Practice Loan Details
| Date: |
July 10, 2014 |
| Title: |
$1.2MM Funeral Home Acquisition |
| Practice Type: |
Death Care Practice |
| Loan Terms: |
$987K FUNERAL HOME ACQUISITION LOAN, 6.00% (PRIME + 2.75), 25-YEAR TERM |
| Scenario: |
A funeral home director was looking to purchase his own death care practice. He contacted 1st Med when he heard about our funeral home financing options.
SBA 7(a) Practice Financing Structured with $50K in working capital for marketing & future growth.
Loan Proposal Issued: 7/10/2014 |
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1st Med Advantages
 48 Hour Pre-Approvals |
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| Direct Industry Knowledge |
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| Streamlined Closing Process |
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| No Up-Front or APP Fees Ever! |
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