$415K Dental Practice Debt Consolidation

Date:
March 15, 2019
Practice Type:
Dental Practice
Loan Scenario:
A successful dentist located in Austin, TX was looking to consolidate her equipment loan and practice loan into one easy payment. She currently had an conventional loan that was coming up on 5 years and was due to adjust. The adjustment index would cause a large bump in the interest rate and payment.

That is when he came to 1st Med Financial. We were able refinance the practice loan along with a higher interest rate equipment loan that she had. She was able to lower her total monthly payment by over $3,000.

100% Conventional Dental Practice Financing structured to consolidate her current practice and equipment loans.

Closed: 03/15/2019

Loan Terms:
$415K DENTAL PRACTICE DEBT CONSOLIDATION, 5.50% 10-YEAR FIXED TERM

Contact one of our experienced Practice Loan Advisors at (800) 318-7125.