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At 1st Med Financial, we understand that many times, a partner buy-in/buy-out is the most advantageous scenario for a dentist. Maybe an aging practitioner would like to cash-out some equity in the practice and bring on a new or current associate to share and continue to grow the practice. Or, a current partnership has ran its course and one of the Optometry practice partners is looking to move on. We will assist in coordinating the most suitable financing scenario to meet the ultimate goals of both parties.
Keep in mind that a partner buy-in will usually require a lien on the whole practice (not just the half being financed). This is a detail to be brought up early in negotiations, as many current Optometry practice owners are not aware of this requirement. A personal guarantee of the selling partner will not be required.
At 1st Med, we've been helping numerous Optometry practice partners take advantage of the historically low interest rates & the multiple 100% buy-in options available.
At 1st Med Financial, we pride ourselves on guiding each buyer through the process of successfully obtaining A Optometry Practice Partner Buy-in / Buy-Out Loan. Our Optometry Practice Loan Advisors have over 25 years of combined lending experience and will work with you to evaluate the financial feasibility of the opportunity you are considering.
To speak with one of our practice loan advisors and learn more about the Optometry Practice Partner Buy-In/Buy-Out Loan Programs available, give us a call at (877) 625-8531 or click here to get started online.
“Working with David and his team while purchasing an optometry practice, with a vision therapy focus, has been a great and very easy experience. He clearly outlined everything needed, how to get it done, and answered all questions throughout the process. His focus never wavered from helping us close on time in a straightforward and understandable way.
After having spoken with multiple other lenders, David did a wonderful job finding the right loan for our experience and practice requirements. The hope is to expand in the future and we’ll have no hesitation calling David to help us through the financing process again.”