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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 Pharmacy 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 Pharmacy 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 Pharmacy 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 Pharmacy Partner Buy-Out Loan. Our Pharmacy 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.
“My experience with 1st Med Financial was second to none. From the initial phone call to the final closing they were available to address any issues or concerns.
I worked with Mike Furlong. He was always a phone call away and promptly in replied within minutes. Mike illustrated options for us that no traditional commercial bank was able to offer.
We will definitely be looking to work with Mike again as we continue to grow and I highly recommend 1st Med Financial to anyone needing financing or refinancing for any pharmacy financing needs. Thanks again Mike for all your hard work in getting our deal done!”