Medical professional loans

Medical professional loans

Use of Loan Proceeds: Practice start-up or purchase / Expansion, partner buy-out / Real estate or leasehold Can include equipment, furniture, working capital.

Loan Amounts: $250,000 to $2,000,000

Cash/Equity Injection: 10% of total project costs.

Experience: Proper license and 2 years direct experience in the industry.

Loan Terms: Term up to 25 years. Fully amortized (no balloon).

Interest Rates: Dependent upon strength of practice Rates from P+1.25% - 2.5% variable

Collateral: No minimum for Start-ups up to $500,000 No minimum for Acquisitions to $1,000,000

Personal Guaranty: SBA requires from all 20% or more owners.

Life Insurance: Key man life insurance may be required

Our underwriters are professionally trained to keep the interest of the professional a priority. They are experienced in working with borrowers of all sizes. Thus, they can fund loans anywhere in the country! So please call one of our underwriters today at 317-348-0732