The Non-SBA Practice Finance program is for medical professionals looking to refinance, expand, or acquire additional practices.

 

Program Details:

Loan Amount: $250,000 to $10,000,000

Rates: Starting in the low 4’s for real estate
           Starting in the low 4’s for term loans
           Starting at Prime + 0.50

Terms: 10-year term / 20-year amortization on real estate
            7 to 10-year term / 7 to 10-year amortization on practice term loans

 

Loan to Value: Up to 80% on real estate
                          Up to 85% of a practice’s revenue on practice term loans
                    

Prepayment: prepayment penalty on real estate
                       no prepayment on practice term loans

Recourse or Non-Recourse: Recourse

 

Program Benefits:

• Fixed interest rates which help all practices effectively plan for long-term growth.

• Fixed interest rates reduce a practice’s financial risks.

• More significant loan limits compared to the SBA.