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Practice Acquisition Financing

Purchasing a practice is possibly one of the largest and best investments you will make in your career. By acquiring an existing practice you will be able to eliminate all the hassles of a startup and jump right into what you are passionate about.

Our Practice Acquisition Loans are tailored to each specialty and are the most flexible in the industry. Each agent, and underwriter has been trained on common practice operations therby eliminating the learning curve unlike many non-specialty financial institutions.

• Loans up to $10 million
• 100% Financing
• Terms 7- 15 years
• Additional working capital -Add up to $75K in working capital
• Add additional equipment
• Add funds to remodel office
• Customized payment schedules
• Deferred and graduated (step) programs available
• Quick approval process
• No cosigners required
• Guidance on completing a standard business plan

 

 

Acquisition Financing


We work with you as partner, and express our knowledge and opinions on your practice acquisition. This caring mentality has awarded us our years of success and repeat business. ProMed Financial’s roots are in practice sales so our departments have decades of proven analytical models to help the underwriters understand your practice acquisition financing needs.

Many doctors mistakenly believe they cannot get financing for a practice because their current income would not be able to support the loan. This misconception discourages many healthcare professionals from acquiring a practice, when in reality, a practice acquisition loan is financed based on the cash flow of the purchasing practice, not the assets or income of the buyer.

Depending on the size of the practice and / or the specialty, a certain level of experience might be necessary. But in essence, the most important factor for a buyer is to show a responsible credit history. For our sub-prime program we can even do some acquisitions through our sba program

Our goal is to establish a working relationship with our buyers and help them throught their careers. Call us today for a no hassle, personable agent that will be able to guide youon your purchase at not cost to you.

Don’t forget to visit our practice sales division for the latest practice listings



 

 



   

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