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Practice Debt Consolidation

The most important principal of a practice investment is to understand that a dollar today is worth more than a dollar tomorrow. ProMed Financial has helped thousands of doctors consolidate their debt and increase cashflow, enabling doctors to collect more from their investments today, not tomorrow.

Our practice debt consolidation loan is also a great way to get ahead in your finances and a nice to reduce your monthly obligations.

• Loans up to $10 million
• Consolidate Credit Cards, Lines of Credit
Startups, Practice Acquisitions, Equipment
• Low fixed rates
• Terms 7- 15 years
• Principal Reduction Payments
• Additional working capital - up to $75K
• Add additional equipment
• Add Real Estate
• Add funds to remodel office
• Quick approval process
• No cosigners required

How will I save?

Take the example below of a typical practice debt schedule

Practice Debt Schedule
Monthly Payment
Original Amount
Balance Today
Practice Acquisition or Startup
$5,675
$350,000
$282,000
Equipment
$1,043
$55,000
$35,000
Credit Card
$270
$11,000
$9,000
Line of Credit
$650
$50,000
$30,000
OLD Monthly Payment
$7,638
 
NEW Monthly Payment
$3,664
Added Cash flow is $3,974 a month or $47,688 a year

Why consolidate your practice debt?

  • Pay out credit cards with high percentage rates
  • Increase Cashflow put more money for retirement or practice expansion
  • Pay Less Interest
  • Simplify monthly payments
  • Have more liquidity
  • Peace of mind .

Call our Practice Debt Consolidation Division and find out how much you can save. 888-277-6633


 


 



   

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