Purchasing a veterinary practice is possibly one of the largest and best investments you can make in your career. With the national average compensation of $98,000 for veterinarians the path to wealth is to own a practice. By purchasing a veterinary practice you will be able to eliminate all the hassles of a start-up and jump right into what you are passionate about. Whether you are acquiring a small animal, exotic, large animal or mix, ProMed Financial understands the unique requirements and needs you will face during your transition to practice ownership. Many veterinary practices for sale also come with the option to purchase the Real Estate. ProMed Financial can guide you to the right decision on the real estate and can provide 100% financing in the real estate as well as the practice.
- 100% Veterinary Practice Acquisition Financing – Flexible & Customized For YOU
- Veterinary Practice Loans Up To $10 Million – Plus Additional Working Capital
- 100% Veterinary Practice Purchase & Practice Real Estate Financing
Many doctors mistakenly believe they cannot get veterinary practice financing because their current income would not be able to support the loan. This misconception discourages many veterinary professionals from acquiring a practice, when in reality, a veterinary 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 veterinary practice and/or 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. If you have faced financial issues in the past ProMed can still help you achieve success and guide you through the acquisition process.
- Competitive Terms 7- 15 years – Keeps Payments Affordable & Low
- Customized Payment Schedules – Whatever fits your financial goal
- Working Capital Lines of Credit (Add Up To $75K In Working Capital)
We help simplify a complex transaction of veterinary practice financing with veterinary practice loans that are the most flexible in the industry and tailored to the unique needs of vets and their practice. Each agent and underwriter has been trained on common veterinary practice loan operations thereby eliminating the learning curve (unlike many non-specialty finance institutions). We help you analyze your veterinary practice purchase including the location, customer base, fee structure and more.
- Add Funds For Additional Veterinary Equipment and/or Office Remodeling
- Quick Approval Process and No Co-Signers Required
We work with you as partner and express our knowledge and opinions on your veterinary practice acquisition. This approach has helped reward us with generations of success and repeat business. ProMed Financial’s roots are in veterinary practice financing and sales. Our veterinary practice loan department has decades of proven analytical models to help the veterinary practice financing underwriters understand your financing needs. Our goal is to establish a working relationship with our buyers and help them throughout their careers – from their first veterinary practice purchase to retirement. Call us today to speak to a personable agent that will be able to guide you on your veterinary practice purchase at no cost to you. Don’t forget to visit our practice sales division for the latest practice listings.
How To Get Started:
Our consultations are free and of no obligation for you. If you’re interested in speaking to one of our seasoned veterinary practice financing agents, please inquire on the right or call our toll-free number (888) 277-6633. We can help you get pre-qualified for any practice you are interested in purchasing. We will be glad to help you answer any questions you have about Veterinary Practice Acquisition Financing or other financing options.