Bankers Direct Business Finance is an expert in conventional business and healthcare practice financing we can also assist you in acquiring an SBA Loan. We work with several programs involving the U.S. Small Business Administration (SBA). We provide SBA Loans from $100,000 up to $5 million to a wide variety of healthcare professionals, including Chiropractors, Dentists, MD's, Optometrists, Osteopaths, Pediatricians, Physicians, Podiatrists, Psychiatrists, Surgeons, Veterinarians, etc. |  |
Bankers Direct uses the Preferred Lender Program (PLP) to accelerate loan approvals and closings. Preferred Lending Program lenders (PLP) can underwrite loans in-house, and not have to get credit approval from the SBA, thus increasing chances of success and minimizing closing time.
We not only assist you in packaging your loan and properly analyzing the details, but also help in reducing your down payment, out of pocket costs and closing expenses. Since we only specialize in providing loans to healthcare professionals, this enables us to process SBA Loans more quickly and efficiently than many other SBA lenders. In short, let us do the work to make your SBA loan process run smoothly, while you do what you do best – run your healthcare practice.
Types of SBA Loans
- SBA 7(a) - see Loans Forms
- SBA Express - see Loans Forms
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Funding Available For
- Practice Acquisition with Working Capital and Costs Financed
- Building Purchase and Construction
- Practice Start-up
- Equipment Purchases
- Practice Refinance or Debt Consolidation
- Practice Renovation
- Working Capital
Terms Available
- Zero Down Payment for MD's, Dentists, Veterinarian and Chiropractor practice acquisitions
- 10% down if unusual credit history or marginal experience
- 10% Down Payment on Real Estate for qualified transactions
- Interest Rates at 2 over prime (adjusting with Prime) on practice acquisitions
- Interest Rates as low as 1 over prime (adjusting with Prime) for real estate
- 10 year terms for practice acquisitions
- Up to 25 year terms for real estate
- Working Capital: 7 year terms with fixed and variable rates
- Equipment: Up to 10 year terms with fixed and variable rates
Our experienced staff is ready to assist you with the SBA Loan Program that best meets the needs of your business! As an SBA Preferred Lender, we can approve and fund your loan in as little as 30 days! For more information on any of our corporate funding services, please call us at 954-227-7440 Or Apply Online. |