A rapidly growing Michigan veterinary practice was referred to MedTrust Capital by a top practice consultant. The practice needed to expand and needed to expand soon and sensibly. MedTrust Capital Group arranged for $4.43 million in practice financing for the practice. The money will cover a massive addition to the doctor’s building, a complete refinance of the practice’s debt, and working capital. The doctor had to inject $35,000 of her own capital which was immediately offset by $75,000 working capital financing.
Does this sound like the kind of capital injection your practice needs to grow?
Also this month, a major bank referred MedTrust Capital Group a veterinary practice acquisition by an out of state doctor and non-doctor practice manager that it could not make happen. MedTrust Capital Group was able to achieve the financing, despite the challenges, through innovative solutions, big banks can’t use. MedTrust provided financing for the sale with a small carry back by the seller, making the financing virtually 0 down. After funding the practice’s real estate at $1.150 million, we were also able to provide $50,000 in working capital.
Practice consultants, practice managers, lawyers, CPAs, and healthcare professionals refer healthcare practice financing to MedTrust Capital Group because we are the experts in innovative, niche financing for these practices. Whether it’s a million dollar real estate financing deal, a small working capital injection, or both, MedTrust Capital Group can find the financing program for your practice’s needs.