Loan Refinance Debt Consolidation - Medical and Optometry
A practice loan application may have one opportunity to be considered, and approved or denied based on a myriad of factors which must be anticipated in advance. To have a clear picture of the application going into the process it is vital to keep organized financial statements and tax returns. This will allow a loan consultant to preempt possible issues and prepare supplemental information to support the request. A well-formulated business plan and projections may be required as well. Ample time and sufficient documentation are the key components to preparing for a practice loan refinance and debt consolidation as well as other practice financing requests.
Most doctors looking to buy or sell their practice can’t find the time to figure out the complicated steps involved. At Transition Consultants, we’ve created a process that makes the transition painless so they can move into their next season and start living life on their own terms.