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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