Surgical Medical Ful
Surgical Medical Ful
Medical Doctors, Cardiovascular Surgeons, Neurosurgeons, New and Used, Machine, Equipment Financing, Leasing, Business Loans, Application Only and Ful
Medical Doctors, Cardiovascular surgeons, Neurosurgeons, new and used, machinery, equipment financing, leasing and business loans are still available in today’s financial markets. In this article, we are going to address some application only programs that are available up to $125,000 and full documentation packages up to $250,000.
In today’s market, many lenders have either run out of money to lend or must liquidate their off lease inventories to generate working capital. Additionally, some lenders are no longer in business due to these difficult economic times.
This economic crisis has affected everyone including banks and lenders. The available financing and business loan programs described here include you locating your own medical doctors, cardiovascular surgeons, neurosurgeons, machinery, equipment and bringing to a conventional lender for financing
The business loan requirements for application only programs up to $125,000 are the following:
“A” Credit requires the following: Up to $125,000
• 5 years TIB (time in business) under current ownership
• 700+ credit score
”B” Credit requires the following: Up to $75,000
• 0-3+ years TIB (time in business) under current ownership
• 650-700 credit score
The rates on A and B paper will be slightly different.
Additionally, a filled out lease application dated and signed by the owners and summary page of the last three months business bank statements will get the lending process started.
A copy of an invoice, purchase order etc would be required from the qualified dealer. Additionally, other information might be required but this is taken on a case by case basis.
For equipment and machine financing, leasing and business loans up to $250,000, these are the following requirements:
• 5 years TIB (time in business) under current ownership
• Full Financial Package is required will ALL applications • 675+ credit score
• Low 5 Average bank balance with no NSF’s or Overdrafts
Additionally, the details of this program is listed below if a Corporation of any kind)
1. 2 current years corporate tax returns (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
2. Last 2 years profit & loss statements
3. Last 2 years balance sheets
4. Year to date profit & loss statements
5. Year to date balance sheets
6. 2 current years personal tax returns for ALL owners (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
7. Current signed and dated personal financial statements for ALL owners 8. COMPLETE application with ALL owners information and signatures
(if a Sole. Prop.)
1. 2 current years personal tax returns (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
2. Current signed and dated personal financial statements
3. Last 2 years profit & loss statements
4. Last 2 years balance sheets
5. Year to date profit & loss statements
6. Year to date balance sheets
7. COMPLETE application with ALL owners information and signatures
Once again, a signed and dated lease application would be required to get the financing process started. A copy of an invoice, purchase order etc would be required from the qualified dealer. Additionally, other information be might be required but this is taken on a case by case basis.
This application only and full documentation program would apply to additional following types of healthcare professionals as well:
Medical Doctors, Family Practitioners, Physicians, Cardiologists, Radiologists, Dentists, Urologists, Vets, Surgeons, Physical Therapists, Neurosurgeons, OB/Gyns, Oncologists, Physical Therapists, Plastic Surgeons, Oral Surgeons, Proctologists, Oral Surgeons, Family Doctors, All MD’s, Cardiovascular Surgeons, etc
Additionally, the types of medical and hospital equipment that would qualify under this application only and full documentation financing programs would be:
X Ray equipment, Bone Imaging, Cat Scans, Cardiac Monitors, MRI and Imaging equipment, Lasers and Monitors, Ultrasound equipment, Radiology equipment, Surgical tables and lights, anesthesia machines and vaporisers, microscopes, other types of medical equipment etc
In these difficult economic times, there is still conventional business financing and loans available for the qualified applicant
Happy hunting for your medical doctors, cardiovascular surgeons, neurosurgeons equipment, machine acquisition and its related financing, leasing and business loans,..
About the Author
Rick has over thiry years in the financial field, including financing, leasing, business loans, working capital and hard asset money loans, and commercial lending
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