Conventional Bank Lending Products
We will support and manage the entire process as your personal loan facilitators? Bank lending representatives are committed to the bank they represent. Bank representatives support of Doctor requests have a standard process with little creativity and flexibility. We represent and support you, not the Bank!
As executives with banking experience, we prepare your loan request to ensure the presentation to the bank has the best opportunity to be approved. We can negotiate better rates, terms, and structures than you might obtain working through a bank representative directly.
We work for YOU, not the Bank!
Practice Debt Consolidation & Refinance Loans Can Payoff:
- Payoff inventory/supply debt
- Payoff business bank and practice loans
- Payoff seller carry-back loans
- Payoff equipment loans
- Payoff personal debt (limited)
- Payoff working capital loan
- Payoff revolving credit lines
- Payoff business credit card debt
Practice Equity Loans:
- Payoff and consolidate debt and refinance practice loans
- Obtain “Cash” from a percentage of equity practice values
Retirement Planning Loans: (3 to 5 years prior to retirement)
- Payoff and consolidate debt and refinance all practice loans to maximize practice sale value
- We create a practice sale action plan using our retirement preparation program. This will maximize practice sale value and ease of transition from sale to retirement.
- Supreme will value your business each year until retirement with a focus on maintaining and/or growing revenues
Practice/Business Acquisition and Purchase Loans:
Supreme Consultants expertise will offer Buyers the protection and guidance recommended throughout the purchase process. Practice Brokers ultimately represent the seller and they are paid on sale price. This can be a conflict of interest we will mitigate as your representative.
- Includes Multi-Practice/Business Acquisitions
- Loan to purchase practice
- Practice price valuation and assessment
- Supreme will negotiate practice sale price and terms of purchase
- Assistance with buy-sell agreement
- Assistance negotiating a new office lease
- Assistance obtaining all insurance requirements
- Assistance with employment agreements and seller earn outs when needed
- Evaluate A/R terms and obtain working capital to assist the buyer through the transition period based on this analysis
- Prepare projections for first twenty-four months post sale, follow, and analyze
- Transition action plan for twenty-four months post sale with quarterly financial analysis to ensure action plan goals
Practice Start Up Loans:
(Dental, Veterinarian, Optometry and Physicians)
- We can facilitate a loan to ensure a prescription for success including graduated payment or interest only payment plans for a start-up period. As you build your practice the payment will build minimizing financial stress during the patient growth period
- Projection plan for twenty-four months to include quarterly financial analysis through Supreme oversight
- Working capital and revolving lines to ensure success and create a cash flow backup
- Guidance to obtain insurance required through Supreme practice network
- Assistance negotiating the office lease with a focus on the first six months rental amount
- Equipment purchases through premier Supreme practice network
Remodeling Practice and Practice Expansion
Supreme can help you with projections to substantiate expansions.
- Practice remodeling and expansion loans
- Assistance with office lease expansion negotiation
- Payoff inventory/supply debt
- Payoff business bank and practice loans
- Payoff seller carry-back loans
- Payoff equipment loans
- Payoff personal debt (limited)
- Payoff working capital loans
- Payoff revolving credit lines
- Payoff business credit card debt
Equipment Purchase and Equipment Finance Loans:
Payoff short term equipment loans, consolidate multiple equipment loans into one loan and extend term in order to increase practice cash flow.
- Best Rates available for “new” equipment purchases loans
- Most equipment loan companies offer five to seven-year financing, Supreme can facilitate a ten- year loan term on new equipment purchases. Lower payment, better practice cash flow.
Practice Management and Consultant Loans:
- Management Consultant loans available. First contract with a Management Consulting firm. Negotiate a one to two-year contract for a discounted fee and let Supreme facilitate a payment plan over a five to seven-year period. A payment plan offers better practice cash flow as the management consulting team helps grow practice revenues. A Win-Win
- Supreme has relationships with the top management consulting firms that specialize helping practices perform to industry norms and better. Supreme can refer you with a free consultation to find the best opportunity for your success.