I sold my small animal practice and did some relief work for a couple of years, but was ready for a new practice. It took me many years to upgrade my old facility and purchase the equipment I desired, so this time I was determined to purchase a new, state-of-the-art facility with the required equipment included. My partner shared this dream. We located a perfect site in a rapidly growing area and were anxious to get started. We researched local conventional loans and SBA loans. All of these financing options required 5% to 25% down payment, and their application process was very slow. We were getting discouraged.
I read about USMF in a veterinary journal, and contacted them about a 100% financing program. They were excited and responsive about our project, and the application process was easy. We received our loan approval very quickly. They arranged 100% long-term financing for the construction and real estate, along with a short-term loan for equipment and working capital.Because of USMF’s customized conventional financing, we opened our new facility less than a year from loan approval. Also, because we were able to arrange for 100% financing, we were able to have a fully equipped, state-of-the-art new hospital without sacrificing our own families’ lifestyles.
We love our new building, and our clients do, too! Our practice is growing very rapidly and is exceeding our financial goals. We can now offer laser surgery, ultrasound with telemedicine, behavioral counseling and training classes, and luxury boarding—all because we were able to build the practice of our dreams.
We are grateful to Marc Cornella and USMF for securing the right financing for us. They believed in our dream, tailored the loan for our special circumstances, and gave us excellent service. We enjoyed working with them, and highly recommend USMF for your practice financing needs.
-Sybil Davis, DVM & Stacy O’Quinn, DVM, Riverwalk Animal Hospital (Ridgeland, SC)