Funding Your Future
With a healthy practice comes growth, expansion, upgrades, and more; and JMB offers a financial partnership that prioritizes your practice’s well-being just as you do with your patients. Our team of health services experts understands the intricacies of the industry and can help take your practice to the next level.
Owner-Occupied Commercial Real Estate Loan
- Up to 100% Financing
- Competitive terms up to 15 years with up to 25-year amortization for $250,000 minimum – $10,000,000 maximum
- Financing will include a commercial mortgage secured by a first trust loan at a max loan to value of 80%; remaining 20% will be in the form of a fully amortizing term loan to the practice (term up to 10 years)
- No commitment fees and $550 closing fee plus closing costs
- Eligible for a 6-12 month introductory rate
- Rates lock 30 days prior to closing
Working Capital Line of Credit
- Up to 2 years
- Interest-only line with $250,000 minimum – $3,000,000 maximum
- No commitment fees and $550 closing fee plus closing costs
Total Practice Financing (Buy-in/Buy-Out, Equipment, Software, etc.)
- Competitive terms up to 10 years fully amortizing for $250,000 minimum – $1,000,000 maximum
- Up to 100% of medical equipment/software
- Up to 90% of partnership buy-ins/buy-outs
- No commitment fees and $550 closing fee plus closing costs
- Eligible for a 6-12 month introductory rate
- Rates lock 30 days prior to closing
Deposit Condition: All products require the entire business deposit relationship held at JMB; monthly payments auto-debited. Minimum 2 years in business and minimum $250,000 in annual revenue. Closing required within 60 days of term sheet execution for all products. Rate and term to be determined based on a full review of credit application.