Results 1 to 5 of 5
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06-03-2025, 12:05 AM #1Senior Member
Reputation points: 31
- Join Date
- Apr 2017
- Location
- Orange County, CA
- Posts
- 111
Dermatology Practice Restart/Startup - $250,000.00 - $350,000
Long-time client. Practiced Dermatology for 30+ years.
Sold his old practice is unretiring, and bringing on his old high-volume PA
A turn-key back office, all in the area, easily accessible by old clients.
He has 800 FICO score, Pa has 650 (5-year discharged BK).
Needs 250-350k to cover costs till Medicare starts paying. Which is about a 90 delay from a client's visit.
I have SBA angled covered, it is just not what they want to do. Open to new programs as I usually avoid startups like the plague.
Depending on the deal, there is some decent real estate collateral with equity to put up.
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07-30-2025, 07:19 AM #2Senior Member
Reputation points: 4111
- Join Date
- Oct 2022
- Posts
- 351
Is he allowed to solicit or compete after a successful exit? I might know some groups who purchase the AR if it makes enough sense. This would need to be executed before the SBA is completed as to have a 1st lien position or the rights to these assets.
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07-30-2025, 05:07 PM #3Noob
Reputation points: 10
- Join Date
- Nov 2024
- Posts
- 2
Hey, I offer unsecured loans up to $500k with no down payment 5-7 year terms with no prepayment penalty. Happy to see if this could be a good fit. Please email me at [email protected] *so we can connect.
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07-30-2025, 05:10 PM #4Member
Reputation points: 10
- Join Date
- Jul 2025
- Location
- Newark, NJ
- Posts
- 20
Cash-Out Refi on the Real Estate may be the route to go here.
Ken Phillips
ISO Relations Manger|Business Development
60 Park Pl, Newark NJ 07102
Cell Phone: +1 (862) 452-4769
Email: [email protected]
Website: viviancapitalgrp.com
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