Term Loans designed specifically for Medical and health professionals, must be licensed to practice.
Loans do not have a collateral requirement.
Loan Availability: $100,000 to $250,000 standard product, can go as high as $1 million.
Credit Profile: A+ to B, business and personal including debt to income and loan coverage criteria.
Repayment Term: 3 to 10 years
Rate: Interest rates start in the high single digits and can exceed 20%, certain lenders offer terms at fixed
interest amount based upon factors that can be greater than 1.30:1.