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Medical Business Loan Request

Loan Request Summary

The purpose of this document is to request a business loan of $250,000 for the purpose of purchasing an existing and growing medical practice in Slidell, LA. The business was established in 2001 through the financial backing of a financier, and it is my desire to use the loan proceeds to purchase the business so that I can become its sole owner. The equity for this loan is the existing practice along with the fixed assets and accounts receivables. I am anticipating an interest rate of approximately 8%.

Management Summary

As is revealed by the attached resume, the owner would be Dr. Michael D. Wright. I completed the Southern University School of Podiatric Medicine and then completed my residency from 1998-01 at the Podiatry Hospital of Slidell. The three-year Podiatric Surgical Residency program which I completed has equipped me with unique expertise which is in much demand not only in my market area but throughout the state. While I offer the capabilities of a physician and hold a Doctor of Podiatric Medicine, I am the only podiatrist within a nearly 200-mile radius qualified to perform surgery of the hind foot and ankle as well as trauma and reconstruction surgery.

Business Summary

The practice which I have established includes a practice through which I see patients on a daily basis. This includes daily monitoring of patients with patients being seen on Monday through Thursday with surgery on Friday. I am also on call and am known for my cheerful willingness to respond to emergencies, such as the urgent need to perform surgery on the foot or ankle when someone has been in a car accident. I have become known for my skill in performing reconstructive surgery of the foot and ankle. My strategy at all times is to provide the finest care so that I can grow the business by word of mouth because of my reputation as a superior doctor and highly skilled surgeon. Visit this site: Animeflix

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