FNB Small Business Finance is a premier SBA lender for the senior care industry. We provide long term financing solutions that offer greater flexibility and growth opportunities for those in the senior care sector. We offer quarterly variable, 3-year fixed or 5-year fixed rates on all loan options – you choose the solution that best meets your needs. As an experienced small business lender, our goal is to be a strategic partner in your mission of providing the best possible care for seniors and their families.
Solutions
- Up to 100% financing for practice acquisition, partner buyout (including partial buyout), and purchase of owner occupied commercial real estate
- Includes Seller Note on most acquisitions and partner buyouts
- Up to 90% financing for a start-up
- Practice expansion – new location, larger building, or addition to current facility
- Ground-up construction and property improvements
Benefits
- Lower down payments
- Longer repayment terms – 10 to 25 years
- Helps you build and maintain cash flow
- One loan for many of your practice’s needs
- Flexible rate structures to help manage rate volatility
- Quarterly variable, 3- or 5-year fixed rates
- You choose your rate structure
- Quarterly variable, 3- or 5-year fixed rates
Ready to talk about financing? We recommend you reach out to your nearest FNB Small Business Finance Business Development Officer, who will schedule an initial call with you.
Pre-Application Checklist:
There are a few things that are helpful to prepare for an initial call:
- Estimated project costs
- Three years of tax returns, interim financial statements on existing business(es) including Income Statement, Balance Sheet, Debt Schedule (if applicable)
- Three years of personal tax returns – all owners 20%+
- Personal Financial Statement – all owners 20%+
