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Veterinary Practice Loans

Features and benefits

Interest-only and graduated payment structures are available for startup loans. On project-related loans, a dedicated project manager will be assigned to make payments to suppliers on your behalf. If you are an established owner, you may qualify for the option to receive funds all at once to self-manage your project.

Limited time offers

Practice Start-up Loan Promotion

2.99% for the Life of the Loan

  • All-inclusive financing that addresses everything from office design and equipment installation to training, supplies and working capital
  • Complimentary Practice Heartbeat program enrollment
  • Applications must be received from July 1, 2021, to September 30, 2021, and interim projects opened by January 31, 2022

Commercial real estate promotions

Get a 1.99% interest rate for the first 6 months on commercial real estate loans — including SBA.

  • Loans from $100,000.
  • Apply by September 30, 2021 and close by January 31, 2022.

Benefit from no upfront and appraisal fees on commercial real estate loans — including SBA loans

  • Limited-time offer ends September 30, 2021
  • Qualifying loans starting at $100,000 when you purchase or refinance commercial real estate. Exclusions apply

Practice Equipment Loan Promotion

3.89% for the Life of the Loan

  • Benefit from affordable equipment financing with terms that work for you
  • Financing up to $150,000, with limited documentation
  • Applications must be received from August 16, 2021, to December 31, 2021, and booked and funded by January 31, 2022

PSA Loan Promotional Offer

1.89% Interest Rate for the First Two Years

  • Financing solutions to help first-time or established owners acquire additional locations
  • Principal reduction and early payoff options
  • Fixed rates and flexible terms, up to 15 years
  • Excludes: Start-ups, Established projects, Debt Consolidation, Commercial Real Estate, and Jumpstarts
  • Applications must be received from September 20, 2021, to March 31, 2022, and must book and fund by June 30, 2022

Benefit for veterans

Take advantage of a 25% discount on loan administration or origination fees. Offer valid for veterans of the U.S. Armed Forces on new credit facility applications in Small Business.

Start a new practice

  • Finance construction
  • Fund project expenses
  • Get working capital

Expand a practice

  • Purchase equipment
  • Remodel your office
  • Add a new location

Acquire a practice

  • Ensure a smooth transition
  • Get working capital
  • Multiple practice financing

Qualifications

Requirements vary based on type of financing you are seeking
Call 800.497.6076 to speak with a Practice Specialist

 

Qualifications

Requirements vary based on type of financing you are seeking
Call 800.497.6076 to speak with a Practice Specialist
 
 

Preferred Rewards for Business clients can save even more with interest rate discounts of

Preferred Rewards for Business clients can save even more with interest rate discounts of

0.25%

Gold

0.30%

Platinum

0.35%

Platinum Honors

 

Preferred Rewards for Business clients can save even more with interest rate discounts of

Preferred Rewards for Business clients can save even more with interest rate discounts of

0.25%

Gold

0.30%

Platinum

0.35%

Platinum Honors

 
 
 

We’re here to help

Call 800.497.6076 to speak with a Practice Specialist

Call 800.497.6076 to speak with a Practice Specialist

We’ll work with you to develop a financial solution to move your business forward, whether it’s to start a new practice, expand your current or buy an existing one.

Practice Heartbeat®

Complimentary when you start or purchase a practice for the first time.
Practice specialists will help you:
  • Determine your practice performance based upon revenue projections
  • Deliver a comprehensive evaluation of your practice
  • Offer business strategies to help you improve

A trusted provider

We're proud to be a financial partner of the American Veterinary Medical Association and the American Animal Hospital Association. Endorsed group members receive a 50% discount on administration fees associated with a funded loan.

See endorsements

 

Events & trade shows

Bank of America Practice Specialists appear at major trade shows so you can discuss your financing needs with them directly. We also hold symposiums so you can deepen your knowledge about various issues important to your professional success. Use this page to find an event near you.

Nov 04 - 05, 2021

New York Vet Conference, Javits Convention Ctr., New York, NY

Dec 02 - 05, 2021

FETCH Veterinary Conference, San Diego Convention Ctr., San Diego, CA

Connect with us

800.497.6076

Mon-Thu 8 a.m. – 8 p.m. ET
Fri 8 a.m. – 7 p.m. ET

Mon-Thu 8 a.m. – 8 p.m. ET
Fri 8 a.m. – 7 p.m. ET