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Business Advantage
Veterinary Practice Loans
Practice Solutions: Loans for Veterinarians
Loan amount
Loan amount
up to $5 million
Loan amount
Loan amount
up to $5 million
Save on financing to help your practice grow
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 acquisition and debt consolidation
1.00% for the first 18 months with a competitive rate through maturity that you will know up front
- Acquisitions include partnership buy-ins & second-locations, plus you can consolidate your debt into one loan – but promotions are available separately or combined for maximum benefit
- Flexible loan terms up to 15 years with a minimum loan amount of $250,000 to improve cash flow of practice
- Applications must be received from September 1, 2020 to June 30, 2021, and the loan closed by September 30, 2021
Established practice project promotion
1.00% for the first 18 months with a competitive rate through maturity that you will know up front
- Loan types that qualify are expansions, practice remodels, relocations and additional locations
- Flexible loan terms up to 15 years with a minimum loan amount of $250,000 to improve cash flow of practice
- Established project loan applications must be received from September 1, 2020 to June 30, 2021, and interim project opened by September 30, 2021, to be eligible for promotion
Equipment promotion
0% for the first 6 months with a competitive rate through maturity that you will know up front
- Upgrade or expand with new equipment or software with loans up to $250,000
- Flexible repayment options with no prepayment restrictions
- Apply from September 1, 2020 to June 30, 2021, and close by September 30, 2021
Commercial real estate promotions
Get a 1.99% interest rate for the first 6 months on commercial real estate loans — including SBA.
Benefit from no upfront and appraisal fees on commercial real estate loans — including SBA loans
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
Purchase or refinance office space
Conventional or SBA financing options for commercial real estate
Purchase equipment
Get the money you need to update or expand your practice.
Consolidate debt
Improve your cash flow by consolidating bills into one low monthly payment.
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.
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.
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
