LeverageRx compares the best financial services for physicians, including practice loans, on the Physician's Money Digest site.
According to the report, here are the comparisons between five different physician practice loan opportunities:
1. Bankers Healthcare Group
• Minimum loan: $20,000
• Maximum loan: $500,000
• Interest rate: Varies
2. MedTrust
• Maximum loan: $300,000
• Interest rate: 4.5 percent to 7.49 percent (10-year conventional)
3. National Business Capital
• Maximum loan: $300,000
• Interest rate: 3 percent
4. Bank of America:
• Maximum loan: $300,000
• Interest rate: 3 percent
5. Wells Fargo
• Maximum loan: $300,000
• Interest rate: 3 percent