Alternative Financing Helped Busy Optometry Practice Expand

Best Vision, Des Plaines, Illinois

When Dr. Shelley Kim, owner of Best Vision in Des Plaines, Illinois, was ready to expand her optometry practice to a new location, her lender informed her of the 504 Loan Program as an alternative form of financing.  "While I did have the necessary funds to purchase and improve a property using conventional financing, the 10% down payment and 20 year low fixed rate on 40% of the loan were very attractive", Dr. Kim stated.  "Furthermore, I anticipated that I may need some cash reserves after moving to a new location, so the 10% down payment really helped alleviate cash flow concerns if they were to arise."

Growth Corp teamed up with Village Bank & Trust to make this expansion possible. 

 

Click here to read more 504 Success Stories.