PRESS RELEASE JULY 21, 2016
SBA Loan Group, a leading SBA loan packager, announces today their affiliation with the MedResults Network, the nation’s largest buying network for aesthetic medicine providers and medical spas. The purpose of this affiliation is to assist MedResults Network’s 2,500 members in obtaining low cost (currently 6.25% or less) and long-term (10-25 years) financing through the SBA Loan Guarantee Program.
SBA Loan Group works with the borrower to gather all the data needed to apply for a SBA loan. It then analyzes the data to ensure that the company qualifies for the loan. It then prepares a pre-underwriting analysis, fills out all the bank applications, and applies on behalf of the customers to one or more of its more than 50 participating banks.
SBA Loan Group assists the bank and the client in receiving a bank commitment letter, SBA approval and funding of the loan.
SBA Loan Group only receives a fee on the successful closing of the funding of the loan.
Jeff Routledge, CEO of MedResults Network stated, ”We are very excited to partner with SBA Loan Group, over the past 12 months we have experienced a much higher volume of calls from our members looking for better financing alternatives for working capital, equipment and device financing and re-financing, practice and med spa expansion, and real estate acquisition. We listened to our members and we know we have found a great financing partner and solution for them. The leaders of SBA Loan group have multiple decades of experience working with physicians and facilities, our members will greatly benefit from this experience!”
“We are very pleased to have the opportunity to serve the Members of the MedResults Network. With SBA Loan Group’s vast experience in working with physician groups and MedResults Network’s eight-year history of working with aesthetic providers, we think we have a wonderful partnership and program that will greatly benefit MedResults Network Members.” says Jarret Prussin, CEO of SBA Loan Group.
If you are interested in this program please either click this link to fill out the short form and we will contact you or dial (850) 454-1677.
About the MedResults Network
MedResults Network is an organization based on saving our members time and money! Using the buying power of our 2,500 members, we’ve negotiated with over 50+ national vendors to bring aesthetic providers discounts and rebates on the products and services they use daily. MedResults Network is the only national buying group that offers benefits at no cost to members, with no risk, and with the opportunity for members to continue purchasing directly from their preferred manufacturers and distributors.
For more information