Choosing the right loan for your clinic
They say that time heals all wounds, but in some cases too much time might cause more pain than we think. For veterinarians – no strangers to aiding in client pain management – the length of your clinic loan might harbor some hidden pain if the term is too long. Consider loan term. Until the late 1990’s, banks typically structured five year loans for most veterinary clinics. As banking relationships have evolved, that common loan duration has stretched first to seven...
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