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Demystifying the Practice Loan Process [Webinar]

Multiple hands reaching for the sky, holding dollars and coins

Is it time to buy the practice you've always dreamed of, but you don't know where to begin? Who do you turn to for help and what about the funds you will need? Understanding the steps and the process can take the fear factor out of the practice acquisition equation and help you focus on your success.

In this one hour webinar, Sabrina Morrow from Wells Fargo Practice Finance presented on how to put your best credit foot forward during the process of applying for a practice loan. Ms. Morrow discussed the many factors you need to consider when applying for a loan, including:

  • Understanding how to develop and maintain your credit profile
  • Formulating a team of advisors to help ensure success
  • Recognizing the different types of lenders and choose what’s best for you

Resources

Download the handout, Loan Options for Practice Growth [PDF], which details the paperwork that may be required for different loan types.

About the Presenter

Sabrina Morrow, MBA, Manager PNW
Wells Fargo Practice Finance

Sabrina has more than 18 years in business administration, banking, and building strong long lasting relationship with happy clients. Sabrina holds a master’s degree in business administration degree and has extensive experience in small business finance, business and consumer lending and credit. Her passion is helping her clients, large or small succeeds financially. Currently, Sabrina specializes in the small business healthcare lending segment with four verticals (Dental, Medical, Veterinary, and Optometry). When she is not helping clients startup or acquire a new practice, upgrade, renovate or expand an existing practice or prepare for a transition event, she is taking care of her 4 dogs, extended family and volunteering for some cause she is close to. Most of all she enjoys being a resource for her clients, family, friends and colleagues.

This information is provided courtesy of Wells Fargo Practice Finance, the only practice and commercial real estate financing company endorsed by ADA Business Resources. Learn more about Wells Fargo or call 888.937.2321. Please note the views expressed in the webinar do not necessarily reflect those of the ADA.

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