Buying and Selling a Clinic.

Revised 8/04

"Q & A Session of the most commonly asked questions in selling and buying a clinic"

• Is it difficult for a new (graduate) doctor to get financing in purchasing a clinic?

• What kind of credit score rating must one have to qualify for a loan?

• Should the buyer be pre-qualified before I open and disclose all my books and records?

• What if the potential buyer says, “Not to worry – I’m just going to borrow money from my neighborhood (retail) bank.”

• What is the interest rate and down payment for the buyer (if any)?

• Is there anything the underwriter is looking for in particular?