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HEALTHCARE SOLUTIONS

VETERINARY PRACTICE

Firstrust can help your veterinary practice meet your growth goals and will work with you to overcome financial challenges. Our Relationship Managers are experienced in all aspects of vet practice management, including financing, cash flow management and providing you with the right tools and resources to help you manage your practice effectively and efficiently.

Contact a Relationship Manager
Partner Buyout

Partner Buyout

At Firstrust, we specialize in partnership buyouts and will make the transition as smooth as possible for you and your partners.

Practice Expansion

Practice Expansion

If you are planning on expanding your practice, we will develop a customized loan solution to meet your growth strategy.

Construction

Ground-Up Construction

When you’re ready to design and build your practice from the ground up, we will put together a loan package to meet your specific needs.

Veterinary Practice
Construction Loans

For veterinary practices or practices looking to expand, it often makes more sense to build a new facility from the ground up than purchase an existing building. For example, you don’t have to worry about potential problems with an old building and you can design the building that meets all of your needs. Firstrust will work with you to structure a construction loan that is tailored for your practice.

Veterinary Practice Expansion Loans

Successful veterinary practices often outgrow their space and need to renovate and expand their facilities or construct new facilities. Firstrust commercial lenders can work with you to structure an expansion loan that allows your practice to fulfill its growth potential.

Financing For Healthcare Businesses And Sponsors

We have an experienced team of Healthcare Relationship Managers who help middle market healthcare facilities, providers, servicing companies and private equity sponsors grow their healthcare portfolio.

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Payment Processing Solutions

As a business owner, one of the most important business decisions you make is how you accept and process payments. Payment Navigator®Medical Officegives you the tools to boost productivity, produce quick treatment estimates and the ability to set up payment plans for pet owners all in one secure system.

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Healthcare Practices

Top Frequently Asked Questions

The Healthcare industry can be complex and unique, that’s why we offer business loans and lines of credit that come in all sorts of shapes and sizes. There is no one-size fits all approach at Firstrust Bank. We can customize your interest rates, fees, payment terms, and credit limits to your needs. We can even offer flexible plans that allow the terms of your loans to change as your business grows.
We are happy to compare our programs to any of our competitors as not every financial institution matches the needs of every borrower. You should work with a bank that understands the healthcare industry and will offer you flexible financing terms as you grow your practice and move through different business life cycles.
Trick question! Both historical performance and projections are important, but they are only part of the story. We also want to get to know you and understand what makes your business tick.
You will work one-on-one with your own Relationship Manager. And, depending on your need, they may need to bring in an expert from another department, but your Relationship Manager will be your quarterback and designated point person.
Having the right tools to run your day-to-day practice is critical to your success. These tools help your cash flow remain strong, provide a better patient experience and could add to your bottom-line. There are a variety of factors that go into knowing which products and services are the right fit for your practice. Your Relationship Manager will look at your business practices and recommend the right solutions.
Relationship Managers are experts on analyzing the cash flow of a practice. They will be happy to walk you through the process.
Yes, we have decades of experience working with clients in the healthcare industry. We know that each practice has unique needs and we can customize products and solutions to help you achieve your goals. 
Many successful healthcare practices find themselves in growth mode. Whether it's upgrading a facility, adding staff, buying a building or acquiring another practice, most practice owners find themselves turning to a bank to help them obtain financing to invest in their expansion efforts.

We make building a great practice, simple.

We are a full-service commercial bank with an experienced team dedicated to serving the healthcare practice industry.

Our Relationship Managers have all the tools, and technology needed to help your growing practices succeed. And offer the highest-rated customer service in our region with each deal reviewed individually through the underwriting process.

 

• Working capital loans and lines

• Practice acquisition

• Equipment financing

• Treasury Management

• Corporate Card

• Construction financing

• Partnership buyout

• Merchant services

• Selling your practice

Healthcare Practice Finance

Veterinary Practice Specialists


John Rooney

Senior Vice President,
Healthcare Practice Finance
 

Contact John


Jonathan Chiodo, MBA

Senior Vice President,
Healthcare Practice Finance
Team Leader

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Anwar Jones

Vice President,
Healthcare Practice Finance
 

Contact Anwar


Jason Showmaker

Vice President
Healthcare Practice Finance
 

View Profile

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Banking Solutions for

Veterinary Professionals

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Business Checking and Savings

Variety of business accounts to meet your needs that include debit cards and overdraft protection.

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Manage Short-term Cash Flow

Have capital available to cover unexpected expenses during slow billing cycles.

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Treasury Management

Improve your cash flow, maximize investments, lower costs and simplify your accounting.

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Finance New Equipment

Purchase or lease equipment to stay ahead of the competition.

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Ease of Banking

Online Banking and Mobile Banking allow you to access your account 24/7.

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Commercial Mortgages

Grow assets and have control of your property by purchasing your own commercial real estate.

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How to Run A Financially Healthy Veterinary Practice

As the owner or manager of a veterinary practice, one of your main priorities is helping your clients’ pets maintain good health. However, it’s just as important to stay focused on the financial health of your business.

One way to do this is to identify and track the most important Key Performance Indicators (KPIs) for your practice. KPIs are quantifiable measurements that determine the financial success and profitability (or lack thereof) of your practice. They offer an objective way to monitor financial trends and quantify progress toward your goals.

Turning Data into Intelligence
You likely have access to reams of financial data about your veterinary practice — everything from income and expenses to production by service code, supply and retail product inventory, payroll, the number of clients in your system and the number of lab tests ordered last month or last year. The challenge is turning all of this data into actionable intelligence you can use to improve practice financial management and boost profitability.

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Testimonials

What Our Customers Say

Focusing on our customer's needs is not part of what we do-it is what we do. Over the years, we have been privileged to be able to help thousands of businesses write their own success stories.

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Ellen B.

I have banked with Firstrust for the past 5 years. Their insight and foresight allows me to make the best business decisions for my company. I recommend Firstrust to all of my business affiliates.

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D G.

I wanted to do renovations on my home and take out a line of credit. Firstrust gave me the best rate and the process was so simple! Every time I go into to the bank, they are always so nice!

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Nancy W.

Firstrust is always the first that I go to for commercial mortgages. Their lender is experienced, knowledgeable, and she understands my needs, answers my questions, even when they are unrelated to our loans, and helps me grow my real estate investment portfolio.

1/3

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All credit, terms and conditions are based upon individual review and approval.

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