Wealth Building
Are you ready to increase the value of your practice and build personal wealth? Vision One can help with financing for a variety of practice investments. Practice value generally increases when an investment generates sustainable cash flow over time (at least two years). Check with your accountant to make sure the practice investment you choose will create the needed cash flow to service debt and create value.
Be careful not to invest too soon. Startups and recent practice acquisitions can experience volatile cash flow during the ramp up or transition process which make them poor candidates for additional debt or cash investments. Most doctors wait until cash flow and patient volume stabilizes or increases prior to investing.
There are numerous practice investments you might consider.
Equipment
Vision One provides financing for new or used ophthalmic equipment, lab equipment, displays, office equipment, computers and office furnishings.
- Up to 100% financing
- Terms up to 72 months
- Flexible disbursement terms
- Choose from fixed or variable rates
- Section 179 tax deductions available (confirm with your tax advisor)
- No prepayment penalties, no residual payments
- Contact us for rates
Remodel/Relocation
Vision One can help you update your office or add space. Financing is available for larger projects that include both tenant improvements and equipment.
- Up to 100% financing
- Terms up to 120 months
- Flexible disbursement terms
- Choose from fixed or variable rates
- No prepayment penalties, no residual payments
- Contact us for rates
2nd Practice Acquisition
Want to build wealth through a second practice? Vision One can customize financing to realize your strategic objectives.
2nd Practice Purchase
For optometrists who desire to expand their market area through the purchase and operation of a second practice.
- Up to 100% financing available
- Terms up to 10 years
- Variable or fixed rates.
- No prepayment penalties
Rollup Strategy - 2nd Practice Purchase
For optometrists who desire to acquire a competitor's practice and merge locations. Rollup opportunities in many instances yield enhanced cash flow upon elimination of redundant overhead expenses.
- Up to 100% financing available
- Terms up to 10 years
- Variable or fixed rates.
- No prepayment penalties. This saves you interest expense as enhanced cash flow may allow for early debt retirement.
2nd Practice Startup
For optometrists who desire expand their market area into an underserved region.
- Up to 100% financing available
- Terms up to 10 years
- Variable or fixed rates
- No prepayment penalties. This saves you interest expense if the debt is retired
early as the practice cash flow ramps up- Other custom features are available to support short term cash flow requirements
Contact us today for more information.
Partial Ownership of Optometric Partnerships and Corporations
Has increased patient load created a need for more O.D. days in your practice? Concerned about the level of commitment from associates? You might consider selling a partial interest in your practice. Keeping your practice growing helps increase value.
Vision One can finance the sale of a partnership share or corporate stock purchase. Multiple OD practices provide many benefits for the selling optometrist.
- Receive cash from the sale
- Lock in your associate, make them an owner
- Retain control of your practice, sell a minority share
- Give back to the optometric community, mentor a junior optometrist
- Multiple OD practices can
- Achieve higher profits from operating efficiencies due to higher volumes
- Provide flexible schedules for personal lifestyle choices (raising children,
teaching, volunteer work, travel, seasonal sports, etc.)
It is advisable to determine compatibility prior to entering a multiple owner practice.
Contact us to discuss personalized financing options for buyers.
Business Home Equity
Looking for a low rate option or longer term financing for your practice investments? Using your residence as collateral may be the right alternative.
- Loans up to 80% of the appraised value of your home
- Customized terms
- Loans or Lines of Credit
- Fixed or variable rates
- Contact us for current rates
Practice Real Estate
To prepare for a comfortable retirement, wealth must be generated inside and outside of the practice. One way to help accomplish this is to purchase your practice location. Contact your financial advisor to determine if this type investment fits your financial plan and local market conditions are suitable.
- Invest in yourself, not the landlord
- Pay off your real estate loan prior to retirement from practice earnings
- Retirement options
- Sell the practice, lease the real estate
- Sell the practice, sell the real estate
Vision One may be able to finance your practice real estate acquisition
Contact us to review your financing options
High Yield Deposit Accounts / SEP IRAs
Now that your practice cash flow has increased it is time to start a safe, high yield deposit account for savings and retirement.
