Financing Programs

First National 1870 offers healthcare practice financing and professional practice financing through a special program designed for qualified businesses looking for loans of $250,000-$2,500,000. An efficient credit process provides approvals on business loans that include up to 100% financing for certain healthcare industry loans. These relationships are managed by Business Bankers with an expert focus on the needs of small and medium-sized businesses. Our goal is to deliver lower-than-traditional rates, and will work with your practice to determine whether conventional financing or an SBA loan is the best way to help your practice grow.
 
When you work with First National 1870, we will also support your cash management needs with business deposit accounts, Treasury Management and merchant processing. In addition, for medical practices we offer healthcare-specific Treasury Management services that create revenue cycle and back office efficiencies.
 
Healthcare Industry Financing:
First National 1870’s healthcare financing programs cover a broad range of specialties. We can accommodate all of your financing needs through 5-, 7- or 10-year terms for:

  • Practice acquisitions/expansion (up to 100% financing)
  • Partner buy-in/buy-out loans (up to 100% financing)
  • Refinancing of existing practice debt (up to 100% financing)
  • Start-up financing (up to 100% financing)
  • Owner-occupied commercial real estate (amortization of up to 25 years)
 

Professional Services Financing:
The professional services financing program is available to a range of professional practices including, but not limited to, law firms, accounting firms, and bookkeepers. The program offers 5- and 7-year terms for:

  • Business acquisitions
  • Refinancing of existing debt
  • Business expansion
  • Owner-occupied commercial real estate (amortization of up to 25 years)

Dental Financing:
We are highly experienced in dental lending and dental equipment financing. Our dental financing programs offer 5-, 7- or 10-year terms for:

  • Practice acquisitions (up to 100% financing)
  • Partner buy-in/buy-out loans (up to 100% financing)
  • Refinancing of existing practice debt (up to 100% financing)
  • Start-up financing (up to 100% financing)
  • Owner-occupied commercial real estate (amortization of up to 25 years)

Veterinary Financing:
We are pleased to be able to provide the same financing options to veterinarians as we do for practices dedicated to personal health. Ask about our 5-, 7- or 10-year terms for:

  • Practice acquisitions (up to 100% financing)
  • Partner buy-in/buy-out loans (up to 100% financing)
  • Refinancing of existing practice debt (up to 100% financing)
  • Start-up financing (up to 100% financing)
  • Owner-occupied commercial real estate (amortization of up to 25 years)

Contact a First National 1870 office near you to find a Business Banker that can help move your practice’s ambitions toward reality.

Albuquerque, NM: 505.798.5808
El Paso, TX: 915.881.6787
Las Cruces, NM: 915.881.6787
Los Alamos, NM: 505.798.5808
Santa Fe, NM: 505.798.5808