Let’s face the facts – we all know that veterinary school can get quite expensive, especially if you didn’t have the opportunity to earn a scholarship. Student debt can rack up, and starting your own business can seem like an unreachable dream.
But, there is a way out. Certain loan repayment programs can help you get back on your feet; of course, under certain requirements. There is a wide variety of loan repayment programs for small businesses, and quite a number of them are focused exclusively on veterinarians across the US. Here, we’ll break down the different options.
Picture this: you’re a young veterinarian fresh out of college. Your student debt is concerning, and you’re considering whether or not opening a veterinary practice will push you further into debt. Or maybe you’re considering working in an already-established vet practice.
The good news: there are several loan repayment options that can help you manage your student loan debt while building your business.
If you are interested in any of these loans, we strongly advise you to check up-to-date information with relevant government bodies that are issuing these loans. Eligibility criteria vary, including the award amounts.
Starting a vet practice can be a challenging process, so seeking professional guidance is a necessary step. Once you are ready to start looking for that perfect practice, PS Broker’s licensed team of specialists can assist you during every step of the buying process.
In addition to general small business loans, there are others geared toward veterinarians/health professionals. We selected a few that may be of interest to you:
Are you thinking about starting your vet practice?
You’re in the right place.
The PS Broker team of advisors, certified valuation analysts, licensed real estate brokers, consultants, exit strategists, and tax/exchange specialists is here to give you advice and guidance.
PS Broker also has long-standing relationships with lenders who understand the true value of veterinary practices. They are ready to provide financing along with a range of options specific to the veterinary industry.
Find out more about our process with buyers and contact us today.
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