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The PSIvet Heathcare Initiative

The PSIvet Healthcare Initiative is a practice-strengthening initiative that offers affordable, configurable employee benefit solutions developed specifically for the independent veterinary community.

CreditBench

Overview

CreditBench powered by First Home Bank provides small business loans from $100,000 to $5,000,000 to veterinary practice owners building a new hospital or expanding their existing hospital to accommodate current and future client growth. CreditBench offers 100% financing on qualified loans or down payments as low as 5% as an alternative which allows the practice owner to preserve capital for their practice. The CreditBench team can also assist practice owners with practice acquisition loans, commercial real estate purchases and seller note refinancing to improve practice cash flow.

In 2014 CreditBench was founded as a nationwide lender headquartered in St. Petersburg, Florida with the goal of assisting small business owners, specifically veterinary practice owners, obtain the funding necessary to grow. In 2018 CreditBench formed a partnership with PSIvet as the preferred lender for their members in need of capital to expand their facility and grow their practice. As a result of this partnership CreditBench currently ranks as the 6th largest lender in the nation under the Small Business Administration loan program (SBA) among nearly 1,500 active SBA lending institutions.

As a veterinary lender assisting practice owners nationwide CreditBench has become well known for their expertise in veterinary lending and the nuances of the SBA loan program. This expertise has afforded the CreditBench team the opportunity to present practice finance seminars to current students and alumni at several veterinary medical colleges nationwide including Auburn University College of Veterinary Medicine, Tuskegee University College of Veterinary Medicine, Cummings School of Veterinary Medicine at Tufts University, and Mississippi State University College of Veterinary Medicine.

The CreditBench team is a long-term partner for your veterinary practice loan needs to acquire commercial real estate, build a new hospital, renovate your existing hospital or acquire a neighboring practice.

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