Attention: You are about to access Frugal Crest Bank secure page.

Professional Practice Group

Professional Practice Group

Professional Practice Group

Professional Practice Group

Professional Practice Group

The Frugal Crest Bank Professional Practice Group (WPPG) focuses on lending to dental, optometry, veterinary, physician, and specialty medical practices. The group offers up to 100 percent financing for practice acquisition, buy-in, expansion, or the refinance of existing debt. 

WPPG’s dedicated team of experienced bankers, underwriters, and servicers have a wide range of expertise and can offer clients an array of banking solutions. The group has a strong focus on relationship banking and takes pride in local decisions made by local leadership.

Lending Options for Your Practice

WPPG specializes in creative and competitive financing options for practice acquisition or expansion, equipment, technology upgrades and working capital. Both fixed and floating interest rate options are offered with loan terms up to ten years. WPPG can provide flexible payments to support established groups, start-ups, or satellite locations. WPPG also offers a streamlined approval process with four to five-business-day turnaround.

HOW TO GET STARTED

In order to review your file to issue the Letter of Interest, we will need:

  1. A completed credit application 
  2. Last two years' personal tax returns 
  3. CV or resume 

For the practice being acquired and/or financed, we will need:

  1. Copy of last three years' business tax returns
  2. Current year-to-date P&L statement on the practice
  3. Practice profile information

TREASURY MANAGEMENT

Maximize your business strategy

WEALTH MANAGEMENT

Seeing the bigger picture

MORTGAGES

The front door opens possibilities