Physicians want bankers to be able to assess their potential. And if the physician needs to put together some financial projections, an experienced banker can often guide them to an accountant who can help, explains Barbour. There is a lot of guess work that goes into that. We realize that and the bank realizes that. Townsend thinks there is a market for banks that cater to the medical profession.
Most banks try to defer the credit and try to get the individuals on the hook.
If a bank understands the business, then they can take some of the risk off the individual. The recent demise of Cardinal Healthcare, a large local medical practice management company, likely will mean more Triangle doctors setting up independent practices. The model was a little ahead of its time. Earliest info on new businesses, homeowners Sales Prospecting Center Real info, real opportunities. Fill an opening, find a job Internet Directory Local businesses on the web Merchant Services Hundreds of business legal tools Office Products Special deals on equipment, supplies.