How much equity will I need to buy a veterinary practice?

Many times, a practice can be acquired with no, or very little, equity down. Experienced veterinary lenders are comfortable with the industry, and will stretch to minimize the equity needed upfront, recognizing this can be a barrier for a doctor just out of school. If there is a small equity requirement, often the selling doctor will take a seller note back for a small percentage (10%) of the purchase price to facilitate the sale. Don’t be deterred if you don’t have a lot of money to put into a good practice. Many veterinary lenders will view the investment you made in your education as the necessary down payment.