2025 - Although this Midwest dental practice already had a construction loan with its bank and a nearly completed building, the operations needed more time – and cash flow – for the surgery center to become fully operational. The group engaged CMAC to vet the market and uncover more competitive rates and terms. Resulting in an attractive offer from a competing bank, this group was ready to close – until the lender unexpectedly reneged on a key guarantor term during approval.

CMAC quickly pivoted back to the incumbent lender, leveraging market competition to secure an even better outcome. This resulted in an interest-only period extended by 12 months, an increased loan amount covering both the primary real estate facility and equipment loan, and improved pricing by nearly 100 basis points. The construction loan was extended with a clear path to permanent financing once certain conditions are met – proof that the right strategy can turn a setback into a stronger deal.