2024 - This southern plastic surgery group had recently secured financing for a new construction project but sought to explore opportunities for better rates and terms. CMAC conducted a comprehensive analysis to highlight potential savings and completed an RFP process to secure competitive proposals from various lenders, including the incumbent bank.

As a result, Gulf Coast Plastic Surgery (GCPS) was presented with several advantageous options, despite the group having an existing swap agreement locked in through 2029. CMAC successfully negotiated a reduction in the loan spread, with one proposal offering savings of $460,0000. The group opted to maintain its trusted banking relationship while still achieving significant savings of approximately $235,000. CMAC’s work with GCPS demonstrates that it's always worthwhile to reevaluate your loan, even when it seems like there's no room for improvement.