Partnership Buy-In Financing

Planning on expanding your practice with a new partner? Let Heritage Bank NA help with buy-in financing! Your new partner can become a full partner right away. Working with Heritage Bank can simplify the entire process and provide liquidity to support your business growth.

Let Heritage Bank finance your new partner’s entire buy-in amount. Do what’s best for all parties. Complete the request form and Get Started Today!

Heritage Bank Partnership Buy-in Program is For:

• Medical Practices
• Dental Practices
• Veterinarian Practice
• Store or Hospital Pharmacist

Requirements and Specifications

• A business valuation
• Corporate guarantee requirement for any partner debt
• Documented Buy-Sell Agreement required depending on transaction type (funded by life insurance when appropriate)
• Life insurance requirement for partner debt in the amount of the loan with assignment to Heritage Bank NA
• Maximum loan term: 10 year
• Years in business: 3 Minimum

Partnership Buy-In and Buy-Out Financing

If a partner is retiring or being bought out or if you are adding a new partner, funds can be readily available to facilitate any pay-out. Your loan can also be guaranteed by your business.

Heritage Bank can finance up to 100 percent of a new partner buy-in without requiring any down payment or collateral from the new partner. We can also refinance any current partners in your practice who might still be making monthly or quarterly payments.

Let Heritage Bank help you develop a partnership agreement to ensure all aspects of the Partnership Buy-In are arranged appropriately and clear to all. Want to get started? Complete the Request Form Today.