| Woodbine, MD
When most Washington D.C. vets were opening practices in the suburbs,
Dr. Bruce Herwald chose Dupont Circle downtown, with a high-density,
very underserved population. Since that time, that area of the
city has boomed, and so has Dr. Herwald’s business. Today
he owns three veterinary practices in the heart of downtown
Washington, and a 17-acre kennel in the outlying countryside.
According to Dr. Herwald, "Financing our real estate purchases
with 504 loans improved cash flow by lowering the rent. Long term,
it helped us to strategically grow the business, because the real
estate has become a valuable asset. We’re financially much
more secure, thanks to the 504 loans from Business Finance Group."
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