Veterinary Industry Growth Encourages More Financing Opportunities

LOS ANGELES - Dec. 12, 2018 - PRLog -- As the number of pet owners continues to increase, demand grows for financing for veterinary services

Los Angeles, CA (December 7, 2018)—Over the last five years, veterinary services in the United States have increased by nearly 5%and the number of veterinary businesses increased by 1.3%. In 2018, the industry generated a whopping $43 billion in revenue.

And the growth of this industry shows no signs of stopping any time soon. More people are buying pets than ever before. Millennials are embracing pet ownership at a higher rate than their parents: 75% of millennials are dog owners, compared to 50% of all adults. Data from the American Pet Products Association found that 68% of U.S. households have at least one pet. Increasing numbers of pet owners and advances in medical technology have prompted veterinary services to expand to meet a surging demand. And savvy business owners are taking advantage of the industry's growth to snatch up accessible funding.

Most entrepreneurs and small businesses require financing at some stage in order to launch or expand their operations. Cornerstone Capital Lending offers accessible funding for veterinary businesses in the form of USDA, conventional and SBA loan options in order to satisfy their clients' needs and business goals.

"We're thrilled to be able to provide the highest level of efficiency and support every step of the way as we help businesses identify the ideal funding for their unique needs," said Cornerstone Capital Lending CEO, Girish Bajaj. "Our reputation and success is built on our ability to achieve those goals for our clients."

Cornerstone Capital Lending offers a variety of options for financing veterinary services,including:

·         SBA 7(a) funding for veterinary businesses

·         SBA 504 funding for veterinary property

·         SBA 504 funding for veterinary technology and equipment

·         Conventional funding for veterinary businesses

Cornerstone Capital Lending is a nationally-recognized leader in commercial financing based in Los Angeles and has helped businesses across industries secure conventional financing and SBA loans:

·         Car wash loans

·         Auto repair financing

·         Gas station loans

·         SBA financing for daycare

·         Commercial building financing

·         SBA financing for industrial property

·         Warehouse financing

·         Self-storage financing

·         SBA financing for auto repair

About Cornerstone Capital Lending

Investors across the country turn to Cornerstone Capital Lending for funds they need to grow their businesses. Over 50 years of combined industry experience makes this team a first choice for commercial real estate projects and capital for ventures of all sizes. Cornerstone Capital Lending works directly with lenders and maintains mutual relationships with banks, hedge funds, life companies and private investors nationwide to provide a broad portfolio of financial products that meet the majority of capital requests. Learn more (https://www.csclending.com/) about Cornerstone Capital Lending and its specialty team (https://www.csclending.com/aboutus/).