Doctor Line of Credit
Focus on your patients, not your balance sheet. A line of credit can offer solutions to manage your personal finances. Have the freedom to cover expenses, like a wedding, or finance large purchases, like a home renovation. You can use funds from this unsecured line for any purpose.
A Revolving Personal Line of Credit Exclusively for Doctors
- One year term; Ameris Bank may renew or extend the credit line, subject to standard underwriting guidelines.
- Minimum line amount of $10,000
- Maximum line amount of $150,000 (not to exceed 20% of your gross annual income)
- Interest only minimum payment due monthly (Balloon payment is due at maturity unless the loan is renewed).
- Principal can be repaid at any time
- Line can be tied to an Ameris Bank checking account with auto-debit of payment established
- No origination fee1
Eligibility: Ameris Bank’s Doctor Line of Credit is available to licensed doctors and dentists.
1Loans executed in Florida may be subject to Documentary Stamp Tax.
Loans subject to normal credit approval criteria.
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