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3) (7 points) A privately-held medical provider has requested financing for the purchase of equipment with a cost of $4,000,000 related to an expansion to its current facility. The equipment is expected to have a useful life of 15 years. The company is owned equally by four physicians. Provide specific comments on the following loan structure components for this request. Loan amount (actual $, based on your chosen advance rate) Loan interest rate (fixed or variable)? Loan maturity (term) Amortization (months or years) Payment structure (payment frequency) Personal guarantees List one covenant you might suggest for this loan request 3) (7 points) A privately-held medical provider has requested financing for the purchase of equipment with a cost of $4,000,000 related to an expansion to its current facility. The equipment is expected to have a useful life of 15 years. The company is owned equally by four physicians. Provide specific comments on the following loan structure components for this request. Loan amount (actual $, based on your chosen advance rate) Loan interest rate (fixed or variable)? Loan maturity (term) Amortization (months or years) Payment structure (payment frequency) Personal guarantees List one covenant you might suggest for this loan request

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