Dr Ali Anaim ran a successful podiatry practice in North Philadelphia for many years, providing care to a community struggling with the increasing impact of diabetes and other serious medical conditions. With only three rooms, patients often had to wait for appointments despite the urgent need to be seen. So when the building next door became available, Dr. Anaim saw an immediate opportunity to expand his practice. The increased office space would provide the ability to hire more physicians and see more patients, more often.
Ali Albert Anaim, DPM, PC
The building was in serious disrepair, but the convenient next door location made it an obvious choice. Dr. Anaim secured most of the financing through traditional lenders but they were not willing to lend the full amount, citing low patient reimbursement as a cash flow concern. He would need a bridge loan to complete the project. His contacts at City Hall referred him to NPF, who believed that growing the practice would have a positive and lasting impact on the community. NPF helped Dr. Anaim navigate the necessary paperwork needed to prove his creditworthiness and was soon after approved for the bridge loan he needed. “NPF is willing to help the underdog, the small businesses that need the opportunity to grow in order to provide needed services to the community.”
“NPF is willing to help the underdog, the small businesses that need the opportunity to grow in order to provide needed services to the community.”
Dr. Anaim is proud of the growth of his practice, but his focus is on the patients. “Our wound care center sees many patients with advanced diabetes at risk of losing limbs. Because of the expansion, we are able to see high risk patients within 12 hours. That wasn’t possible before. This community needs us.”
We’ve created over 3,000 new jobs in Greater Philadelphia.
You can lend a helping hand, too.