Family Eye Care Group
In 2011, Dr. Tom and Dr. Maggie Lisle joined an optometrist practice in North Vernon IN called Family Eye Care. Several years after joining that practice they opened 2 additional locations, one is Madison, IN and one in Vevay, IN. They have grown all 3 locations and wanted to buy out to buy out the original partner of their Family Eye Care Practice in Madison. Their current national bank was in no hurry to respond to their request to fund the buyout so one of their business partner introduced them to a Commercial Lender for American Founders Bank. “What I was impressed by was the enthusiasm to get to know my business. They were quick to come see me, and quick to get me an approval for the buy-out we wanted to execute,” says Dr. Tom Lisle, with smile. “AFB has been a great bank to work with.”
Lisle Family Eye Care is an optometrist office that treats patients of all ages from children to the geriatric with 3 locations to serve the Southern Indian area. The practice is spearheaded by the husband and wife team of Dr. Tom Lisle and Dr. Maggie Lisle. They employ 4 additional optometrists as well as 23 staff to serve these locations. In addition to comprehensive eye exams, glasses, contact lenses, they treat glaucoma, macular degeneration, and assist with diabetic eye care. The practice also partners with well know LASIK and surgeons’ in the area to provide comprehensive eye care.
With the buy-out of the founding partner, they could free up cash flow to hire additional staff and use a line of credit to update their first office. A lender from AFB, said, “The Lisle’s were great to work with, they made my job easier. They were very excited about the future with AFB’s quick loan decisions and additional conversations that developed into more loan potential and growth for their business.
Dr. Maggie Lisle called the entire loan process with AFB, “Seamless.” Both she and her husband have enjoyed working with Jon and AFB.
Watch the video to learn more!