Bakersfield Veterinary Hospital
Residents of Kern County have been bringing their pets to Bakersfield Veterinary Hospital since the doors first opened in 1923. The hospital’s relationship with the Bank started a decade ago, when a group of medical professionals sought to establish a relationship with a premier business bank that could understand their needs. “Citizens Business Bank has helped us develop into what we are today,” says Dr. Adam Landry, a partner at the hospital. With assistance from the Bank’s associates and services, Bakersfield Veterinary Hospital was able to grow from a small clinic into one of the largest veterinary groups in the region.
Bakersfield Veterinary Hospital had outgrown their smaller, separate practices, and were ready to move to a larger, centralized building that could handle an influx of new patients. With bank financing provided for the expansion, the partners reached their long-term goal of building and owning a veterinary hospital. “They’ve made this goal possible. Possible to purchase the land. Possible to make the business grow,” said Dr. Landry. An SBA 504 Loan and Equipment Term Loan were essential in laying the groundwork for the new hospital. The state-of-the-art 13,000 square-foot facility in Bakersfield is now home to modern surgical and exam rooms, luxury boarding suites, a complete laboratory, and a veterinary pharmacy.
In addition to providing financing throughout the 10-year relationship, the Bank also provided loans for individual professionals, like Dr. Landry, which allowed them to become partners in the practice.
Different generations of veterinarians have entered and left the firm since they first began the relationship, but the hospital continues to remain a loyal customer of the Bank. “There has always been that personal experience, a local feel,” said Dr. Landry, in reference to his own exchanges with the Bank.
Strategically combining their smaller practices into a full-service veterinary hospital has been a successful long-term move for the team. As a result, they’ve experienced a 35 percent increase in revenue over the last five years. The veterinarians have had such a satisfying relationship with the Bank that they’re eager to share the experience with other businesses in Kern County.