
News|Articles|October 15, 2009
Helping clients pay in difficult times (part 3)
Analysis of veterinary market data shows that pet owners need payment options
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Logic dictates that more closely bonded pet owners spend more, and that's right. What's interesting in this table is that income hardly matters. A bonded cat owner with household income of less that $20,000 will spend more than a pet owner who sees his or her cat as property, even if he or she makes $85,000 a year or more.
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What lenders evaluate, which funding structures fit, and how much working capital to build in may help make the early years of practice ownership more manageable.

In a new national survey, most pet owners reported holding steady or increasing what they spend on their pets. Only 7% of consumers said they would trim pet health spending if money got tight.
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