Regardless to if you own your dental practice and are looking to renovate or relocate, you want to consolidate debts, you are looking to purchase a new dental practice, or need funds to purchase new equipment there are many dental practice financing options available to you. With the right financing you will e able to grow your dental practice, offer the best services available to your patients and ensure your success as an entrepreneur.
Evaluate You Situation
Before running to a lender that offers medical financing, it is important to fully evaluate your situation and determine if a loan is the right option for your business. You must establish a course of action to achieve your goals for your dental practice. Then you must take the appropriate steps to obtain the best rates and terms for your dental practices loan needs.
Start The Lending Process
After getting in contact with a lender, determining your financing needs and gathering all required documents to obtain financing, it is time to submit an application. Within 48 hours you should have a decision and can begin the negotiation process to get the best rates and terms for your loan. Never be afraid to negotiate, lenders want your business and if they are not willing to give you what you need there is always another lending option. Once you have come to a loan agreement you should be cut a check for the loan amount, giving you the opportunity to take your medical practice to the next level.
Dental Practice Financing Options
- Dental Practice & Real Estate Acquisition
- Dental Practice & Construction Expansion
- Dental Refinancing & Debt Consolidation
- Dental Leasehold Expansion & Improvements
- Dental Practice Start-Up
- Dental Working Capital, Lines of Credit & Cash Advances
- Dental Equipment Financing & Leasing
Regardless of what type of financing you are looking for, there are lenders ready to help you. Get on the computer, turn to local lenders and determine who can offer you the best dental practice financing option. The financing you receive will help you to better serve your patients, improve your business and meet your business goals without the stress of coming up with the funds out of pocket which could easily set your business back when you are trying to move forward.
Chris Fuller went to the University of South Florida and has worked in the financial sector for over 20 years. He has extensive experience in all aspects of personal and small business lending, from personal loans, equipment finance to cash flow based solutions for small mom and pop businesses, and large corporations.