How to apply for dental practice financing?
Applying for dental practice funding is simple with Business Advance Lenders. Simply access our online loan application and submit your basic business details or call us for help with the application process. Meet our few funding requirements and get funds transferred directly into your account in one business day. However, qualifying for our small dental practice loans for dentists, requires minimum six months in business and at least $5,000 in monthly sales.
For what can dentists use dental practice loans and financing?
Dental equipment financing - Dental office needs various dental tools or instruments for greater facility. With dental practice equipment financing you can buy new or advanced equipment such as x-ray machines, dental scalers, hand pieces, dental mirrors, air compressors and other lab equipment for less during dental equipment sale.
Fund dental office renovation costs - If you want to add some facility or change the look and feel of your clinic, then our loans for dental office can give you an easy access to the needed fast cash. Practice financing can also be used to buy dental furniture. We suggest you to buy dental chairs, stools, dental cabinet. etc. that are on sale and avail big discounts.
Hire additional employees - If your dental practice is growing strong and you need extra staff or lab technicians to support the growth, dental practice funding loans can cover the hiring costs.
Expansion and relocation - Expanding or relocating a dental office means additional funding requirement for new expenses such as new clinic rent, utilities, dental supplies, general office supplies, advertising, IT equipment & support, new employee wages, advertising, income tax, business license, etc. But you need not worry; dental practice loans can help you manage such expansion and relocation costs.
Dental practice marketing - When you are moving to a new location or opening a satellite dental practice, then advertising and marketing plays a major role to let people know about your presence. Besides, introducing new dental treatments or procedures and other value added facilities need a good promotion strategy to attract more patients. This approach may involve short term financing for new website, billboards, TV commercials, paid advertising, SEO, etc. Thus, alternative financing for dental practice can help you cover the costs of clinic or service promotion with convenience.
Funding inventory purchase - Dental supplies or dental products are typically expensive and buying them at a retail price is not a wise idea. It is advisable to purchase either from wholesale dental suppliers or from wholesale dental supply companies that offer discount. But if your current cash flow cannot accommodate bulk buying or availing rebate, then dental practice financing is the best option for buying dental business inventory.
Working capital needs - Other than key business needs, dental practice involves regular overhead expenses for rent, medicines, electricity, water/sewer, telephone, internet for smoother operations. If your dental clinic doesn't have the required working capital to meet such business costs, then external business funding in the form of dental practice loans online can help.
Dental practice loans for every step of business growth
Keep moving your dental practice forward, knowing instant dental practice loans from Business Advance Lenders are just a click away. Renovate, relocate, upgrade, expand your dental office or buy dental equipment and supplies to avail discounts, with confidence. Apply for dental practice financing without worrying about your bad credit. Contact us to borrow quick money to improve your dental practice right now.