Title: Dental Practice Financing: Expert Guidance for Success
1Dental Practice Financing Expert Guidance for
Success
Explore the best financing options for buying a
dental practice, from business loans to tailored
solutions for dental clinics. Learn the benefits
of acquiring an existing practice and get
step-by-step guidance on the loan application
process for dental offices. If you are looking to
expand, this guide simplifies the journey.
2Advantages Of Buying A Existing Dental Practice
- Established patients
- Existing staff
- Cash flow
- Growth potential
3How Much Does It Cost To Buying a Dentists Office
The American Dental Association
(ADA) estimates that the average dental practice
requires a 500,000 investment. Thats more than
the cost of buying a general medicine practice,
due in large part to the amount of specialized
equipment required in general dentistry offices.
4Factors Influencing The Cost Of A Dental Practice
- Location
- Time in business
- Growth potential
- Equipment
- Dental practice financing rates
5How To Finance A Dental Practice Purchase
There are several ways to finance the purchase of
a dental practice. Some business owners choose to
bootstrap their practice or get financing from
friends and family. However, this comes with a
great deal of risk, so most consider a
small business loan for all or a portion of the
purchase.
6Types Of Loans For Dental Practice
- SBA loan
- Term loan
- Short term financing
7Bottom Line
Buying a dental practice is an exciting venture.
While using personal funds is a great option for
those who can afford it, most new business owners
will require a loan to purchase a dentists
office.
By Nick Perry
8Why Choose Biz2Credit?
- Trusted partner for franchise funding
- Biz2Credit was founded in 2007 and has provided
more than 10 billion in loans. - Dedicated support team
- Tailored financing solutions
Source Biz2Credit
9THANK YOU