Dental practice financing is the best option for dentist who want to renovate their clinc or office or establish an entirely new dental office. This is particulary true if their financial prowess is limited and they have other financial obnligations to meet. Contrary to popular belief that dentist are virtually rollin in cash, most dentist have to deal with the financial woes brought about by unpaid studen loans, as well as other expenses associated with their dental practice.
It is a well-known fact that dentists have to purchase necessary equipment, such as a dental chair, in order for them to practice their profession. However, it is also a well-known fact that such equipment, along with other dental tools, cost several thousands of dollars - something tha new dentists may not have. Well, it certainly would not be a problem if you have some teasure chest stashed somewhere. For most dentists, they would have to seek some external fuding source.
While it is rue that some banks may be able to accommodagte some of the dentists' funding needs, these commercial banks sometimes hae a complicated loan application process, as well as low approval rates. This is why at 3 Rivers Leasing we have a very high sucess rate for our dentist clients.
Why dental practice financing is a better option
Aside from having a less-complicated application process, the waiting period involved in reviewing the loan application for this type of financing is relatively shorter than most banks. Other benefits that dental practice financing offers include:
- Offers five to fifteen-year terms
- The rate is fixed and is lower compared to regular loans
- Offers 100% financing
- We offer a complete funding program solution that includes, equipment leasing and financing solutions.
- We also offer flexible repayment solutions
What are the different types of dent practice financing packages?
There are many types of dent practice financing loan packages that are being offered by either, Graco Mortgage or 3 Rivers Leasing.
We offer the following financing programs:
- Working capital loans
- Revolving lines of credit
- Equipment leasing and purchase financing
- Office furniture and fixture loans
- Office renovation loans
- Refinancing loan programs
- Real Estate and Construction financing
If you are a dentist who is currently looking for an external funding source, contact us now so we can help you achieve your goal.
