Dental Practice FinancingOperating a dental practice requires a steady stream of capital. From facilities and maintenance to equipment and personnel, there are myriad expenses involved in professional dentistry. If you own a dental practice and require immediate working capital, traditional loans from banks or other lenders may take too long. Additionally, if you have bad credit or other outstanding loans, you may not be able to qualify for a bank loan at all.
Horizon Business Funding specializes in alternative financing solutions for dental professionals who are unable to obtain funding from traditional sources. We provide fast approval and funding in as little as 24 hours, so you can access the capital you need right away. Additionally, we gladly accept applicants whose loan applications have been rejected due to bad credit.
How Dental Financing WorksDental practice financing from Horizon Business Funding is based on your gross monthly revenue. When you are approved for dental practice financing, you can receive a working capital advance in as little as 24 hours. After you receive your advance, a small fixed percentage is deducted from your daily bank deposits. Because your payments are proportionate to your earnings, your payments will never place undue strain on your cash flow when business is slow. Additionally, there is no fixed repayment term – we simply continue to collect a daily percentage until the full amount is paid back.
- No collateral or liens on your property.
- Receive funds within 24 hours.
- No credit card processing required.
- No application fee.
- Bad credit is not an issue.
- Bankruptcy and foreclosure OK.
- Advances do not appear on your credit report.
- No restrictions on use of funds.
Apply and QualifyUnlike banks and other lenders, we do not require extensive documentation to determine your eligibility for dental practice financing. You do not need to submit tax returns or business plans to apply. You can qualify for dental practce financing by simply completing the form on this page. For faster approval, you can download our complete application and fax it to 866-240-5505 If you have operated your dental practice for at least 3 months and can provide proof of revenue totaling at least $10,000 per month, you will likely be approved. We approve 95% of all financing applications we receive.
If you are approved, your dedicated financial consultant will work with our underwriters to determine how much capital you qualify for. You will need to provide us with the following information:
- 3 months of bank statements
- 3 months of credit card processing statements (if available)
Even if your practice does not process credit cards, you are still eligible to qualify for dental practice financing, so don't hesitate to apply!
CALL TODAY AT 888-487-5509