Dental Practice Financing
Finance for Dental Practices
Dental practices often make large expenditures to improve or acquire new equipment. A single dentist's chair can cost over $20,000, which may be more than you are willing to take out of your practice's cash flow or personal assets.
Financing in the form of a loan has serious disadvantages that can make it a less than ideal choice, especially when taking advantage of time sensitive opportunities. Banks offering loans will require business plans and collateral to back the funding they grant. Traditional lenders also deny applications based on what they perceive to be "high risk loan" industries or because of bad credit. Evaluating all these factors takes time, so you could wind up waiting over a month for the direct capital infusion you require to grow. Dental practice financing through a merchant cash advance is a cash flow optimized alternative to small business loans. When we give an advance, we essentially purchase a percentage of your future sales, allowing us to offer our services even if you have bad credit and with no personal guarantees of collateral required. Provided you've been operating your practice for at least 2-3 months and have gross monthly revenues of $15,000 or higher, you are 95% likely to qualify for dental practice financing.By simply completing the form on the right of this page, one of our seasoned representatives will get in touch with you shortly to see you through the simple steps it takes to have liquid cash available in your bank account in as little as 48 hours.
The pros of financing your dental practice with a merchant cash advance.
In the spirit of keeping things simple, we have shown what makes a merchant cash advance an ideal substitute for business loans by demonstrating where Horizon Business Funding's programs and the needs of practice owners meet.
What You Have:
- Bad credit, existing loans, a high risk business loan designation or any issue banks use to disqualify dental financing applicants.
- A practice you have been operating for at least 2-3 months. No startups.
- Monthly gross revenues of $15,000 or higher.
- Interest in dental practice financing toimprove or expand your business.
What We Need:
- You to fill out the form on the right of this page.
- The completion of some easy steps that a representative will help you do over the phone.
- You can live chat with a representative to the right as well.
What You Don't Need:
- Funding that takes ages for your office to get, while opportunity passes you by.
- Demands for collateral which you could lose.
- Restrictions on how you can use the money you apply for.
Does this sound like your dental practice? Then our merchant cash advance programs could be just what you're looking for.
Apply now by filling out the form on the right of this page.
How Medical Practice Financing Works.
Funding your practice with a merchant cash advance grants quick access to liquid cash that you may use without restrictions to improve or acquire equipment.
Are you looking to expand the capabilities of your office, but are unable or unwilling to take from current cash flows or wait for lengthy loan approval processes? When you apply with Horizon Business Funding, you will be given a dedicated representative who will work with our underwriting department to ensure that you are given the cash advance that makes the most sense for your individual needs.Liquid cash amounts range from $1,000 to $1,000,000.
Once your first advance is 70% repaid, you will be given the option to refinance for up to 200% of the amount originally loaned.
This arrangement allows Horizon Business Funding to serve as a long-term source of funds, fueling the growth of your practice each step of the way. Repayment is taken as a small percentage of your daily revenues, so that payment is always synced to your cash flows.
For dental financing with a unique blend of personalization, speed and reliability, Horizon Business Funding's merchant cash advance programs are the ideal choice. Why continue looking for dental business funding from loan programs when you could have the financial assistance your practice requires in order to thrive in as little as 48 hours?
Simply fill out the form on the right of this page to get started creating a personalized relationship today.