Loans for Dental Practices

Secure dental practice business loans with flexible terms, including unsecured and cash flow lending. Learn how to get a business loan for your dental practice.

Learn how you can start your practice, expand your business, or purchase new equipment for your dental practice with a business loan. Check Eligibility 5.99% Low rates on secured financing

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Here’s a rundown of what you’ll need to know to secure a small business loan to buy or start a dental practice. How To Get A Business Loan For A Dental Practice Getting financing for a dental practice will involve an application process like any other loan. You’ll want to have your financing in order, and understand your needs before starting the loan application process.

There are several factors that we will consider when lending money for a dental practice. Working Capital Credit Score 500 FICO Time in Business 6 MO Revenue $10K MO $120K YR Citizenship Status Legal Residency Ownership Any Owner Equipment Financing Credit Score 600+ FICO Time in Business 2 YRS Revenue None! Citizenship Status Legal Residency Ownership 51% Apply Now Like many careers that require an advanced degree, dentists often graduate from dental school with student loans. Your debt to expected income ratio is one big factor you’ll want to take into account when considering a dental practice loan.

You’ll also want to take into account the dental insurance providers you work with and how long it takes those companies to pay. Waiting on insurance payouts can have a big impact on the cash flow of your practice.

How large is your practice? What do your expenses look like against the number of patients you expect to treat on a regular basis? You may need a larger or smaller loan depending on your goals for your practice.

You’ll need to know how you plan to start your practice. Will you buy a practice from a dentist who is moving on or retiring? Or will you start your business from scratch? Both options have pluses and minuses.

What Are the Loans Available For Dentists & Dental Professionals?

Dentists and other medical professionals can get a number of kinds of loans. You might need upfront capital to finance the purchase or opening of a new practice.

You might need an equipment loan to purchase pricey x-ray or computer systems. Or you may simply need a line of credit to cover your expenses while you wait on lagging insurance payments.

Whatever you funding needs, we have flexible options for dentists. Dental practices typically have lower default rates than other small businesses and are often considered a good risk for bankers. Short-Term Loans These loans are ideal for rapid growth and short-term cash flow needs for expansion.

Business Line of Credit

If you find recurring cash flow problems due to delay in payment or other seasonal funding issues, a line of credit can be helpful.

If you want to acquire new vehicles, machines, and other equipment for your company, this form of financing works well.

Small Business Administration Loans

If you’re not in a hurry for financing and you’re looking for a longer repayment term, an SBA Loan can work for you.

Owner-operators who need fuel and toll expenses covered can use business credit cards. You’ll need a credit score of 680 or more to qualify.

How to find the best loans for your needs

Finding the best loan for your dental practice is similar to any other kind of loan evaluation process. You’ll want a loan with a low rate and repayment terms you’re comfortable with — but not so long that the interest starts to get expensive.

What You Need

Preparing your dental practice loan application will require you to share some information with us. The list typically includes:

We will consider a combination of the above factors when determining how much money it can lend, at what rate, and for what term.

Why partner with Cardiff for your Dental Practice Loan

Partnering with Cardiff for you dental practice loan is different than partnering with other lenders, either online or through a brick and mortar bank, because Cardiff is different.

Their sole business is lending, so they know that business best. And they’re committed to using their 15 years of experience in the business, along with leveraging technology, to truly partner with small businesses so that they grow along with your business.

Starting or growing your business with Cardiff means working with a smart, solution-focused lender that will consider your unique needs and create a financing package that works for you. Apply Now Cardiff Here are some reasons why our customers love us as much as we love them!

Alfredo Castaneda

4 reviews

It's been a pleasure working with Bank of Cardiff. Very professional and knowledgeable customer service. We are blessed to have found them, when other banks denied us loans. Thank you and we hope to keep working together for a better future.

Katherine Sheldon

4 reviews

Cardiff was able to provide me funding where other banks were not. My credit score, which I find to be a challenge when finding a loan for my business. Their representatives were great. They offered me some financial advice in order to get future funding at even better terms which I found very helpful as well.The loan process was very easy and you get funded in less than 48 hours. I will certainly use them again in the future.

tolani turnage

3 reviews

Recently got our semi trucks financed through Bank of Cardiff. Never thought we would get the loans approved at one point, but to my surprise we got approved . Not only did we get approved , we got very good interest rates considering this was our very first time financing an equipment. It was an awesome experience working with Ally Diaz, she was very polite and helpful. Great customer service, communication was excellent all through the process. She took her time in answering all my questions and directed me to the right person as needed within their organization. I will definitely recommend Bank of Cardiff to other business associates and family!!!

Angela Brason

8 reviews

Roxy Rodriguez

2 reviews

If you need cash just call Saul and Chris they are both amazing people. I never thought I would even get near a loan but they made it happen. The process was easy an fast!! I would recommend them 1000x.

junior frett

1 review

Had a great experience with Bank of Cardiff. If you need quick and easy finance call them, and specifically ask for Jesse Moore or Sal they know all the different programs Cardiff offers and better fit your needs. Quick, easy, straight to the point and no bull. Jesse and Sal will try their best to get you exactly what u need. Definitely will keep using Bank of Cardif . Thanks

Rafael GONZALEZ

1 review

Blades of Green

1 review

It's always a pleasure to work with John at Bank of Cardiff! We have received nothing less than prompt, attentive, friendly service. Bank of Cardiff gave us comfort and hope during a difficult situation, and we would recommend John Mena to anyone and everyone we know!

Marsha Reaves

1 review

This is my second time working with Cardiff Bank and I enjoy it. This time around Christian worked with me on getting a bigger loan. I would recommend Cardiff Bank to anyone trying to get a loan. I forgot to mention that they work with your credit score to get you the best interest rate.

Christel Aime

2 reviews

John and Mitch were very great, responsive and stayed in touch with me the whole process. this is my third transaction with bank of Cardiff , I would recommend them any time

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