Professional Finance: Finance for Dentists
It doesn’t matter if you’re starting up a new business or are trying to keep an established practice afloat, there are many expenses that can creep up when you run a dentistry business, and sometimes a bit of extra money can be really useful. We provide finance for dentists for all practices.
For example, you might need to invest in new office equipment, or a piece of dental machinery – such as the drill, a patient chair or your x-ray equipment – might need to be updated or replaced. Unexpected problems with your gear might mean that money is needed to carry out repairs, or you might want to refurbish your office to ensure that it has an inviting and relaxing atmosphere.
Alternatively, money could be needed to keep up with your tax liabilities or insurance payments. Or perhaps you’re having a temporary problem with your cash flow because client invoices aren’t being paid on time.
Whatever your situation, a dentist loan could be the perfect solution, and here at Professions Practice Finance, we make it easy for you to get the funds you need.
With our service, you can get a customised loan that suits your requirements – whether you need a thousand pounds or a million – and we offer flexible repayment plans. What’s more, we offer quick approval times of 24-48 hours, meaning the money could be in your bank account as soon as possible.
A variety of financing options
There is a huge range of choices when it comes to professional finance, and if you’re looking for a dentist loan, the right choice will depend on how much money you need, how you plan to spend it and how long it will take you to pay the money back.
One popular option is an unsecured practice loan. These are designed to increase the amount of working capital you have for your business, and are ideal for office refurbishments, purchasing new equipment, carrying out recruitment activities or a partnership buy-in. Since you do not have to secure these loans against your personal assets or the business, they are often seen as a safer option than other types of loans.
With an unsecured loan, you can enjoy various repayment options for a duration of between one and five years. All payments are fixed, so you can budget accordingly, and well in advance. Plus, you can apply for the specific amount of money you need.
Other options include tax funding – including Value Added Tax (VAT) – as well as professional indemnity insurance funding, equipment finance, sale and leaseback and factoring and invoice discounting. One of our specialists can help you decide which dentist loan or financing solution is best for your firm.
Get practice funding from Professions Practice Finance
Here at Professions Practice Finance, we have more than a decade of experience in helping professionals – ranging from dentists and veterinarians to accountants and solicitors – get the money they need for their businesses. Our funding partners include banks and other reputable financial companies, and it is our strong relationship with these businesses that enables us to create bespoke loans for our clients.
To find out more about our dentist loans, get in touch on 0800 0199 346. One of our friendly advisors will be happy to listen to your situation and advise on the best type of financing for your requirements. Alternatively, you can apply online to get the loan process started right away.
“Professions Practice Finance has been instrumental in sourcing the best finance packages for practice improvements over the last couple of years. I would unreservedly recommend them to anyone looking for finance who wishes to deal with a professional company.”