Dental practices have a unique set of needs when it comes to banking. Don’t settle for just any financial partner. Put your business in the very best hands by seeking out an experienced advisor who understands the ins and outs of the dental industry.
Unique Stages
A dental practice passes through many stages over its lifetime.
Early on, when you’re first starting your own dental practice, you’ll need financing. But there’s more to it than just seeking out a loan. Financing for dental practices necessitates a bit more flexibility and more specific allocations for funding than a typical small business. Find a lender who understands the industry well, so he or she can set you up for success.
A more established dental practice often seeks to expand or purchase new equipment to stay competitive in the industry. These business changes require different funding. Seek out a lender than can provide quicker amortization for equipment purchases and who can provide an unsecured loan.
As you near retirement you may be looking to transfer ownership of your practice into the hands of another. Look for a financial specialist who can assist you, who has a wealth of knowledge about the process.
Full Spectrum Offerings
Look for a well-rounded bank that can provide more essential services for your specific business type.
- Quick Approvals
- Loan decisions are made locally to provide the quick turn-around you need to thrive
- Beneficial Loan Terms
- Terms designed for dental practice owners with low down payments and more flexible terms to help you keep up with the pace of your business
- Services That Fit You
- From practice refinancing, acquisitions, and mergers to partnership buy-ins and buy-outs
- Treasury Management
- Improving the flow of payables, receivables and your daily cash flow so you can focus on growing your business
At American National Bank, our experienced financial advisors know the dental industry well and can walk with you each step of the way. We will go the extra mile to serve you with banking that fits your needs. Please reach out when you’re ready to take the next step. We’ll fuel your opportunity.
