Business Loans for Dentists Should not be a Pain
As a dentist, you want to give your patients the best experience. Part of that is keeping your dental practice up to speed, including expanding it and upgrading supplies and equipment when necessary. Unfortunately, when the need to invest in your practice arises, you may not have the cash that’s needed to proceed.
Applying for a small business loan from a bank or other traditional lender is an exercise in futility. Usually, their requirements are too stringent and their processing times are so long that it’s more trouble than it’s worth. Chances are you’ll probably get denied, anyway. Luckily, there’s a great alternative: business loans for dentists from Sunwise Capital.
Dental Loans: If you go to the bank, forget about it
To get approved for a traditional small business loan, you have to put a lot on the line. Banks and other lenders require considerable collateral, and you must prove that you have enough assets. Sometimes, they even require personal guarantees, which is especially worrisome.
If your personal credit is less than perfect, you’re unlikely to be approved. Banks make it this difficult for one simple reason: They don’t like lending to small businesses. Fortunately, Sunwise Capital does, and we make the process as convenient and easy as can be.
The truth is most banks do not see Dentists as something special. We do! It used to be that loans for dentists was readily available. Any doctor could get a line of credit or working capital just with a simple phone call to their local bank. Unfortunately, from a bank’s perspective, being a medical professional and a doctor specifically, is considered the same as a paper hanger.
We treat Dentists different. Dental practice financing is special.
Easy Business Loans for Dentists
Applying for a dental practice loan with Sunwise Capital is a snap. Our one-page application can be completed and submitted online. The only other thing that we need is three months of your most recent business bank statements. Most dental practice loans are approved within 24 hours and funded the following business day. You don’t have to put up any collateral, make any traditional personal guarantees or otherwise put yourself or your dental practice on the line. You don’t even need to have great personal credit because we look at the health of your business.
Flexible Business Loan Options
Unlike many lenders, which try to force customers into taking on loans that aren’t quite right for them, Sunwise Capital offers an array of options to ensure that everyone’s needs are accounted for. Our loans are customized to suit the unique needs of your dental practice, so they are exceptionally flexible too. From business capital loans to bad credit loans to short-term loans to merchant cash advances, we have loan solutions for virtually any situation imaginable.
- Loans with terms ranging from one to five years
- Payments are Daily, Weekly or Monthly
- Rates starting as low as 5.49%
- $10,000 to $2M
Obtaining business loans for dentists doesn’t have to be cumbersome. Our proprietary loan process quickly assesses more than 800 individual and business data points to render a fast decision.
We also guarantee our loans. If you find one with the same terms and a better rate, we will beat the rate or give you $500.
There is no obligation when applying. Even if you are approved, you do not have to take the loan. There is no cost or obligation. Even if you change your mind! Don’t let money woes hold your practice back. Apply for a business loan from Sunwise Capital today.