Small Business Loan Options For Dentists & Dental Surgeons
Customer satisfaction has improved dramatically for dentists, who should be very proud considering the increasing challenges they face to maintain that level of satisfaction. The biggest headache for dentists has been and continues to be insurance payments. Carriers often take several weeks or even months to pay dentists for their services, which is a surefire recipe for cash flow problems.
Patients don’t tend to be as punctual with payments as well, but they are now footing more of the bill following a spike in high deductible plans.
Waiting too long for receivables to come in whittles away at profits and makes it more difficult to cover recurring and growth-related expenses. Many expenses, like up-to-date equipment and inventory, are too important to be postponed. More and more dentists are promoting the use of advanced technology that makes most procedures virtually painless. Speaking of promotions, dentists must now ramp up their marketing to let potential patients know that having poor or no insurance doesn’t mean they can’t afford regular cleanings.
Industry outsiders are also likely unaware that like any other business, dental practices are subjected to seasonality. Their busy season is so chaotic that it requires additional resources. This wouldn’t be an issue were it not for the aforementioned delinquent payments and the lack of a steady stream of revenue to maintain day-to-day operations. And the busy season comes right after the slow season, when there is little cash available to prepare for the massive surge in appointments.
At SB Funding, we like to put a smile on our clients’ faces as well by offering the very best Small Business Loans for Dentists & Dental Surgeons. Contact us today for your FREE business funding consultation!
All Services
- Accountants & Auditors
- Auto Repairs & Sales
- Aviation Flight Schools
- Beauty Salons & Spas
- Child Care & Day Care
- Construction or Contracting
- Cosmetics Stores
- Dentists & Dental Surgeons
- Doctors/Medical Practices
- E-Commerce or Internet Sales
- Equipment & Furniture Wholesalers
- Franchises
- Gas Station with Convenience Stores
- Gymnasiums & Fitness Centers
- Healthcare & Seniors Center
- Hotels & Lodging
- Insurance Agencies
- Jewelry Stores
- Landscaping Services
- Laundromats
- Limousines & Rental Cars
- Liquor Stores
- Marijuana Dispensaries
- Maritime Shipping Services
- Metal Manufacturing
- Pharmacies
- Private Education
- Real Estate
- Restaurants & Bars
- Retail Stores
- Veterinarians & Animal Hospitals
- Wholesalers
Need Help?
-
Office : 718 464 2000
Cell : 718-810-3626
Fax : 718-749-3678
-
Email: Info@sbfundings.com
-
218-75 Hempstead ave. Queens Village, NY 11429