How Our Financing Has Helped Dentists Increase Their Annual Revenue

Last Updated on April 9, 2015

National Business Capital offers specialized physician loans for all medical professionals including dentists, pharmaceutical professionals, veterinarians, chiropractors, optometrists, home health care professionals, primary care physicians, specialists and more. Doctors use our financing options to expand their practice, upgrade or purchase medical equipment and software, or to obtain working capital when dealing with cash flow issues due to slow insurance payments.

Below is an example of how our dentist financing can help increase their annual revenue.  We will be going over the use of funds scenario, the loan breakdown, and the sales increase breakdown.

Dentist Financing

Loan Breakdown & Use of Funds Scenario

In this scenario, our dentist is approved for a loan amount of $100,000.  The term of the loan is 18 months.  Based upon national averages and industry advisors, $100,000 is a generous estimate regarding the cost to construct and equip a new operatory, which is what our dentist uses the funds for.

Dentist Loan

Sales Increase Breakdown

Now let’s take a closer look at the sales increase breakdown.  A new operatory will produce an extra $5,000 in daily sales.  This number is based upon industry standards as well as information provided by one of our dental advisors.

So we take the $5,000 in additional daily profit  and we minus 70% for overhead costs which is $3,5000.  This gives our dental client an additional $1,500 in daily profit.

Being conservative, we take the $1,500 in additional daily profit and multiply it be 4 work days per week to get a total of $6,000 in additional weekly profit.  Remember that our dental client took the loan out over an 18 month period which equates to 78 weeks.  So $6,000 in additional profit per week multiplied by 78 weeks equals $468,000 in additional profit by adding a new operatory.  The image below breaks down the whole scenario in 1 slide.  Click on the image to enlarge it.

Financing for Dentists

National Business Capital offers specialized dentist financing to medical professionals and practices no matter the size or credit history, nationwide.  Choosing National Business Capital as your provider means you will enjoy no upfront fees, 24-hour approval and funding within days!

You can download our report here for your financing options.  Click here to fill out our 2 minute online application.

National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.

Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.

We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!

About the Author, Megan Capobianco

Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advise from National Business Capital & Services and the author. Do no rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely in this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there maybe errors, omissions, or mistakes.