Financing a Dental Practice Purchase
Financing a dental practice purchase looks different from a typical small business loan, and lenders who specialize in dental acquisitions understand that the value of a practice is tied to its patient base, provider goodwill, and recurring production, not just its physical assets.
1. Explore Your Financing Options
Most buyers finance a practice purchase through a combination of:
An SBA 7(a) loan
Conventional bank financing
A lender that specializes in healthcare and dental acquisitions
Down payments typically range from 0-15% depending on the lender, your credit profile, and the strength of the practice's financials.
2. Prepare Your Documentation
Before you approach a lender, have your documentation ready:
Personal financial statements
Credit history
If available, the target practice's financial records
A clear picture of the practice's collections and overhead makes it easier for a lender to move quickly.
3. Get Help Finding the Right Lender
If you're not sure where to start, reach out to us through the contact page. We can point you toward lenders experienced in dental practice transitions.