Unlocking Smiles and Growth with SBA Loans
Lincoln Savings Bank = Your Trusted Partner in Dental Practice Financing.
Get The Small Business Financing You Need.
- #1 SBA 7(a) Lender in Iowa in 2022!
Achieve Your Dental Practice Goals with Lincoln Savings Bank.
At LSB, we are dedicated to helping those in the dental industry turn aspirations of starting a dental practice, acquiring an existing practice, or expanding current spaces into reality. With our dental practice loan options, we offer more than just financial support; we provide a comprehensive partnership to guide you through every step of the loan process.
An SBA 7(a) loan is a powerful financial tool that offers dental professionals like you the opportunity to access funds with flexible terms and lines of credit. With quick decision-making, typically within 10 days, you can expect fast action on your application, ensuring you receive the financing you need promptly.
- Variable interest rate loans tailored to your needs.
- Financial assistance of up to $5 million to support your dental practice's growth and success.
- Funding available to cover essential start-up costs, providing a solid foundation for your new practice.
- Existing businesses can leverage SBA 7(a) loans to finance the purchase of land or buildings, equipment, machinery, and inventory.
- Whether you're planning new construction, expanding your existing facilities, or converting spaces, SBA 7(a) loans offer the flexibility you require.
- Access working capital lines of credit to manage day-to-day operations smoothly.
- Enjoy repayment terms of up to 10 years for equipment, inventory, and working capital, and up to 25 years for real estate loans, enabling you to focus on long-term growth.
The versatility of SBA 7(a) loan funds allows you to meet a wide range of financing needs for your dental practice:
- Secure long and short-term working capital to cover operational expenses and seize growth opportunities.
- Access revolving funds based on the value of your existing inventory and receivables, ensuring a steady cash flow.
- Purchase essential equipment, machinery, furniture, fixtures, supplies, or materials, enabling you to deliver top-notch dental services.
- Invest in real estate, including land and buildings, whether it's establishing a new practice or expanding your existing one.
- Embark on new construction projects or renovate your current facilities to create a dental practice that exceeds patient expectations.
- Utilize SBA 7(a) loans to establish a new dental business or facilitate the acquisition, operation, or expansion of an existing one.
- Benefit from the opportunity to refinance existing business debt under certain conditions, optimizing your financial situation.
Take the next step towards unleashing your dental practice's potential and explore how our SBA 7(a) loans can propel your practice forward. Let LSB be your trusted partner in achieving your financing goals and driving the success of your dental practice.