Dental Practice Business Loans and Financing

Faster, easier small business financing with one simple application—no bank needed.

Applying is free and won’t impact your credit.

Reviews from dental business owners.

Lendio knows dental practices.

Whether you’re looking to expand your practice or purchase upgraded dental technology, we’re here to help. We offer a variety of business loans that can help you take your dental practice to the next level. By investing in your business, you can ensure yours is the go-to practice of choice for families and individuals in your area.

Loans for dentists can be used for a variety of purchases and investments. Whether hiring additional staff, remodeling your office, or opening an entirely new practice, there are dental office loans to help you with your next stage of business.

Like the rest of the healthcare industry, dentists have to stay in lockstep with emerging technologies, if they want to stay competitive with their peers. Whatever your need, we at Lendio have the financial solution.

Why Lendio?

Fast and easy application

Apply in just 15 minutes and get fully funded as quickly as 24 hours after getting a loan offer. No more waiting weeks to get a decision after spending hours on your application!

Dedicated professional guidance

Borrowers get personalized support throughout the funding process by working one-on-one with a funding manager. The funding manager can help you with your application and help you choose the best loan product for your needs.

Large network of lenders

Compare loan offers from our network of 75+ lenders. You don’t have to rate shop when the best lenders are already in one place.

How our loan matching process works.

STEP
1

Fill out our simple application.

Answer just a few questions about your business to see which lending products you qualify for. We’ve partnered with over 75 lenders, allowing us to find the best option or your business.

STEP
2

We’ll connect you with a funding specialist.

One of our funding specialists will reach out to you to get to know your business better. Since every business is unique, we want to make sure we find the loan type that’s perfect for your needs.

STEP
3

Compare loan offers.

Compare different offers curated for your business. Select the capital amount and rate that will help take your business to the next level.

STEP
4

Get funded.

We work with lenders that can fund you fast. Once you’re approved, you’ll be able to access your capital in as little as 24 hours.

Types of business loans for dental businesses.

Revenue-based financing

Also called a business cash advance, revenue-based financing allows business owners to borrow a lump sum based on expected future revenue and pay it back along with a fee in daily or weekly payments.

TERM LENGTH

1-15 months
MAX LOAN AMOUNT

$1 million

Debt financing

Debt financing is more akin to a standard loan product, as borrowers receive the full loan amount in one lump sum and then pay off the loan via regular monthly payments. Borrowers have two options with debt financing: term loans and SBA loans.

TERM LENGTH

6 months-25 years
MAX LOAN AMOUNT

$5 million

Line of credit

A business line of credit is similar to a credit card, but it comes with higher borrowing limits and lower interest rates. This makes them well-suited for general capital needs.

TERM LENGTH

6-24 months
MAX LOAN AMOUNT

Up to $250,000

Equipment financing

Equipment financing can be used to purchase qualifying equipment, such as imaging equipment, lights, or dental chairs.

TERM LENGTH

1-5 years
MAX LOAN AMOUNT

$5 million

Additional resources for dental businesses.

FAQs

A dental business loan is a business loan acquired by a dental practice that can be used for any dental business expense. A dental practice can qualify for multiple business loan types, including term loans, SBA loans, revenue-based financing, and equipment financing.

  

Minimum requirements for a loan start at:

  • A credit score minimum of 600 
  • Monthly revenue of $8,000 or more
  • Time in business of at least six months

 

Loans for dentists can be used for any business-related expense, from purchasing equipment to covering payroll. Equipment financing, however, is limited to the purchase of equipment.

The Lendio application process is fast and easy and can often be done in 15 minutes or less. The application connects you to a large network of lenders, and a funding manager helps guide you through the funding process.

An SBA loan is a loan that is insured by the U.S. government, but is still given out by a traditional lender. Because it is insured, the lenders are able to offer lower rates and higher loan amounts than they normally would. The downside to SBA loans is that they are harder to qualify for and take longer to process than other dentist office loans.

There are three types of SBA loans: microloans, 504 loans, and 7(a) loans. Microloans are used for smaller capital needs and come in amounts between $500 and $50,000. 504 loans go up to $5 million and are intended for large asset purchases. 7(a) loans also go up to $5 million, but can be used for general everyday capital needs.

8 out of 10 Lendio employees* or their families own a small business.

*based on 136 Lendio employees who responded to an internal poll

Quickly compare financing options from multiple funders.

Applying is free and won’t impact your credit

Talk to a rep at (855) 853-6346
Mon-Fri 7:30am-5pm MST