San Diego Dental Office Funding

Intelligent Funding Solutions for Dental Offices in San Diego, CA

A dentist's office can be very profitable in San Diego, but also very expensive. After getting all the relevant certifications and degrees, you may have aspirations to open up your own practice, only to find that traditional banks and lenders are unwilling to take a chance on your small business. If you lack the proper credit or simply do not have the time to wait for banks to approve your funding request, then our financial advisors can help.

Fidelity Advance is a champion of small businesses across San Diego, and we have a passion for helping local practitioners prosper. Whether you are just starting out or you are looking to grow your dental office, we provide smart funding solutions to help you meet your goals.

What Can Fidelity Advance Do for You?

A dental office has a lot of moving parts to consider in its daily operation. Our funding advisors can help you expand your reach to more patients, expanding your business in any of the following ways:

• Purchasing the right building for your office space. You may be looking for a building with a more welcoming waiting room for your patients, or more rooms where multiple dentists can operate at once.
• Purchasing equipment. You may require funding for specialized equipment, including x-ray imaging devices, computers and relevant software, and personal protective equipment in bulk.
• Covering staff and employee salaries. Finding qualified practitioners for your office often entails a high payroll.
• Investing in client services. A website with a clean look and high SEO results can attract more clients to your local office.

Whatever you may need to jumpstart your dental practice, we at Fidelity Advance are ready to lend our aid. With our team of financial advisors, we can discuss your circumstances and pinpoint the best option for your long-term growth.

Types of Funding for Your Practice

There is no one-size-fits-all funding solution for every business. You might only be facing one immediate expense that stands as a barrier to your dental practice, or several smaller investments that you have to address individually. In any case, Fidelity Advance can arrange different types of financial support for your business, including:

• A merchant cash advance, a single lump-sum payment to use at your discretion for your business. What makes a merchant cash advance unique is that the lender does not pay it back directly, but rather it is extracted from percentages of your business's revenue. This may be a good option if you are confident you have found a local niche with your dental practice and anticipate many patients soon.
• A term loan, another upfront, lump-sum payment: these loans are useful for single purchases, such as expensive equipment or an office space for your practice. Repayment occurs at regular intervals, usually a period of months to years.
• An equipment loan, which allows you to easily acquire equipment for your dental office in exchange for a down payment. If you continue making regular payments on time, you can eventually pay off the loan on the equipment and acquire full ownership of it.
• A business line of credit, a flexible borrowing agreement that lets you withdraw money at your convenience. This is a sound option for borrowers with a good credit score.

Contact a San Diego, CA Dental Office Funding Advisor

Starting up a dental practice can be an intimidating financial prospect, but it also has the potential to make a great profit. If you are looking to finance a dental office, reach out to Fidelity Advance today. For any questions or inquiries, you can reach our financial advisors at 888-316-2246 or contact our San Diego office online.