Being pre-qualified for financing puts a buyer in a stronger position for several reasons.
First, it clarifies your "borrowing power" so you know how much you have to work with when looking at available practices.
Second, it can save a lot of time and expense from negotiating a purchase in good faith and then finding out you can't qualify for the required amount. Finally, a seller will perceive far more value in a pre-qualified offer versus a non-qualified offer, providing more leverage and certainty to the purchasing process.
You can apply with one, several, or all of our Preferred Lenders to receive a no-obligation loan pre-qualification so you can go into negotiations with peace of mind and certainty about your purchasing capabilities.
Bank of America Practice Solutions team specializes in lending to Dental, Veterinary, Optometry and Medical practice owners. From practice acquisition and expansion to equipment financing and commercial mortgage loans, Practice Solutions offers a single, convenient source for financial services. Interest rate incentives are also offered if you choose to or already bank with them.
Provide is a Fintech lender in the Dental, Veterinary, Optometry & Medical space and offers applicants a quick pre-qualification as well as an easy-to-use online application process. Provide's mission is to build financial products that make starting and running a healthcare practice easier. Provide's offerings include practice lending, business bank accounts, and insurance.
Practice Pathways™, a division of Zions Bank, provides professional practice loans to help you acquire a practice, expand an existing practice or refinance your practice loans1, from start-up to retirement.
Contact one of our experienced Dental Transition Advisors at (800) 815-0590.