Funding Blog - Page 7

6 Best Business Loans for Dentists

Whether you’re a fresh grad looking to start up your own dental office, an experienced dentist ready to grow or expand your existing practice, or an established practitioner looking to upgrade your equipment or renovate your space, many dental practices seek additional funding to support their operations or fuel their growth. Loans for dentists are generally considered to be a safe investment by lenders, in part because dentists earn an income that’s well above the average small business owner—in 2020, the

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Best Small Business Loans in Canada

Small businesses make up approximately 98% of businesses in Canada, employing about 70% of the Canadian workforce. There are many small business funding options available to help small businesses in Canada get started, manage expenses, and continue to grow. Between government-supported programs and lenders like the Canada Small Business Financing Loan program and the Business Development Bank of Canada, commercial banks, and alternative lenders, it can be difficult to choose the right funding for your business. To help you find the

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Featured on Smarter.Loans: The Best Medical Practice Funding Options for Doctors, Dentists, and Medical Professionals

Medical practices of all sizes and in all areas of specialty can benefit from small business loans and working capital funding, whether you’re looking to open a private practice, expand your current office, or simply supplement your cash flow. There are a number of medical practice loan and funding options available to doctors, dentists, and other medical professionals in Canada, including long- and short-term funding, as well as secured and unsecured business loans for doctors. To help physicians and dcotors in

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Which Medical Practice Loan is Right For You?

Choosing the right medical practice loan can be intimidating. Between traditional lending options like the SBA and banks and newer alternative lenders like Greenbox Capital®, it can be difficult to understand the differences between each type of funding, and even harder to determine what kind of medical practice loan best suits your needs. Every medical practice has a different financial history and faces a unique set of challenges and goals. These factors can impact what funding you qualify for, as well

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Featured on Physician’s Practice: Six Medical Practice Funding and Physician Business Loan Options

Between traditional SBA and bank loans and newer forms of alternative funding such as merchant cash advances and invoice factoring, determining what medical practice funding is best for you can be a challenging task. To help you understand what medical practice funding options are available to you and which physican business loan is right for your needs, we shared our expertise with Physician’s Practice, an online resource dedicated to helping independent and hospital-owned practices navigate non-clinical medical practice management issues and

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How Merchant Cash Advances Can Help Your Business Recover After COVID-19

The United States government offered a number of relief and stimulus funding options through the Small Business Administration (SBA) during the first year of the COVID-19 pandemic, including the widely-used Paycheck Protection Program (PPP). Many small businesses were able to access funding through these sources, but PPP and other programs have since closed, leaving many businesses short as they continue to navigate capacity limits, changing guidelines, staff shortages, and the threat of temporary closure. Other funding options exist to aid in

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How Merchant Cash Advances Can Help Your Business Recover After COVID-19

The United States government offered a number of relief and stimulus funding options through the Small Business Administration (SBA) during the first year of the COVID-19 pandemic, including the widely-used Paycheck Protection Program (PPP). Many small businesses were able to access funding through these sources, but PPP and other programs have since closed, leaving many businesses short as they continue to navigate capacity limits, changing guidelines, staff shortages, and the threat of temporary closure. Other funding options exist to aid in

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Dental Practice Funding: The Essential Dental Practice Loan Guide

Understanding your funding options and applying for the right small business loan for your business can be confusing. Our Industry Funding guides make it easy to compare your funding options and choose the right loan for your business, whether you’re just starting up or are looking to grow an existing business. What You’ll Find in This Guide Dental Practice Funding Options What is the Best Business Loan for Dentists? How To Use Dental Practice Funding How To Apply for DentalPractice Funding

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Factor Rate vs. Interest Rate: Understanding Small Business Loan Rates & Fees

When you apply for small business funding, it’s important to understand the cost of your loan or advance before you sign a contract. But because different funding options come with different fee and cost structures, comparing your options and understanding the total cost of your funding can be a challenge. Many funding options, including SBA loans, term loans, and other traditional forms of financing use an interest rate or “annual percentage rate” (APR) to represent the total cost of your loan.

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