We pride ourselves in being able to fund a wide array of businesses but we have always put an emphasis on healthcare practices and suppliers and in particular dental practices and suppliers.
After analyzing years of data and thousands of clients we concluded dental practices and suppliers score very well with our scoring technology – Bloomscore TM. Therefore we created specialized funding terms designed specifically for dental practices and suppliers.
Here are some of the key features of our dental funding program:
We also took the time to understand what it means to run a dental practice and the everyday challenges with cash flow, equipment upgrades, inventory purchases and advertising. We have seen our funding program be a great fit for dental practices and have seen practices utilize our funding program for the mentioned.
Here are a few common questions and answers.
You fill out the form below and complete our 1 page app and e-mail it to us along with your past 3 months of merchant statements and bank statements for the practice. Upon approval you will receive offers and you select the desired option. Once you receive the agreement you sign and send back and you will be funded shortly after that.
Our approvals are as fast as 4 hours and fundings in as fast as 24 hours!
We have two options for repayment, either a fixed auto daily payment or a fixed percentage of the credit card sales. Some practices prefer the fixed debit because they know the amount that will be debited and other practices prefer the percentage of the credit card sales because the repayment will fluctuate based on sales.
The repayment is typically structured between 8-12 months and that way if you need additional capital you can access it again when it’s halfway paid down.
Absolutely. While credit does play a part in our scoring model it is not the main factor. We are not a bank and we underwrite differently. We look at a practice’s cash flow, length of time in business, and other trends.
Even if you would like to simply know what you are qualified to receive we encourage you to fill out the form below.
If you have any questions please send an e-mail to firstname.lastname@example.org or call 800-828-0306.