DSOConnection.com: A Smart Alternative to Hiring a Dental Broker
You’re probably familiar with the role of a dental broker. Typically, brokers facilitate the buying and selling of a dental practice by handling administrative tasks, negotiating sales, and guiding dentists through the buying and selling processes. Brokers often charge commission fees of 6%, 8% sometimes over 10% for their service. Continue reading...
We were shocked to learn how much dentists can borrow with an SBA-backed loan....
Through FundEx Solutions Group (a new Bankers Healthcare Group affiliate), dentists can now borrow up to $5M on an SBA loan with a term ranging from 10 to 25 years. DSO News caught up with April Brissette, Chief Credit Officer for BHG to learn more about the program. FundEx Solutions group is now only 1 of 14 non-banks authorized to issue SBA-backed loans.
3 things dentists struggle most with when starting a group practice
It feels as though you cannot turn around these days without running into someone starting a new group practice or dental support organization (DSO)....
Patients can now utilize pretax benefits to pay for dental care expenses
In a new rule on June 20th, DHHS issued a new rule that includes dental expenses for health reimbursement accounts.
