COVID-19 FINANCIAL RECOVERY PLAN FOR DSOS
I've been thinking a lot about how DSOs are going to recover financially from COVID-19. I found a solution that I believe will help many through increased patient financing approvals.
Growth through DSO partnership
Many dentists have grown their practice on their own. Whether it as at one office or ten, two associate dentists or twenty, many dentists...
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.
Dental practice ownership outlook
Leading dental lender Bankers Healthcare Group surveyed 413 dental professionals and practice owners to gauge the ownership appetite of independent dentists.
