Credit solutions for your practice

The demand for dental practitioners has never been higher. According to a 2007 study by the ADA, the average age of the practicing dentist is 49.  Fewer students are enrolling in dental schools, and there are fewer dental schools today than there were in the 1980s. The state of the industry affords today’s practicing dentists an opportunity to reinvest in their practice and expand their business to meet the growing demand.

Relationship banking

In order to expand your practice, you need a solid financial partner. Your banker should be a trusted advisor who guides you to the products and services that will suit your needs and that will help you grow your practice. This concept is what we at California Bank & Trust (CB&T) call relationship banking. True relationship banking affords customers access to knowledgeable and experienced business bankers who are interested in getting to know about you and your dental practice. 

Whether you are a new graduate starting up a practice, or a veteran dentist looking to make an acquisition, you need to find a bank that has the credit products that will help you accomplish your financial goals. CB&T offers credit for working capital, loans to finance or lease equipment, SBA loans for real estate purchases and term loans, all of which can be used to meet the needs of your growing practice. A qualified banker should be able to make suggestions on the right credit products you need to help you sustain, and ultimately grow your business.

In addition to available credit offerings, your banker will review all the needs of your practice to offer smart financial solutions that can help your business to be more successful. With the business side of your practice well managed, you can concentrate on doing what you love, serving your patients.