Business Loans For Dentists: A Way To Get Working Capital With Bad Credit
VMI LLC offers dental practice financing for established practices. Bad credit is accepted. The application process is easy and fast.
Running a successful dental practice takes skill, dedication and a financial partner with flexible solutions required as the practice grows.
In many cases, in order to get approved for a dental practice loan, dentists must have excellent credit, provide collateral as security for the loan and present a business plan on how the loan proceeds will benefit the practice. Because of this strict traditional lending structure, the process could take up to two to three months which is just too long for the needs of most dentists.
However, there is a solution. VMI LLC, a California based company provides dental practice financing to dentists nationwide. They specialize in credit challenges so if a dentist has bad credit, VMI is able to work with them.
According to the website, www.BusinessLoansForDentists.com, VMI works with all credit types. Bad credit does not eliminate the ability to get approved. Approvals are received in one business day. Funding occurs in one to two days. Dental practice loans range from $25,000 up to $250,000 based on a one page application and the revenue history of the practice.
There are many advantages to these dental practice loans. First, there is no collateral required. The loan is based simply on the revenue history of the dental practice. Second, the business loan for dentists is fast. An approval is generated within one business day. The loan is funded within the next day or two. Another major benefit is that the dental practice loan can be used however the dentist sees fit which means that there is no draw-down schedule. All of the loan proceeds will be directly deposited upon approval.
These business loans for dentists can be used for expanding the dental practice, consolidating debt, hiring additional personnel, purchasing equipment or obtaining working capital.
Start up dental practices do not qualify for these dental practice loans.
About VMI LLC:
VMI LLC is a nationwide company that provides flexible loan solutions to medical practices. They offer dental practice loans based on the revenue history of the practice not on credit. To find out how to get a dental practice loan, call 1-877-841-8266.
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- Skylar Marshall
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- VMI LLC
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