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Optimising Your Practice Finances – stop overpaying on your practice acquisition loan

Optimising Your Practice Finances – stop overpaying on your practice acquisition loan

Zoe Forde

08/02/2024

Are you overpaying on your practice acquisition loan? Many dental professionals may not realise the potential financial benefits that lie within the banking sector’s eagerness to lend to the healthcare industry. Your practice acquisition loan is a crucial component of your financial stability, impacting not only your current operations but also your future retirement plans. In this article, we’ll explore how existing practice acquisition loans can be strategically refinanced to boost cash flow, foster innovation, and safeguard your retirement fund.

 

Unlocking Cash Flow for Practice Owners:

Practice owners often find themselves seeking ways to free up cash flow, especially in an industry where innovation and renovations play a pivotal role in maintaining a competitive edge. Henry Schein Financial Services understands these challenges and partners with an extensive panel of lenders, offering a comprehensive review of your finance loan.

 

Benefits of Choosing Henry Schein Financial Services:

Preferential Rates:

Henry Schein Financial Services has cultivated long-term partnerships with leading banks, allowing them to secure preferential rates for their clients. These favourable rates are a result of a deep understanding of the healthcare sector and a proven track record of successful collaborations.

 

Expertise in Positioning Your Case:

Beyond securing preferential rates, the team at Henry Schein Financial Services brings their expertise to the forefront. They specialise in positioning your case to banks in the best possible light, ensuring that you receive the most competitive deals available to you. This knowledge is invaluable in navigating the complex landscape of financial negotiations.

 

Minimal Disruption to Your Business:

The entire process is designed to be seamless for practice owners. The team at Henry Schein Financial Services understands that your priority is running a successful practice. Therefore, the review and negotiation process occurs while you continue to focus on providing treatments in your surgery, minimising disruptions to your business operations.

 

No Additional Fees:

As a valued customer of Henry Schein, you can take advantage of these services without incurring any additional fees. The commitment to supporting your business growth is evident in their approach to providing financial solutions tailored to the unique needs of healthcare practices.

 

Conclusion

Your practice acquisition loan is a critical aspect of your financial health, influencing both your current operations and your future retirement plans. By partnering with Henry Schein Financial Services, you can unlock the potential for enhanced cash flow, allowing you to invest in innovations and renovations that will keep your practice competitive. Take control of your financial future, stop overpaying on your acquisition loan, and ensure that your practice is the best it can be with the support of a dedicated financial partner.

 

Contact our team today to stop overpaying on your acquisition loan.

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Frequently Asked Questions

How long will it take to sell my dental practice?

The length of time can vary depending on the practice type and buyer type. Typically a practice sale completes within 4-10 months. For a more detailed discussion about your own circumstances please contact us.

When is the right time to sell my dental practice?

What are the current dental market trends?

What do buyers look for in a dental practice purchase?

What documentation will I have to prepare to sell my dental practice?

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