If your ambition is to start your own dental practice or grow your existing business, knowing where to start can be overwhelming, particularly when it comes to how to get finance.
The number one question dental professionals ask is, “How much will it cost?”, closely followed by, “How and where do I get the funds to make it happen?”
Credabl’s finance specialist, Ali Joyce, presented at a Henry Schein webinar in June, covering these common questions as well as the key considerations and the logic behind setting up such as location, restricted trade under current contract, council approvals, and buying verses leasing.
Ali explains that practice funding should be simple and, crucially, tailored to your unique needs. She also touches on the importance of choosing a lending expert that understands your profession and career journey.
To access and watch the free recording, register here.
Webinar discussion points
· How to best plan to secure the finance for your unique needs
· The ins and outs of structuring your finance to set yourself up for success
· How to keep costings in line with your budget and cashflow
· Loan requirements, documentation and eligibility
· Your finance options and what’s next for your practice
· Interest rates
Ali Joyce is a Commercial Finance Specialist at Credabl. She prides herself on her high level of client service and passionate about building long-lasting relationships. Whether you’re new to seeking finance or ready for a review, we’re available to chat live on our website credabl.com.au or you can contact Ali in the WA team any time, on 0411 602 084 she’d be happy to help!
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This article is a guide only and does not constitute any recommendation on behalf of Credabl Pty Ltd (ACN 615 968 100) or any of its related bodies corporate (Credabl). The information in this article is general in nature and we have not considered your personal objectives or financial circumstances or needs when preparing it. Before acting on this information you should consider if it is suitable for your personal circumstances. Credabl is not offering financial, tax or legal advice. You should obtain independent financial, tax and legal advice as appropriate.