Dental Practice Funding
There are over 24,000 practicing dentists in Canada. Provide superior care and stay ahead of other practices in your area with up to $500,000 in funding from Greenbox Capital® in as little as 24 hours.
Dentist Funding You Can Trust
Traditional lenders often consider dentist loans to be low risk because of their high earning potential, high net worth, and stable income. While you may be able to get the dental practice funding you need from a traditional lender like a bank or the Canada Small Business Financing Program, the application process can take months and approval is never guaranteed. Opportunities to expand and grow your practice can easily slip away while you wait.
As an alternative lender, Greenbox Capital® can approve more dentist funding than traditional lenders—and we can approve your dental practice funding faster, with funds deposited in as little as 24 hours. With several dentist funding options from as low as $3,000 up to $500,000, Greenbox Capital can help grow dental practices in all specialties, including dentists, dental hygienists, orthodontists, oral surgeons, periodontists, and more.
How To Use Dentist Funding
There are no restrictions on how you can use dental practice funding from Greenbox Capital. Dentist funding is typically best used for supporting growth initiatives that will increase your practice’s revenue, such as:
- Upgrading or investing in new equipment or lab supplies
- Adding new services such as online billing and scheduling, online paperwork, expanded office hours, and additional services
- Investing in training for new dental care services
- Purchasing a new location or expanding your current practice
- Renovating your office to offer a more comfortable patient experience
- Energizing your marketing and advertising to bring in more patients
Alternative dentist funding can also help when you need a quick influx of working capital to meet the unique challenges of running a dental practice, such as:
- High cost of dental equipment, technology, and supplies
- New equipment and training
- High patient turnover
- Delayed or denied insurance claims
- COVID-19—dental practices now need to contend with greater operating costs and PPE requirements, which can put a strain on your cash flow
How Dentist Funding Works
- 1
Apply
Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data.
- 2
Choose Funding
A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.
- 3
Get Funded
Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.
- 4
Set Repayment
Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.
Will You Qualify for Dentist Funding?
Exact qualification requirements depend on the type of dental practice funding you are seeking. Approval for dentist funding from Greenbox Capital isn’t based solely on your credit score or financial history. Instead, we focus on the overall health of your practice, including:
- Business revenue
- Cash flow
- Vendor payment history
- Years in business
- Public records
Dental Equipment Financing
As dental technology advances, keeping up with the latest equipment isn’t just nice to have — it’s necessary. From digital X-ray machines to advanced sterilization units, the right tools can make dental services more efficient and of higher quality.
Dental equipment financing from Greenbox Capital makes it easier for dentists and clinics to invest in quality equipment without the burden of upfront costs. This financing can be used to buy or lease new dental equipment, or to upgrade existing equipment.
For any medical business, especially in dentistry, having top-notch equipment is essential to staying competitive, keeping patients happy, and meeting health and safety standards.
Customized Solutions for Dental Businesses: Who Can Benefit from Dental Equipment Financing
Greenbox Capital offers custom financing solutions for various dental and medical practices, including:
- Private Dental Practices: Solo practitioners or small offices looking to expand services or upgrade equipment.
- Dental Clinics: Multi-specialty clinics that need to equip several treatment rooms with modern tools.
- Hospitals: Medical facilities with dental departments needing regular equipment updates.
- Diagnostic Centers: Places offering dental imaging services that require advanced diagnostic tools.
- Orthodontic and Pediatric Dental Centers: Specialized centers needing specific equipment for unique patient groups.
All these healthcare providers can greatly benefit from dental equipment financing. Whether it’s getting the latest digital scanners or updating old chairs and lights, our financing solutions are designed to meet the unique needs of dental professionals.
Benefits of Dental Equipment Financing
- Overcoming Budget Constraints
For many small and medium-sized dental businesses, budget constraints are a significant concern. Dental equipment loans offer a way to manage cash flow more effectively by spreading the cost of equipment over time.
This approach makes it easier for practices to invest in quality tools without compromising other areas of their business. - Enhancing Patient Care
Top-notch equipment translates to better patient outcomes. By utilizing dental equipment financing, practices can ensure they have access to the best tools available, which can improve diagnostic accuracy and treatment effectiveness.
Up-to-date equipment also enhances the patient experience, making procedures quicker, less invasive, and more comfortable. - Staying Competitive
In a competitive market, having the latest technology can set a dental practice apart from others.
Dentist equipment loans enable practices to keep up with industry standards and technological advancements, ensuring they remain at the forefront of dental care. - Flexible Financing Options
We offer flexible dental equipment loans tailored to the unique needs of dental businesses. Whether you’re looking to purchase outright or lease equipment, we provide options that can align with your financial situation and business goals.
Our customized repayment plans make it feasible to acquire high-cost equipment without undue financial pressure. - Preserving Capital
By opting for dental equipment funding, dental businesses can preserve their working capital for other operational needs.
This financial flexibility is particularly beneficial for practices aiming to expand their services, hire additional staff, or invest in marketing and patient acquisition strategies.
Apply for a Loan Today
We understand the role that advanced equipment plays in the success of your dental practice. Our dental equipment financing solutions are designed to help you achieve your business goals without the burden of large upfront expenses.
If you’re ready to upgrade your dental practice and provide your patients with the best care possible, apply for a loan with Greenbox Capital today. Our quick and easy application process ensures that you can secure the funding you need with minimal hassle.
Don’t let budget constraints hold you back from achieving excellence in dental care. Contact us now to learn more about our customized medical equipment loans and financing options, and take the first step towards a more successful and technologically advanced dental practice.
Dentist Funding Q&A
I’m expanding my practice and want to invest in new equipment. Can I use alternative dentist funding to finance this expense?
Yes, adding new equipment to your dental practice can attract more patients and allow you to grow your practice. This makes upgrading or purchasing new equipment an excellent use of alternative dentist funding.
What do I need to do to qualify for a small business loan?
We have a very simple application process, with same day funding available. To get started, fill out our one-page application form or speak with a Funding Advisor.
How do I get funding for a dental practice?
You can get funding for a dental practice from traditional lenders like federal funding programs or a bank, as well as from alternative lenders like Greenbox Capital. Alternative lenders have more flexible approval requirements that consider the overall health and potential of your practice. Contact one of our Funding Advisors to learn more.
I want to invest in training my staff on a new dental procedure. What is the best financing option for me?
One of our Funding Advisors can assist you with selecting the best option based on your unique situation. A small business loan, merchant cash advance, or collateral loan are all popular dentist funding options.
Why should I consider an alternative lender for my dental practice funding?
Traditional lenders can take weeks or months to review and approve your loan application, and most applicants are rejected. As an alternative lender, we have different approval requirements, and can approve funding for “high risk” industries. We can provide you with the funds you need to cover project expenses, operating costs, supplies, and more, often in less than 24 hours.
What types of dental equipment can be financed with Greenbox Capital's loans?
Greenbox Capital provides financing for a wide range of dental equipment, including, but not limited to, digital X-ray machines, dental chairs, sterilization units, CAD/CAM systems, and diagnostic tools.
Whether you need to purchase new equipment or upgrade existing appliances, our loans can help you acquire the necessary tools to enhance your practice.
How long does the application process take for dental equipment loans?
The application process for equipment financing for dental businesses is designed to be quick and straightforward. Most applications are reviewed and approved within a few business days, allowing you to access the funds you need promptly. Our team works diligently to ensure a smooth and efficient financing experience.
Where To Get Dental Practice Funding In Canada
- Edmonton
- Calgary
- Red Deer
- Lethbridge
- Victoria
- Vancouver
- Abbotsford
- Surrey
- Richmond
Manitoba
- Winnipeg
Northwest Territories
- Yellowknife
Yukon
- Whitehorse
- Toronto
- Ottawa
- Mississauga
- Hamilton
- Kingston
- London
- Thunder Bay
- Windsor
- Kitchener
- Brampton
- Markham
- Peterborough
- Cambridge
- Oshawa
- Vaughan
- Caledon
- Halton Hills
- Milton
- Burlington
- Oakville
- Richmond Hill
- Stouffville
- East Gwillimbury
- Georgina
- Uxbridge
- Pickering
- Ajax
- Whitby
- Clarington
- North York
- Etobicoke
- Barrie
- Scarborough
- Innisfil
- Newmarket
- Aurora
Nunavut
- Iqaluit
Nova Scotia
- Halifax
Quebec
- Quebec City
- Montreal
New Brunswick
- Fredericton
- Moncton
Newfoundland and Labrador
- St. John’s
- Regina
- Saskatoon
Prince Edward Island
- Charlottetown