If you need financing for your dental practice, you should consider an SBA loan. In 2011, more than 53,000 new SBA loans for approximately $19.6 billion were approved by the United States Small Business Administration (SBA). Although these loans require a little more paperwork than conventional loans, the benefit to a small business, which often comes in the form of a better interest rate, can be considerable.
Are you planning to purchase an office building for your dental practice? Negotiating a letter of intent (also known as an LOI) will be one of the first and most important steps you take on the way to owning your own building. Here are some quick tips to help you through that process. Continue reading