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.
You own a successful dental practice, and you are tired of leasing space. You have decided to take the next step and build your own, brand new dental office building. You have even selected a contractor to build your project. What do you need to know, now, before you sign a construction contract? Here are a few quick tips.