How to Use SBA Loans to Finance Your Dental Practice

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.

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The ABC’s of Service Corporations

Many dental practices are organized as service corporations. But what, exactly, is a service corporation, and what legal requirements apply to it? The following article provides answers to some frequently asked questions.

What is a service corporation?

In Wisconsin, a service corporation is a special type of corporation created for the purpose of carrying on a calling, trade or profession, such as dentistry, for which a license, certificate or registration is required.

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