Practice Management | Financing

How To Get The Practice Loan You Need Despite The Credit Crunch

Loans for dental practices are still readily available at certain banks that specialize in healthcare provider lending. Use our strategy to ensure you get the best deal possible!

Practice Management | Financing

Should You Purchase Or Lease Your Equipment?

Leasing can be faster and simpler than buying, but the hidden costs often lead doctors to regret their decision. Here's what you need to consider when adding a new piece of equipment to your practice.

Practice Management | Financing

Will You Keep Your Provider Relief Funds?

HRSA is now contacting doctors who failed to properly report their Provider Relief Funds in a timely manner. Ensure you can keep your PRF funds by following the reporting requirements and deadlines outlined here.

Practice Management | Financing

SBA Offering Loan Increases As EIDL Program Nears End (Online-Only Article)

The SBA has increased the EIDL loan limit to $2,000,000. If you previously received an EIDL loan, or applied but were denied, find out how you can apply for an increase in your loan amount up to the new maximum. But don’t wait; act now because funds are running out!

Practice Management | Financing

Provider Relief Fund Reporting Now Due (Online-Only Article)

If you received Provider Relief Fund (PRF) payments, you must spend them to cover approved expenses or lost revenue and properly report them. Otherwise, you may have to return part, or all, of the funds received back to the government.

Practice Management | Financing

Why Borrowing Money For New Equipment, Technology, And Practice Purchases Is Your Best Bet

The idea of paying for practice purchases in full to avoid debt is an attractive one, but it could be costing you. Consider these 4 reasons why, in most cases, taking out loans for practice purchases is in your best financial interest.

Practice Management | Financing

October 26 Deadline To Apply For Provider Relief Fund Payments

Phase 4 funding of the Provider Relief Fund closes October 26. Don't delay!

Practice Management | Financing

SBA Expands EIDL Program To Boost Loans

The SBA recently enhanced its EIDL program, including increasing the loan limit to $2,000,000. Find out if your practice could benefit from a long-term, fixed-rate loan. But don’t delay—the program ends December 31, 2021!

Practice Management | Financing

HHS Announces $25.5 Billion In Provider Funding Available

Phase 4 of the Provider Relief Fund (PRF) opened September 29, 2021. Find out if you qualify for these additional COVID-19 relief funds.

Practice Management | Financing

PPP Loan Forgiveness Deadline Approaching

If you received a PPP loan, your deadline to apply for forgiveness might be approaching soon. Your deadline is dependent on the covered period you selected, so act now to ensure you file your application on time!

Practice Management | Financing

SBA Offering Additional COVID-19 Relief Funds

Is your practice eligible for additional tax-free funds? The SBA has opened applications for Targeted EIDL Advances and Larger EIDL loans. Find out if you qualify!

Practice Management | Financing

Congress Extends PPP2 Loan Deadline To May 31

The deadline for PPP2 loan applications has been extended again. If you qualify, don’t miss out on your second chance!

Practice Management | Financing

Don’t Miss The March 31 PPP2 Application Deadline!

Newly issued PPP loan guidelines allow lenders to focus on small businesses like your dental practice. But you must act fast! Apply by 3/31/2021 to be considered for these “second draw” forgivable PPP loans.

Practice Management | Financing

New SBA Rules Limit Eligibility For PPP2 Loans

Does your practice qualify for another Paycheck Protection Program loan (PPP2)? How do you accurately calculate revenue loss? What accounting method should be utilized? Find out the latest SBA eligibility rules.

Practice Management | Financing

Take Advantage Of The New COVID-19 Economic Stimulus Law

Following grueling delays, Congress approved another round of Coronavirus relief with a $900 billion economic stimulus package. Which provisions will be most beneficial for you and your practice? The 16 most significant are outlined here.

Practice Management | Financing

Five Tips For Applying For PPP Loan Forgiveness

Applying for a Paycheck Protection Program loan was a time-consuming process and now applying for loan forgiveness is even more complex, as Congress and the SBA keep changing the rules. Use this advice to maximize your PPP loan amount forgiven.

Practice Management | Financing

New SBA Rules Curb PPP Loan Forgiveness For Owner-Related Payments

The SBA continues to modify rules on PPP forgiveness, and with the impending election, more changes are likely to come. Find out your best strategy to achieve full loan forgiveness and why we recommend waiting to complete your application.

Practice Management | Financing

No PPP Loan Yet? Here’s Your Golden Second Opportunity!

If you thought you missed your chance to apply for a Paycheck Protection Program (PPP) loan and qualify for 100% loan forgiveness, Congress has a nice surprise for you! Don’t miss this opportunity to receive tax-free PPP funds to help your practice recover from the financial impact of the pandemic.

Practice Management | Financing

New PPP Law Eases Loan Forgiveness

For months, doctors have been waiting for PPP loan forgiveness regulations. Finally, Congress offered some answers in this new legislation passed by the Senate on June 3, 2020.

Practice Management | Financing

How to Slash Practice Interest Costs By Shopping Different Lenders

Use competitive pressure to your advantage – follow this simple process to get the best deal on your loan.

Practice Management | Financing

Use Increased Bank Competition To Cut Interest Rates On Practice Loans

Save $1,000s through taking advantage of today’s rock bottom rates by refinancing your home mortgage and/or practice debt now!

Practice Management | Financing

Banks Tightening Lending Standards – How to Get the Practice Loan You Need

Preparing a “Loan Request Summary” will help you get the most favorable rates, terms and conditions on your practice loan.