This article from Laurelwick Lenders in Lake Havasu City, Arizona answers whether a dental office can finance chairs, imaging and milling equipment, and how. It compares dental equipment loans, covers business loans for a build-out or payroll, sets out a clinic financing checklist, explains loans to buy a practice, and works the payments with invented figures beside Mohave County, AZ counts.
Dental Equipment Loans: What Dental Groups Adding Operatories Compare
Dental equipment loans fund the items an operatory runs on: chairs, delivery units, lights, sterilization, intraoral cameras, panoramic and cone-beam imaging, and chairside milling units. Dental groups adding operatories compare three routes: the supplier's own financing, often bundled with installation; an independent equipment lender; and a bank where the practice already banks. Each is compared on total payments, the term and what happens at the end.
County Business Patterns counted 74 offices of dentists with paid employees in Mohave County, AZ in 2023, with 622 employees and $35.6 million in annual payroll (County Business Patterns 2023); 30 of them had fewer than five employees. Nonemployer Statistics counted 22 dental practices without paid employees for 2024 (Nonemployer Statistics 2024).
Business Loan for Dental Office: Questions From Dental Offices
- Can the office itself be financed? A build-out or remodel is a term loan, read against the bid and the lease.
- Can payroll be financed while claims are paid? A line of credit fits that timing.
- Does the practice need two years of returns? Equipment lenders may lean on statements and the quote; term loans read returns.
- Can a newly opened office finance equipment? Partners read the dentist's credit and the cash put in, since the office has little history.
Dental offices asking these questions find more on the dental office page.
Dental Equipment Loan for Lake Havasu City, AZ General and Specialty Dentists
A dental equipment loan for a general or specialty dentist is sized from the vendor quote. Illustration only, invented figures: three chairs and delivery units at $24,500 each total $73,500; over 60 months at an invented annual rate of 9%, the invented payment is about $1,526 a month. A $98,000 cone-beam imaging unit on the same invented terms runs about $2,034 a month, and a $112,000 milling unit adds more (our arithmetic).
Lake Havasu City, AZ practices weigh leasing for imaging and milling, which change with technology, and owning for chairs, which last. Equipment financing compares a lease and a loan.
Dental Clinic Financing: A Mohave County, AZ Checklist
- Get the supplier quote with model numbers, installation and training.
- Pull twelve months of collections by payer.
- Pull recent business bank statements.
- Have the latest return, and the dentist's personal return.
- Check the lease term on the space against the equipment term.
- List current equipment loans and leases with payments.
A Mohave County, AZ practice that sets the new payment against its collections before calling can phone (928) 437-8609 with a clear request. Illustration only, invented figures: at $135,000 a month of collections, the chair payment above takes 1.1% of them (our arithmetic).
Loan to Buy a Dental Practice for Practice Owners
A loan to buy a dental practice is a term loan sized to the price less the buyer's cash, read against the seller's collections, patient count and equipment. Practice owners selling and dentists buying both bring three years of returns, production and collections by provider, the equipment list and the lease. Illustration only, invented figures: a $700,000 practice purchase with $140,000 down, financed over 120 months at an invented annual rate of 9.5%, carries an invented payment of about $7,246 a month (our arithmetic).
Business term loans explains acquisition lending.
Dental Practice Loan Calculator for Mohave County, AZ Dentists Buying a Practice
A dental practice loan calculator answers one question for Mohave County, AZ dentists buying a practice: does the practice's own cash flow carry the payment with room left? Work it by hand: take the seller's annual collections, subtract operating costs and a fair salary for the buying dentist, and set what remains against twelve months of payments. Illustration only, invented figures: the purchase payment above comes to $86,955 a year (our arithmetic); the practice's cash flow after the dentist's pay should exceed it by a clear margin.
Health care and social assistance had 518 employer establishments in the county in 2023 (County Business Patterns 2023). Working capital covers the transition months after a purchase.
Used Dental Chairs and Refurbished Imaging in Lake Havasu City, AZ Offices
Refurbished chairs and imaging cost less up front, and they can be financed when the supplier documents the refurbishment, the age of each unit and any warranty that comes with it. Lenders may set a shorter term on a refurbished unit than on a new one, so the monthly payment can end up closer than the price difference suggests. Ask the supplier who services the unit after the sale, and get any parts warranty in writing.
For imaging, check that the software license transfers with the machine and that the unit can connect to the practice's existing records system; an upgrade fee can erase the saving.
By Laurelwick Lenders · Updated
