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Dentistry Business Financing: Merchant Cash Advance
If you’re considering opening a dental practice, California may just be the place for you. A new study from UCLA’s Center for Health Policy Research indicates that more rural areas of the Golden State suffer from a shortage of dentists. According to the report, San Benito County in California has a patient to dentist ratio that exceeds 11,400, and more than 250 areas of California have a patient-to-dentist ratio of at least 5,000:1.
If you’re interested in practicing rural dentistry, but lack the dentistry business financing you need to equip a modern practice, consult with Rapid Capital Funding to see how a merchant cash advance can act as a business loan alternative.
With a merchant cash advance, you can sell a portion of your future Visa or MasterCard credit card transactions to us for immediate cash. Use the cash for anything you need: new equipment, personnel, space – whatever you need to operate your rural dentistry practice. Each time you process a Visa or MasterCard credit or debit transaction, you repay a portion of your merchant cash advance.
With this business loan alternative, you don’t commit a specific portion of your income each month to repayment. When business is good, your merchant cash advance is repaid more quickly; when business is slow, your repayment rate slows too. With a merchant cash advance, only your credit card transactions are used to repay your advance, so you keep your cash payments and insurance payments to yourself.
A merchant cash advance is the ideal way to secure fast, affordable dentistry business financing and is available whether you have good credit, bad credit or no credit at all. Contact Rapid Capital Funding to see how you can use this business loan alternative to secure the dentistry business financing you need today!
Photo Credit: Matt Lemmon
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Dentistry Business: Financing for Small Business
The dentistry business isn’t recession-proof after all. Dentists are reporting anecdotally that the recession is having an effect on their practices. More patients are cancelling appointments, or coming in for one last visit before dental insurance benefits run out or change. The unpredictability of the economy can make the process of finding
dentistry business financing tough.
More businesses are cutting the number of employees and reducing benefits like dental insurance. Maintaining a dental practice can be difficult financially. Dental treatment technology is changing quickly, meaning that practices must update equipment to stay vital. If finding dentistry business financing is a challenge, Rapid Capital Funding can help.
A merchant cash advance could be the ideal dentistry business financing mechanism for your small business. If you accept Visa or MasterCard and generate at least $2,500 per month in credit and debit transactions, your business most likely qualifies for a merchant cash advance.
You don’t need to fill out long application forms, submit your books to microscopic examination, or wait weeks to find out if you’ve been approved. You don’t need to commit a minimum portion of your monthly income to repayment, either. Your merchant cash advance is repaid each time you process a credit or debit transaction. A small portion is used to repay the merchant cash advance and the rest comes back to you. Nothing could be simpler. There is no easier way to get the dentistry business financing you need with repayment terms you can afford.
Contact Rapid Capital Funding today!
Photo Credit: Steve Elgersma
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Need Dentistry Business Financing To Upgrade Your Practice?
A new poll released Thursday by the Kaiser Family Foundation suggests that six in ten American families are economizing on health care costs by delaying doctor visits, dental work, and prescription refills. This delay can be significant for a practitioner like a dentist. Finding
dentistry business financing from a bank can be a challenge when your receivables are down.
Instead of working with your bank, consider taking a merchant cash advance for your small business. A merchant cash advance doesn’t tie you down to minimum monthly payments, collateral or personal guarantees.
A merchant cash advance allows you to leverage your future credit and debit card sales right now. You get the cash you need in exchange for selling a portion of your future transactions. As the transactions are processed, your merchant cash advance is repaid. Only a small portion of each transaction is used to repay the advance, so you still get the cash you need to run your small business.
Because repayment of the merchant cash advance is tied to transaction processing, we get paid only when you get paid by credit card. The cash portion of your business isn’t affected, so a merchant cash advance doesn’t commit your incoming cash sales to the repayment of your advance.
Small businesses are having a tough time in today’s economy, and even professionals are affected. A merchant cash advance from Rapid Capital Funding can get you the dentistry business financing you need along with a repayment method you can afford. Use the cash to expand your business, replace old equipment, add new equipment or whatever you need.
Contact Rapid Capital Funding today and let us show you how a merchant cash advance can provide the dentistry business financing your small business needs!
Photo Credit: Jennifer Coughenour
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