Small Business Funding Options For Dentists & Dental Practices
Even though dentists face increasing challenges to have a high level of client satisfaction, dentists have seen drastically higher customer satisfaction ratings than normal. Dentists are in an industry that relies heavily upon insurance payments. Dentists often have to wait several weeks to months before receiving payment for their services. This leads to cash flow issues.
The time that a dentist spends waiting for payments from an insurance carrier results in a loss of profits and makes it more difficult to pay for recurring expenses. Having updated equipment and inventory cannot be postponed. Dentists are promoting newer and less painful procedures with the use of advanced technology.
The dental industry is seasonal so much so that it requires additional resources during certain parts of the year. This would not be a problem if the dentist can have consistent revenue and manage streams of income do handle different seasons. Their busy season comes after the slow season so dentist’s normally do not have adequate capital to prepare for the increase in appointments.
At First Premier Funding just like a dentist we like to leave our clients smiling. We offer amazing funding options for Dentists & Dental Surgeons. Contact us today at firstname.lastname@example.org or apply now.