$60,000 Refinance Loan

Dental Loan Refinance: How IMS Financial Helped Me Handle a $60,000 Balloon Payment—Without the Paperwork

When you’re running a dental practice, it’s easy to get so focused on patient care and daily operations that you forget to look ahead at your loan terms—until something big sneaks up on you. That’s exactly what happened to me. I’m Dr. William E., and earlier this year, I found myself staring down a $60,000 balloon payment on an existing loan.

The lump sum was approaching fast, and while I had some cash reserves, it wasn’t enough to cover the full amount without putting serious pressure on my practice. I knew refinancing the loan was the smartest path forward—but I also knew that my credit history might complicate things.

Credit Challenges from a Past-Due Balance

A while back, I had a past-due balance on another loan that affected my credit score, and although I had resolved it since, it still showed up on my report. I figured most traditional lenders would see that and either decline the application or require a mountain of documentation just to consider it.

So I decided to explore alternative lending options and came across IMS Financial.

A Streamlined Process—No Tax Returns or Bank Statements Needed

What immediately stood out about IMS was how easy they made the process. They understood that a strong practice with stable revenue could still have a few bumps in its credit history—and that those bumps shouldn’t define its future.

I submitted a short credit application, and to my surprise, IMS didn’t require tax returns or bank statements. They took a practical approach, evaluated my business holistically, and came back with a fast approval for the full $60,000 refinance loan.

Shopping Around—and Coming Back to IMS

Even after getting approved, I wanted to make sure I was getting the best possible deal. So I spent a couple of months shopping around, comparing offers and interest rates from other lenders. But none of them offered the same combination of flexibility, speed, and professionalism that IMS did.

To my surprise, when I came back to sign, IMS was able to offer an even lower rate than the original quote—without restarting the process or adding new requirements. That sealed the deal.

Why IMS Financial Earned My Business

What impressed me most was that IMS Financial didn’t just give me a loan—they gave me a smart, timely solution to a potentially stressful financial situation. Their ability to approve my dental loan refinance despite credit challenges—and do it without heavy documentation—made the entire experience smooth and efficient.

If you’re a dentist facing a balloon payment or dealing with unfavorable loan terms, I strongly recommend reaching out to IMS. They look beyond your credit report and focus on the strength of your practice—and that made all the difference for me.

Our mission has always been to provide Hassle-Free Financing for our clients.

We provide funding for Dental and Medical professionals to help meet a variety of needs, including: