Dental Office Improvement Loan: How IMS Financial Helped Me Secure $60K—Even After My Credit Score Dropped
As a dental practice owner, I’m always looking for ways to improve the patient experience and maintain a modern, functional space. I’m Dr. Michael L., and after years of steady practice growth, I knew it was time to invest in some much-needed office improvements.
This wasn’t my first time working with IMS Financial. I’d had a great experience with them in the past, so when I decided I needed about $60,000 to renovate treatment rooms, upgrade lighting, and refresh the waiting area, they were my first call.
My Credit Score Dropped Before I Applied—But IMS Didn’t Back Down
At first, things looked straightforward. When I initially reached out, my FICO score was around 700. But after consulting with my accountant and waiting a few weeks to submit the application, an unexpected late payment showed up on my credit report. My score dropped to 597, and I immediately worried that it might derail the approval.
I was frustrated and hesitant—but I knew IMS had been great to work with before, so I gave them a call to explain the situation.
IMS Financial Worked With Me—Not Against Me
Instead of turning me away because of the credit dip, IMS took a proactive approach. They worked closely with me to prepare supplemental financial documents—including business bank statements, a year-to-date profit and loss statement, and a written explanation of the late payment.
They treated me like a long-time client with a proven business—and they went to bat for me with underwriting.
Approved for the Full $60K—Despite the Setback
Within a few days, IMS pushed the deal through underwriting and secured full approval for the $60,000 dental office improvement loan. Shortly after, the funds hit my account and I got straight to work.
Thanks to their quick thinking and flexibility, I was able to:
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Replace outdated cabinetry and flooring
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Upgrade dental chairs and operator lighting
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Refresh the front desk and patient reception area
The improvements made an immediate difference in the appearance and comfort of my office—for both patients and staff.
Why IMS Financial Continues to Earn My Trust
What I appreciate most about IMS Financial is their commitment to understanding the bigger picture. They didn’t reduce me to a number on a credit report. They saw the long-term strength of my practice and helped me move forward—when others might have declined the deal.
If you’re a dentist looking to upgrade your office space or make facility improvements—even if your credit isn’t perfect—I highly recommend working with IMS. Their dental office improvement loans are fast, fair, and flexible.
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:
- Working Capital
- Equipment Finance
- Practice Acquisition
- Practice Expansion
- Personal Debt Consolidation
- Cash Flow to Meet Payroll, Marketing, and Other Overhead Demands
