Dental Practice Acquisition Loan: How IMS Financial Helped Me Secure $75,000 for My Second Practice
As a dentist, one of the most exciting milestones in my career was the opportunity to expand and purchase a second dental practice. I’m Dr. William P., and while I had already begun negotiating the buyout terms for the acquisition, I realized I was going to need an additional $75,000—not just to complete the deal, but also to cover basic overhead like payroll, equipment maintenance, and transitional costs.
I already had an approval in hand from another lender, but the interest rate and terms didn’t sit right with me. So I decided to reach out to IMS Financial to see if they could offer something more competitive. Having heard good things about their work with other dentists, I figured it was worth a conversation—and I’m glad I did.
Why I Reconsidered My Financing Option
While my initial loan approval gave me some peace of mind, I had concerns about the long-term cost of the loan. Plus, my credit score had recently taken a hit due to a couple of outstanding tax liens, and I wasn’t sure if better options were still on the table.
IMS Financial didn’t shy away from my situation. Instead, they took the time to walk me through their process and show me how they evaluate more than just a credit score. They understood my goals, reviewed the strength of my existing practice, and gave me confidence that they could help me get this deal done—with better terms.
A Personalized Submission Process and Real Results
The team at IMS was clear, professional, and responsive. They helped me submit the necessary documentation, answered all my questions, and didn’t burden me with unnecessary paperwork.
Despite the tax liens on my record, they delivered exactly what they promised: an approval for the full $75,000 at a competitive interest rate. Better yet, the loan was funded in time to close on the practice acquisition without delays, allowing me to move forward without financial stress.
Making the Acquisition a Reality
With the funds in hand, I was able to confidently finalize the buyout, onboard the existing team, and cover the overhead expenses during the first few months of operation. That flexibility made the transition much smoother—for both the staff and the patients.
The experience reminded me of how important it is to work with a lender who truly understands the dental industry. IMS Financial didn’t just fund a loan—they made my expansion possible.
Why IMS Financial Earned My Trust
Not all lenders are created equal, especially when it comes to dental practice acquisition loans. IMS Financial stood out because they provided honest communication, a fast and fair process, and loan terms that made sense—even with some credit challenges on my record.
If you’re a dentist looking to buy a second location—or need additional capital to grow—I highly recommend IMS. They helped me take a big step forward in my career, and I wouldn’t hesitate to work with them again.
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
