Approval for Debt Refinance Despite Recent Bankruptcy

Dental Working Capital Loan: How IMS Financial Helped Me Rebuild After Bankruptcy and Secure $25,000

Running a dental practice is a long-term commitment, and over the years, it’s not uncommon to face a few financial setbacks. I’m Dr. Peter B., and after more than two decades in practice, I’ve seen both good years and difficult ones. Back in 2010, I worked with IMS Financial for the first time and had a great experience. So when I recently needed help again, they were the first company I called.

This time, I was looking for a $25,000 dental working capital loan to pay down some high-interest credit card debt and cover several pressing practice expenses. However, there was one major concern: I had filed for bankruptcy in 2018, and I wasn’t sure any lender would be willing to take another look at me.

Revisiting a Trusted Relationship After Bankruptcy

Despite my concerns, I reached out to IMS because of how fairly they treated me in the past. I explained my situation—how the bankruptcy had been several years ago, how my practice had stabilized, and how I was working hard to regain control of my financial health.

To my relief, IMS didn’t shut the door. Instead, they listened carefully and reviewed my case with transparency and respect. They understood that my financial picture today looked very different than it did five years ago, and that I had a clear plan to move forward.

Fast, Judgment-Free Approval

After submitting a quick application and a few supporting documents, IMS took my request into underwriting. Just a few business days later, I received an update—I had been approved for the full $25,000.

There were no excessive document requests, no drawn-out explanations, and no judgment about my past. IMS focused on where I am now—and what I needed to succeed.

How I Used My Dental Working Capital Loan

With the loan funds secured and deposited, I was able to:

Pay off several high-interest credit card balances that had been hurting my cash flow
Cover outstanding lab and vendor invoices that had been accumulating
Make minor office upgrades to improve patient comfort and staff workflow

This dental working capital loan gave me the space I needed to get back on my feet financially—without putting my practice at risk.

Why IMS Financial Will Always Be My First Choice

What makes IMS different is that they see the whole picture. They don’t just look at your credit score or past mistakes—they evaluate your current potential and long-term goals. Thanks to their support, I’ve taken a big step toward full financial recovery and long-term success.

If you’re a dentist who’s been through a rough patch, don’t count yourself out. I highly recommend working with IMS. Their working capital loans for dentists are fast, fair, and designed to meet you where you are.

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: