Working Capital Loan for Dentists: How IMS Financial Helped Me Secure $75,000 Despite Credit Challenges
Running a dental practice has its highs and lows, and sometimes, even successful practices need a little extra support to keep things running smoothly. I’m Dr. James K., and earlier this year, I realized I needed a working capital loan to help cover several critical overhead expenses—from payroll to supplier invoices.
After evaluating my financial situation, I determined that $75,000 would provide the cushion I needed to maintain momentum without cutting back on staff or compromising patient care. I had worked hard to build a strong practice, so I hoped it would speak for itself. That’s when I contacted IMS Financial.
Starting the Process and Facing Unexpected Hurdles
The application process with IMS was simple and straightforward. I submitted my initial request, confident that I would qualify based on the strength of my practice’s performance.
However, during underwriting, a few credit issues surfaced—items I had honestly forgotten were still affecting my report. In most cases, I knew this would mean an automatic decline from traditional lenders. I braced myself for bad news.
IMS Took a Different Approach
To my relief, IMS didn’t dismiss my application based solely on credit. They looked beyond the report and focused on the fundamentals of my business—consistent revenue, positive cash flow, and long-standing community presence.
Rather than walking away, their team guided me through the process of submitting supporting documentation to strengthen my case. This included a recent profit and loss statement, patient production reports, and bank statements that confirmed my financial stability.
Approved and Funded for $75,000
Thanks to their understanding of the dental industry and their willingness to dig deeper, IMS was able to secure full approval for the $75,000 loan. The funds were disbursed quickly, and I was able to apply them toward immediate needs within my practice.
This infusion of capital allowed me to stabilize my operations, catch up on a few vendor balances, and continue investing in my team—all without disrupting patient care.
Why IMS Financial Earned My Trust
Most lenders would have stopped at the credit report. But IMS Financial looked at the big picture and saw what my practice was truly capable of. Their working capital loan for dentists gave me the support I needed, right when I needed it most.
If you’re a dentist who has hit a few financial bumps in the road but still runs a strong practice, I highly recommend reaching out to IMS. They don’t just evaluate credit—they evaluate potential.
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
