How new dentists can improve their financing applications

First-time dental practice owners often have great ideas and a willingness to work hard. These are wonderful attributes because opening a dental practice and maintaining it is a big undertaking.One of the primary steps to ownership is obtaining financing, traditionally from a bank.In most cases, lenders prefer to see a dentist with clinical experience prior to purchasing a practice. At BMO Harris, we typically look for two to three years of demonstrated experience as a practicing dentist.
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