Line of credit
Dental Practice Line of Credit
A line of credit is the right tool for variable working-capital needs — seasonal payroll smoothing, occasional inventory pushes, opportunistic equipment buys. You pay interest only on the drawn balance, not on the full commitment. Specialty programs from dental-friendly banks (BofA, Wells Fargo, Live Oak, US Bank) typically commit $50K–$500K against established-practice cash flow.
No hard credit pull to start. · Takes about 2 minutes.
Structure
How this product is shaped.
- Interest on drawn balance only. Carry $0 of interest when undrawn. Carry only the cost of the borrowed slice when used.
- Annual renewal. Most LOCs renew annually against updated financials. Commitment can increase over time as the practice grows.
FAQ
Frequently asked.
- LOC vs term loan?
- LOC for variable needs (you'll draw and repay multiple times); term loan for a one-time investment (equipment, acquisition).
See your match.
Soft-pull first. One hard pull only with the lender you choose.
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