Nearly 100% of practice sales today are cash sales. The full price is paid in cash at closing. We realize that few, if any, buyers personally can afford to pay cash, so Phase II has established relationships with lenders who specialize in dental practice acquisition funding. We can help you avoid the frustration of applying to banks and other lenders who do not understand dental practices, and will waste your precious time without results. Our lenders understand the dental profession and offer quick, easy, hassle-free service.
Loans are generally only secured by the practice and do not require other collateral or guarantors. Nearly all of these loans are conventional and do not require SBA involvement, which adds to the time and expense of borrowing. Phase II prepares a comprehensive loan application packages for you, applies to the lender best suited to you, and works on your behalf to get the best terms and quickest service possible. Quick approvals and fast funding mean you can start earning income right away.