Unsecured Business Lines of Credit for Dental Offices
Unsecured business lines of credit help many dental offices to compete in today’s demanding environment. If your working capital is not what it should be, or you are struggling to ensure your patients receive the highest level of care due to failing equipment, consider the funding options available to you. A traditional bank loan may be an option if you have good credit and can pay a monthly, fixed fee. On the other hand, you may want to consider unsecured business lines of credit from Advance Funds Network. These loans allow you to pay back the funds when you can and do not require credit.
A Business Cash Advance
Acquiring a business cash advance can help you accomplish all your business goals. It requires no collateral or perfect credit. Here’s how Advance Funds Network could help your dental practice:
- Purchase and maintain equipment: This will keep your dental business working at its best to ensure clients feel comfortable visiting you.
- Buy necessary inventory: You cannot operate your business without the appropriate inventory, and this particular type of loan allows you to buy even when your sales are lower.
- Fund your advertising campaign: You can use advertising to increase sales without needing to come up with a lot of money in advance to get your customers in the door.
- Cover operational costs: Use the funds to pay taxes, vendors, or to keep your payroll current so that your employees continue to meet your business needs.
Boosting Your Working Capital
There are times when any dental business needs to boost working capital to keep customers coming in the door. This can happen, for example, with a newer business or one that has moved to a new location. It can also occur when the economy dips and people focus on cutting costs. If you recently experienced a bad storm or had equipment problems that kept your doors shut for a few days, you can still pay your employees and vendors using this type of loan.
Easy Access to Unsecured Business Lines of Credit
Unsecured business lines of credit from Advance Funds Network are easy to obtain. You do not have to have good credit to secure this type of business cash advance. Rather, you just need to have at least $5,000 worth of sales on MasterCard or Visa each month. Then, you do not have to worry about a fixed monthly payment. Instead, you can pay back the borrowed funds based on your sales—pay more when your sales are up and less when they are lower.
Secure the Capital Your Business Needs
Supplying your business with the capital it needs to run properly is not an option but a necessity. The key is to have a source of funding that works for you. The unsecured business lines of credit from Advance Funds Network can do this for you and much more.
