Dental Practice Loans
Get up to $250K in flexible dental business loans. Receive funds as soon as the next day.†
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Flexible dental practice financing.
Dentists face real costs. Between equipment, staffing and real estate, dental practices need access to fast, flexible funding that doesn’t get in the way of patient care. OnDeck offers term loans and lines of credit that can be used to cover everyday expenses or invest in growth. Whether you’re looking to open a new location, buy into an existing dental practice or need some help to smooth out cash flow, our small business financing can help.
Dental business loan options from OnDeck.
OnDeck Line of Credit
A revolving credit line you can draw from 24/7 to receive funds within seconds.*
- Credit limits from $6K - $200K
- Flexible repayment terms of 12, 18 or 24 months
- Great for keeping funds on hand
OnDeck Term Loan
A one-time lump sum of cash with an eventual option to apply for more.
- Loan amounts from $5K - $250K
- Repayment terms up to 24 months
- Great for larger investments in your business
How dental practice loans work for healthcare professionals.
We know you’re busy — so we’ve made the loan process fast, easy and clear.
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Step 1
Apply in minutes with no hard credit check.
Our loan application process is just a few steps and can be completed in minutes. Plus, it won’t affect your personal credit score.
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Step 2
Get paired with a dedicated advisor.
You’ll get a dedicated loan advisor who understands the realities of running a small business. They’ll help guide you through your financing options, whether you need a term loan for a big upgrade or a line of credit to help manage working capital.
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Step 3
Upload your documents.
We typically ask applicants to connect their business bank account or upload the last few months of bank statements. No piles of paperwork — just what we need to handle underwriting and make a decision.
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Step 4
Get your decision.
Once we’ve reviewed your application, we’ll send our decision. If you’re approved, we’ll clearly lay out your loan terms, interest rate and repayment schedule, so you can move forward with confidence.
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Step 5
Receive your funds — fast.
If you’re approved, you can receive your funds fast. Lines of credit can fund instantly.* Term loans can fund the same day.†
What can dental practice loans be used for?
Dental practice loans can support a wide range of needs — from daily expenses to major investments.
Opening or expanding a location.
Whether you’re opening a new dental practice, taking over an existing dental practice by pursuing a practice acquisition or covering startup costs for your own practice, financing can help. Common expenses include remodeling, hiring staff, buying new equipment and marketing. A term loan can help for larger, upfront needs while a line of credit can give borrowers ongoing flexibility for future expenses.
Investing in commercial real estate.
Real estate loans can help business owners purchase, renovate or expand their dental practice spaces. These types of loans are commonly used to buy commercial property, build out treatment rooms or upgrade your facilities. Owning your space can add long-term stability, while renovations can improve efficiency and patient experience. Traditional real estate loans often offer large amounts and longer repayment terms. While OnDeck does not offer real estate loans, our lending products can help with things like moving expenses and stabilizing cash flow.
Purchasing or upgrading dental equipment.
Equipment is one of the most common expenses in the dental industry. Financing can help you buy or replace things like X-ray machines, dental chairs and other dentistry tools. Equipment loans can help you get the tools you need to take care of patients now, and let you pay it off over time.
Refinancing existing debt.
Many dental practices may already have existing debt from startup loans, business credit cards or other financing solutions. Refinancing can help combine those balances into a single, predictable payment — often with a lower interest rate. If you want to reduce costs, or simplify your finances, you may be able to refinance with a new loan that works better for your business's financial situation.
Benefits of OnDeck dental business loans.
No hard credit pulls
Check your eligibility without affecting your credit score.
Fast funding
Lines of credit can fund instantly.* Term loans can fund the same day.†
Build business credit history
We report to business credit bureaus, which helps build business credit history with on-time payments.
Who qualifies for a dental practice loan?
1 Year
in business
Business
checking account
$100K
business annual revenue
625
personal FICO® score
Business funding that moves at your speed.
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Step 1
Complete the application.
Our streamlined process is designed to be completed in just minutes.
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Step 2
Get a decision.
We’ll let you know if you qualify for our term loan, line of credit or both. If approved, you can then choose your loan amount and repayment terms.
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Step 3
Receive your funds.
Sign your contract and get funds as soon as the same day.†
FAQs: Dental Practice Loans
A dental practice loan is a small business loan used by dentists to open a new location, take over an existing practice, invest in new equipment or cover day-to-day operating costs. They can be tailored for the financial needs of dental professionals — including the upfront expenses that come with growth and expansions.
Dental practice loans can help cover the costs of running and growing your business — whether you want to open a new office, upgrade your equipment or refinance existing debt.
Start or acquire a dental practice. You can use the funds to cover the costs of launching your own practice or buying into an established one.
Practice acquisition and expansion. These loans can provide the funds you need to buy another practice, bring on a partner or open a second location.
Real estate and dental office financing. You can use funds from a dental practice loan to do office renovations, treatment room upgrades and more.
Purchase dental equipment. Invest in the tools you need to run your practice and stay ready to serve your patients.
Refinance existing debt. You can use a loan to consolidate high-interest debt into a single payment — potentially lowering your costs and freeing up cash flow.
Dentists have a variety of financing solutions available including lines of credit, term loans, SBA loans, equipment loans, real estate loans and more. Choosing the right one depends on your business’s unique goals and financial situation.
Term loans. Small business term loans provide an upfront lump sum of cash that can be paid off in smaller installments over time. They are good for large, one-time investments.
Lines of credit. Revolving lines of credit give you access to funds that you can draw as you go. If you’re approved, you’ll be given a set credit limit and you can borrow up to that amount. As you repay, the funds become available to borrow again. They are a good option for ongoing expenses or covering cash flow gaps.
Traditional bank loans. Banks often offer small business loans. They can have lower interest rates but the process is often much longer and requires more documentation than getting funding through an online lender.
Small Business Administration Loans. You may be able to find loans backed by the Small Business Administration (SBA). These loans offer long terms and loan interest rates but qualifying can be a tedious process.
Equipment financing. Equipment loans are designed specifically for purchasing equipment you need for your small business. The equipment itself often acts as collateral to secure this type of loan.
Real estate loans. Real estate loans are designed for the purchase, construction or renovation of commercial properties, including dental offices. They often have much longer repayment terms — 10, 15 or even 25 years. They may also require a significant down payment and a lot of paperwork including a detailed business plan and business financials.
Acquisition loans. These loans are used to buy existing dental practices and can help cover the initial costs, including legal fees and staff transitions. Repayment terms can vary, and lenders may evaluate the financial health of both the buyer and the practice being acquired.
Interest rates and terms can vary depending on the type of loan, the lender and your business financials. SBA loans generally offer competitive rates and longer repayment terms — especially for real estate. However, the application process for SBA loans can be long and you may need to meet the strict qualification requirements.
Online lenders typically have higher interest rates than traditional lenders, but the application process is fast and they may be able to approve those who have been turned away by the banks.
Most lenders will look for a solid credit score, steady business revenue and at least one year in operation. You may also need to provide your most recent bank statements or other financial documents. Keep in mind that different lenders will have different requirements, so be sure to check their eligibility criteria to ensure they’re a good fit.
You can apply online with OnDeck in just a few minutes. We’ll need some basic details about you and your business. We’ll also ask for a few documents, like bank statements to help us determine credit approval.
