Financing your new or growing dental office
When planning your practice, you need a lender you can rely on. The following lenders are proven partners that have helped our clients build successful practices.
Financing your new or growing dental office
When planning your practice, you need a lender you can rely on. The following lenders are proven partners that have helped our clients build successful practices.
Panacea Financial (Panacea) is a financial services company for doctors, created by doctors. Panacea understands your banking needs because they’ve been through it before.
Panacea's mission is to make doctors’ lives easier through three tenets:
1
Trust Doctors as Borrowers
Being a doctor is the most important thing about your financial maturity, not a credit score or debt amount.
2
Defend Your Time
All of Panacea's processes are focused on protecting your most precious commodity: time. That’s why they’re available around the clock, to be there when you need them, not just 9 to 5.
3
Enhance Financial Freedom
By providing a personalized banking experience specifically for physicians, dentists, and veterinarians, Panacea can help you overcome the financial stress of training and practice.
When you need financing for your dental practice, you want to work with someone who understands your industry. For over twenty years, Bank of America Practice Solutions has helped dentists across the nation reach their goals through smart financial solutions1 and expert guidance. Whether you own a practice or are just getting started, we can provide customized financial help for your short-term needs and long-term aspirations.
Purchase and start-up:
- Practice sales and purchases
- New practice start-ups
- Owner-occupied commercial real estate products2
Growth and restructuring:
- Improvement and expansion financing
- Equipment financing
- Practice debt consolidation3
Expert guidance. Personal attention. Real solutions.
Association members receive 50% reduction in loan administration fees.4 To learn more, call us toll free at 800.497.6076 Monday through Thursday, 8 a.m. to 8 p.m., and Friday, 8 a.m. to 7 p.m. EST. You can also visit bankofamerica.com/practicesolutions for more information or to schedule a phone consultation.
- All programs are subject to credit approval and loan amounts are subject to credit worthiness. Some restrictions may apply.
- For Owner-Occupied Commercial Real Estate loans (OOCRE), terms up to 25 years and 51% occupancy are required. Real Estate financing options are subject to approval and product availability is subject to change. For SBA loans, SBA eligibility and restrictions apply.
- Bank of America may prohibit use of account to pay off or pay down another Bank of America account.
- To be eligible for this reduction, applicants must provide association name and membership number at time of approval.