Dental Practice Acquisition Loans: What You Need To Know In 2023

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Acquiring a dental practice can be an exciting step in your career, but it also comes with its own set of challenges. One of the biggest challenges is financing the acquisition. This is where dental practice acquisition loans come in. In this article, we’ll discuss what you need to know about these loans in 2023.

Types of Dental Practice Acquisition Loans

There are two main types of dental practice acquisition loans: traditional bank loans and Small Business Administration (SBA) loans. Traditional bank loans require a good credit score and a significant down payment, while SBA loans are backed by the government and have more lenient requirements.

Traditional Bank Loans

If you choose to go with a traditional bank loan, you’ll need to have a solid business plan and financial projections to show the lender. The bank will also assess your personal credit score, assets, and liabilities to determine your eligibility for the loan. You will likely need to put down a significant down payment, which can range from 10-30% of the total loan amount.

SBA Loans

SBA loans are a popular option for dental practice acquisition financing. They offer longer repayment terms and lower down payments than traditional bank loans. To qualify for an SBA loan, you’ll need to have a credit score of at least 680 and a down payment of at least 10%.

Factors to Consider When Choosing a Loan

When choosing a dental practice acquisition loan, there are several factors to consider:

Loan Amount

Make sure the loan amount covers the total cost of the dental practice acquisition, including equipment, staff, and any other expenses.

Interest Rates

Compare interest rates from different lenders to find the best rate for your needs. Keep in mind that interest rates may vary depending on your credit score and the type of loan you choose.

Repayment Terms

Consider the length of the repayment term and the frequency of payments. Make sure the repayment schedule is manageable for your cash flow.

Collateral Requirements

Some lenders may require collateral, such as your home or other assets, to secure the loan. Make sure you understand the collateral requirements before applying for the loan.

Benefits of Dental Practice Acquisition Loans

Dental practice acquisition loans offer several benefits:


Acquiring a dental practice allows you to become a practice owner, which can be financially rewarding and provide more control over your career.

Immediate Revenue

Acquiring an existing dental practice means you’ll have an established patient base and immediate revenue. This can help you avoid the time and expense of building a practice from scratch.

Professional Growth

Acquiring a dental practice can provide opportunities for professional growth and development. You’ll have the chance to expand your skills and knowledge as a business owner.


Dental practice acquisition loans can be a great option for financing the acquisition of a dental practice. Consider your options carefully and choose a loan that best fits your needs and financial situation. With the right loan, you can achieve your goal of owning and operating a successful dental practice.