May 28, 2014
Dental Practice loans. Great way to provide expansion capital for your business.
Tax time is here and many business owners are not as excited as individuals who file and are expecting a large tax return, especially a business that will owe taxes to the IRS.
Many dental practices find after getting their taxes done that they will owe money to the government. The fact that additional cash flow is needed many businesses are unable to find the money they need to pay their taxes through traditional sources such as banks.
Once funding is available through a bank statement loan the dental practice may use the funds for any purpose. Pay bills, pay taxes, expansion, pay staff, buy new and used equipment.
Many alternative funding companies do exist such as Small Business Loans Depot. These business have various types of programs that can generate cash flow for many businesses and allow them to use their current used equipment assets.
This is an idea program for dental practices looking to do various types of things for their businesses.
Right now due to an uncertain economy, businesses need additional cash flow. Business owners cannot expect to go to a bank and receive unlimited amounts of cash to fund their business plans.
Some dental practices still feel they have the ability to go to their bank and find the additional cash flow to pay bills, taxes or fund their expansion plans. Once they apply and are denied they find themselves in a very dire situation and unable to operate without any cash flow.
When dental practices expand using additional cash flow, it is a very good investment.
The first thing most business owners do is to buy additional inventory. This is a good way to pay for additional marketing and advertising to supplement the additional inventory.
When companies need alternative funding, Small Business Loans Depot is a good way to provide additional cash flow through its specialized sale leaseback program The sale leaseback program generates cash for small businesses using their current used equipment assets.
The program is ideal for dental practices looking to expand or hire new staff or purchase new equipment.
The process involves using many types of equipment assets common to businesses as collateral. Up to 80 % of current value of equipment may be obtained.
This involves using a fast, easy and convenient way to obtain capital with a one page application. There are significant tax advantages that are geared to assist the business owner.
For details, contact Ro Beasley for details at Small Business Loans Depot.