How To Be Savvy When Borrowing To Fund Your Practice Growth with Kevin Saunders DWI-Ep17

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Ever wondered about the intricacies of dentist loans and the path to financial success? Today, we bring you an enlightening conversation with our guest, Kevin Saunders, an expert in healthcare finance with a deep understanding of commercial finance in the dental sector. Kevin enlightens us on a variety of financial products available to dentists, emphasizes the power of clean banking statements, and provides insight into how individual expenditure and experience in practice management can influence your loan approval.

We venture into the tumultuous COVID era, discussing how it has reshaped dental practice financing. With Kevin, we dissect the detailed process of practice purchases, the effects of the pandemic on these procedures, and the significance of maximizing fees prior to purchase. We also delve into the examination criteria banks use to assess a dentist's potential for replicating the principal's fee level and how various pandemic-induced changes, such as payment holidays and bounce-back loans, are accommodated.

We wrap up with a chat about the vibrant DentistUniversed Facebook group, a thriving community of dentists with a penchant for trading. Kevin shares his journey of guiding dentists to deepen their understanding of finance and investing and encourages everyone to join this dynamic group. So, tune in for an episode brimming with valuable insights, guidance, and a passion for finance in the dental sector. Don't miss a chance to learn from the best!

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