North Texas Dentistry Special Issue 2016 | Page 13
Wells Fargo
Practice Finance
Our goal is to make you successful without burdening you with unaffordable
payments. We offer long term fixed rate
options and ADA members receive
preferred pricing and benefits.
What do I need to prepare in order
to get qualified for a loan?
Johnette Green
Business Development Manager
[email protected]
How does my student debt impact
my ability to qualify for a loan?
Specialty lenders that offer conventional
loans understand that a new dentist will
have higher student loan debt. With
today’s low interest rates and long fixed
terms, it is remarkably easy for a dentist
to qualify for a practice loan. There are
three requirements that we have to qualify for our practice loans: good credit,
one year experience, and current residency status or citizenship. We do offer
special programs for new grads that have
less than one year experience.
Is it easier to buy a practice versus
starting a practice? How do I know
which direction to choose?
The first step on this part of your career
path is defining your goals. Getting clear
about your short- and long-term objectives allows you to examine the necessary
skil