North Texas Dentistry Volume 7 Issue 4 NTD 2017 ISSUE 4 CONV DE | Page 17

Wells Fargo Practice Finance Johnette Green Vice President Wells Fargo Practice Finance [phone] [email protected] Johnette Green has been with Wells Fargo for more than a decade. Wells Fargo Practice Finance helps dentists start, build, grow, and transition their practices throughout their career. Johnette consid- ers herself a champion for the small busi- ness owner. Her customized approach for each dentist is the beginning of an ongo- in g relationship. Wells Fargo offers den- tists a designated Business Relationship Manager that navigate through the cor- rect bank channels to provide the services needed to be successful. P R O F I L E Worried about rising rates? 3 ways to prepare for practice success 1. See where you stand financially. To find out whether you’re ready to take on new debt, contact Wells Fargo Practice Finance for a complimentary financial review and loan pre-qualification. A healthy financial profile, including a well-managed credit score, makes it easier to secure the financing you need to build or purchase a practice. Getting pre-qualified is your first step. 2. Adjust your timing. Consider moving up the purchase of an existing practice or start up of your new practice — and lock in a fixed rate before interest rates increase. Interest rates have been at historic lows since 2008 when the recession began. Now, with a stronger economy, the Fed is raising rates to manage inflation. When rates are rising, locking in a fixed rate can help you avoid higher monthly payments in the future. 3. Develop a plan. Getting clear about your short and long-term objectives allows you to get to the next level and develop your business plan. A business plan is im- portant to your success as a prospective owner because it shows lenders you have a strategic plan in place to build and manage your practice and repay your debt. Get started on your business plan now with our complimentary business plan template. “In the beginning, I knew Johnette was going to be a great fit. She was clear, organized and full of answers to all of my questions. I knew exactly what information was needed from the very beginning of the dental startup loan process and if I had any questions, she was so easy to contact and her response time was incredible. Johnette always made herself available even when she was on vacation. I have heard nothing but great things about Johnette in the industry and my expe- rience has been great. I will recommend her again for future dentists ready to do a startup dental practice.” – Dr. S.D. Frisco, TX “From our first phone conversation I felt very comfortable and felt like you really took time to listen to my vision and about the practice I was trying to finance. Wells Fargo has the most personal touch and customized a loan for me and my practice. Thanks for being a big part of my dream!” – Dr. R.S., Duncanville, TX “I wanted to say thank you for all of your help during the loan process. I was highly impressed by your professionalism and wouldn't hesitate to work with you or your team in the future. Thanks again for all of your efforts.” – Dr. T.B, Denton, TX Our goal is to help dentists like you build a successful and thriving practice. Learn how our customized financing programs, business planning resources and professional support can help you reach your practice goals. Visit us today at www.wellsfargo.com/practicefinance. Wells Fargo Practice Finance is the only practice lender recommended by ADA Business Resources. As an ADA Member, you are eligible for preferred pricing plus complimentary planning tools and resources, and project support to help you achieve your goals. All practice financing is subject to credit approval. Business Refinance Program is for business term debt only. Revolving credit and existing Wells Fargo Practice Finance debt are not eligible for consolidation. Commercial real estate financing is provided by Wells Fargo SBA Lending, subject to credit approval and SBA eligibility. www.northtexasdentistry.com | NORTH TEXAS DENTISTRY 17