Navigating Dental Practice Financing and Ownership with Tom Angeloni from Bank of America
Ash sits down with Tom Angeloni from Bank of America to discuss the financial aspects of dental practice ownership. The conversation covers essential advice for dental students and associates considering startup practices or acquisitions. Tom explains the importance of deciding if you truly want to be a practice owner, as this involves not just dentistry but also business management and staff leadership.
They discuss what lenders look for, including reasonable financial habits, maintaining a good credit score, and having enough liquidity, ideally about 10% of your loan request. Tom clarifies…
The skinny
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