Dental Practice Funding


Business Finance for Dental PracticesAre you looking for funding or a business loan for a dental practice? PDQ Funding helps professional dentists across the UK to secure finance with our alternative business loan funding solution.

The UK dental sector has seen significant growth in recent years, due to the demand in cosmetic treatments.

In 2019 Christie & Co Dentistry report was issued about the current state of of the UK dentistry market and the way it is dominated by Independent dentist practices and their strong market dominance polls with over 8000 independent practices nationwide. Results show there are around 2,500 small dentist groups and only 1,500 corporate dentist practices.

Data suggests that while there’s still a high demand for all types of dental practices regardless if they are NHS or Private providers, the focus is now concentrated on service quality and practice location.

Dental Practice Finance

Running a successful Dental or Orthodontics practice is a balancing act between meeting the needs of patients and keeping a close eye on the practices finances. Pressure on your working capital could be coming from any direction. There could be unexpected operational costs, paying your staff or upgrading to new generation technology. As experts in dental clinic finance and funding we know this is where things get difficult.

Short-term dental practice finance loan alternatives can help. By quickly providing you with the necessary funds that is needed in that emergency!  Merchant Cash Advances allows you to cover all of these expenses without the need to compromise on quality or timing delivering the right type of finance for dentists when needed the most.

  • Upgrade your equipment: Clinics strives to bring the best to its patients, and for that you need the right equipment. With extra financing there is no need to compromise your choice of equipment.
  • Refurbish your premises: Planning to refurbish your practice? Business cash advances can help you invest in refurbishing without the need to cut back on other expenses.
  • Investment in Staff : Whether it’s recruiting a highly sought-after specialist, or nurturing the staff you already have with additional training, PDQ Funding can help you bring a smile and not just to your patients.

Funding for Private Dental Practices

As a leading lender to dental clinics we have built a great reputation with NHS and Private dental practices. Making sure that that your private or NHS dental practice has everything it needs to grow and operate successfully each day isn’t a simple matter. From operating costs, equipment, staff to rent, there are so many things you need to pay for. However, there’s no need to manage it all by yourself, not when there are plenty of funding opportunities available that can help relieve the strain upon your finances.

We have supported over 100 practices with loans for dentists since we started in 2010, we are confident we can help with your growth plans in the world of dentistry.

Types of funding for Dental Practices

There are two types of funding for dental practices that deliver funding direct to the business, we have not included equipment finance (Asset finance) as we offer only a cash solution to the business, lets take a look at the following types and solutions available in 2021 to practitioners.

The types of finance open are 1. Business Loans and 2. Merchant Cash Advance.

Both these types of funding are available for NHS dental practices, and both of these solutions have their own advantages and disadvantages.

Business Loans for UK Dental Practices

Whether you need to invest in practice growth, deal with a cashflow shortfall or provide working capital, a business loan alternative is perfect for any dental practice in the UK. Loan repayments for dentists usually have a term time of 1 to 18 months, depending on the sums involved.

Unsecured business loans mean more risk for lenders. Because of this they they are have higher interest rates than secured business loans. This means your dental practice may have to pay more over the life of the business loan than it might have done for a secured loan.

A number of dentists have chosen PDQ Funding as their finance provider, with the speed and flexibility of our small business finance proving the ideal fit for dental practitioners. Our dental practice loans for dentists funding solutions can be used for any purpose, from a major refurbishment to the installation of equipment, and all come with flexible features as standard.

Our dental practice loan interest rates start at : 0.9% to 2.9% (from 10.8% per annum) and offer the following great benefits:

  • Practice funding of £5,000 – £200,000
  • Unsecured and secured borrowing options
  • Flexible repayment terms of 3 – 48 months
  • Speedy application with minimal paperwork
  • Approval and deposit in as little as 24 hours
  • No hidden fees or early-repayment penalties
  • Interest charged on a reducing balance, not the total loan amount
  • Repayment holidays and top-ups available with all loans
  • Exclusive discounts on industry-leading business services

How Does Dental Practice Finance Work

Paying your dental team to purchasing new equipment, your dental practice needs a consistent source of cash flow is needed in order to operate effectively. This type of finance is designed to meet the specific needs of local dental practices. PDQ Funding lets you quickly and easily access the working capital you need to run and grow your business. This alternative finance solution is fast and flexible and all without the downsides that are associated with a bank loan.

Regardless if your practice is NHS or private, funding limits are dependent on your business needs and the turnover of your practice. NHS dental practices and private dental practices can borrow between £5,000 and £200,000 unsecured and without risk to the dentist personally.

As this is not technically a business loan, it is paid back using a small, agreed upon percentage of your monthly credit and debit card sales unlike a fixed monthly amount with a business loan. Meaning that when your business is good, you will pay more. When times are slow say over the Christmas period and your revenue is down, you will pay less.

The end result is simple, predictable financing that lets you focus on helping your patients and running your business. This type of funding is without the usual headaches of a conventional small business bank loan or line of credit. Dental practice funding is available for small and medium sized UK dental practices that seek a flexible source of alternative financing.

Business Cash Advances for Dentists

Fast and Flexible all-inclusive costs that will never change.

  • Over 90% approval rate for dentists
  • Approved within 24 hours
  • No hidden charges
  • Personal Security or business plans are not required
  • Apply for a business cash advance online in minutes
  • Flexible repayments based on your debit & credit card sales
  • Authorised and regulated by the financial conduct authority

Dental Business Cash Advance Am I Eligible?

  • Your dental practice must be trading for a minimum of 6 months.
  • Must take credit and debit card payments
  • Minimum monthly credit and/or debit card sales of £5,000.
  • Be based in the UK
  • Be a Limited Company, Partnership or Sole Trader


What if my Dental Practice has Bad Credit?

If your dental practice has bad credit, everything is not lost. Yes the number of financing options maybe be reduced but there are still a number of funding options still available.

As a business owner you can take to improve your business credit score. A number of steps include paying invoices on time, communicating with suppliers if you are struggling to make payments on time. Business owners should check their business credit score every month , which is a great start to trying to solve cash flow issues.

Apply Today For A Practice Loan 

As we have arranged funding for many dental practices and understand the dental industry, we know the financial obstacles that dentists face.  A business cash advance loan can be put in place within 5 working days, and the funding placed with your bank account. Apply today for one of our dental practice loans for dentists, once received we will forward your practice a quotation

Step 1:

Click to apply for a quick quote. You will be redirected to a page where we will ask for more information about your dental practice, including:

  • The name of your dental clinic
  • The number of years your dental clinic has been trading
  • Your dental clinic’s average monthly turnover
  • The amount you are wanting to borrow

Step 2:

The next step involves disclosing your personal details, please be ready to tell us:

  • Your title, first name and surname
  • Position in the business
  • Registered office address
  • Company number
  • Contact details

Step 3:

Carefully read through the terms and conditions and click ‘get my quote’. From here your application gets reviewed by one of our approved business finance suppliers, who will help find the best lender for your dentist loan.

Step 4:

Please expect a call and email from one of our dedicated account managers to discuss the terms of your loan agreement.

Step 5:

Carefully read through the terms of agreement and sign the relevant documentation ready to return to PDQ Funding. From there you will be able to access the funds in your account in just 24 hours

Frequently Asked Questions

What are dental practice business loans?

Business loans for dentists is a form of unsecured business loan which is aimed towards businesses in the dental services industry. They are essentially business loans that can be used by dental practices to help pay for expensive dental equipment or funding the growth of the clinic.

How can I get a dental practitioner get a business loan?

If you’re looking for a business loan in the UK for your dental practice, you can get one via a broker, lender or a high street bank. You can apply for a business loan online by filling out an online application and choosing how much you wish to borrow. The application will require information about your dental practice, how much you want to borrow, some personal details and contact information. Next, an account manager will be in contact with you to speak about your applications and walk you through the process of receiving business finance.

Do you need to be a NHS or private dental practice to get dental practice finance

We support both NHS or Private practices with a business loan or a merchant cash advance. Both types of practices can apply for finance from PDQ Funding

Financing new start dental practices

Sadly we don't fund new start dental practices, but we have a solution that can help, with starting your journey as a owner of a surgery.