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

Dentists Who Invest Podcast

Dentists Who Invest Podcast
How To Be Savvy When Borrowing To Fund Your Practice Growth with Kevin Saunders DWI-Ep17
Jan 13, 2021 Season 1 Episode 17
Dr. James Martin

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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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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.

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