Dental practice finance of up to $250k for clinics in New Zealand

Unlock the potential of your dental practice with our new business finance solution

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Versatile loan finance for dental practices

This is a busy time for oral healthcare providers because we’re becoming increasingly conscious of the health and appearance of our teeth. Yet to remain successful, dental practices need to keep up with current trends and techniques in the profession.

Serving today’s customers, and being prepared for the needs of tomorrow’s, requires keeping a close eye on practice finance. This means that firm control of both cashflow and budgets is an essential component of dental practice management.

Financial planning includes ensuring the practice has access to additional funds when they’re needed. Investment in premises, equipment and staff to generate future revenue often requires access to some form of practice loan.

Versatile loan finance for dental practices

This is a busy time for oral healthcare providers because we’re becoming increasingly conscious of the health and appearance of our teeth. Yet to remain successful, dental practices need to keep up with current trends and techniques in the profession.

Serving today’s customers, and being prepared for the needs of tomorrow’s, requires keeping a close eye on practice finance. This means that firm control of both cashflow and budgets is an essential component of dental practice management.

Financial planning includes ensuring the practice has access to additional funds when they’re needed. Investment in premises, equipment and staff to generate future revenue often requires access to some form of practice loan.

How can Spotcap finance help dentists in New Zealand?

It’s important to find the right approach to dental practice financing. The best finance solution is one that can be tailored to your specific needs, rather than being designed primarily for the requirements of the lender.

Spotcap dental practice loans are different and unique in the following ways:

  • The finance is based on a credit line which you access when your loan application is approved.
  • You decide how much to draw down from this credit line based on your needs and you can make multiple drawdowns.
  • You can repay early without being charged a penalty.

Flexibility is at the heart of the Spotcap dental practice financing solution.

What can Spotcap finance do for my dental practice?

It’s your choice how you make use of the funds we make available to your practice. You can use them to:

  • Upgrade your dental equipment

    To offer the best service, you need to be taking advantage of the latest developments in dental technology. A Spotcap loan helps you to continue investing in the equipment needed to offer the best patient care

  • Refurbish or extend your premises

    A dental practice loan can provide the capital you need to improve your clinic, either by adding new treatment rooms or enhancing the existing workspace. A fresh, new look can be good for staff and customers

  • Invest in a marketing campaign

    Growing your revenue can mean finding new customers or encouraging your existing customers to take more services. A Spotcap practice loan can provide the funds needed to design and deliver promotional activities

  • Protect your payroll

    You can’t afford to let your staff down on payday. If your cashflow is under pressure, it makes sense to have a backup plan in place, which is where a Spotcap line of credit can help you out

Key facts about a Spotcap loan for your dental practice

Loan amount

We help businesses by lending amounts of between $10k and $250k

Loan terms

A Spotcap loans starts as a line of credit. You draw down funds as and when you need them. These withdrawals become loans, usually repayable over 1 to 12 months

Criteria to qualify

Our basic eligibility requirements are: your business must have a turnover of at least $200k, be New Zealand registered and based with a New Zealand online bank account, and have been operating for at least 18 months

Interest rates

Our business loan calculator can help you estimate interest costs and monthly repayments. The rate on your loan will depend on market conditions and your recent business performance

Spotcap calculator

  • Amount
    $ 125,000
  • Time
    6 months

$14,951

Monthly Repayment

For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly Repayment

$14,951

  • Amount
    $ 125,000
  • Time
    6months
For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to request a dental practice loan from Spotcap

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Sign up

We need basic personal and business information to initiate the application process

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Complete the application

To complete your application, upload your bank statements and submit your financial reports, either by uploading them or linking your accounting software

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Get approval

Once approved for a business loan, it takes just one working day to get access to the funds