Financing a dental transition is much easier today than it was just five years ago. Professional lending institutions, familiar with dentistry, realize the high success rates of well-run dental practices and consider them good risk investments. A strong general economy and low risk investments facilitate very favorable funding.
Transitions Resources, Inc., has developed an excellent relationship with two regional and two national lenders. All of these lenders are familiar with dental transitions and, in most cases, are able to gain approval in 24-48 hours, with entire transition funding approved within a week. Depending on the amount of time the buyer requests for due diligence, the average time from acceptance of the offer to closing is thirty days.
Transition Resources, Inc. has also built an excellent network of attorneys and accountants to assist, if needed, in the transition process. In many cases these professionals remain as the designated advisors to the buyers and sellers after the closing of the sale.