Be your own landlord?
We finance leasehold improvements or remodelling along with interior and exterior improvements. We also fund real estate when it is part of a dental practice purchase or after the dentist is established in a neighbourhood and wants to own rather than lease the premises.
Modernize your equipment and stay competitive
Do you want to enhance your dental operations and keep your working capital intact? We finance equipment that is vital to the functionality of your practice, including Cerec equipment, dental x-ray, diagnostics and chairs. We put in place predictable payment plans that maximize your cash flow. We finance all types of healthcare equipment with a minimum loan value of $5,000. Terms are based on the useful life of the equipment.
Lending money is what we do
When it comes to funding, dentists have a wide selection and access to competitive rates. For this reason, we offer unique financial solutions. We are able to offer longer terms and amortize the loan over an extended period to improve cash flow and monthly payments. When dentists come to us, we often see short-term loans and credit cards used to purchase equipment and grow the business. Refinancing gives these dentists the option to roll everything into one. Dentist refinance to enhance cash flow and obtain better terms with a lender that understands dental practices everywhere in Canada.
For refinancing, we need to know how much your dental practice is worth. We often receive valuations from dentist seeking financing. We finance based on goodwill – a multiple of cash flow and this is often different from a valuation. The valuation of a dental practice considers tangible (equipment, fixtures, etc.) and intangible assets (goodwill). Our financing is primarily based on cashflow. If you have a question for a member of the finance team, connect with us.
Life after dentistry – the next frontier
Whether you retire or take on other interests, bring CWB Maxium Financial into the conversation with your financial advisor and lawyer early in the planning process. We have an accurate view of a dental practice sale price and can usually find the seller a buyer with pre-approved financing.
Our good reputation, large client base and solid healthcare networks across Canada give us the opportunity to work with dentists looking to sell and buy. CWB Maxium Financial buyers are usually pre-approved and will have the proper financing to execute on the deal.