Dentists’ funding ambitions for 2020

Dentists feeling optimistic about fundingOptimism is often a defining quality of the start of the new year – but how optimistic are businesses feeling? Aileen Boyle takes a closer look.

According to research from Braemar Finance commissioned in the second half of 2019, dentists were relatively positive about their prospects over the forthcoming 12 months, with a quarter of dentists expecting their practices to expand compared to 19% who predicted they will either contract or close down entirely.

The remaining 56% anticipated business would remain static.

On a more macro level, 62% of SMEs in the UK planned to seek funding for business investment.

Which is a figure remaining surprisingly constant for a number of years.

Despite the economic and political uncertainties experienced in recent times.

A search for ‘finance for dental practices’ will return a number of options for firms catering specifically for practices.

Whether you require a loan or asset finance, there are plenty of options.

What are the funding options available to dentists?

  • Unsecured business loans are available to assist when you need to borrow funds to invest in your business
  • Tax loans help to spread the cost of a tax demand into more affordable monthly payments
  • Consolidation and refinancing loans help to combine various existing agreements, credit card balances and other regular finance repayments over a term to suit, easing cash flow
  • Hire purchase allows outright ownership of the asset. This enables you to spread the cost over a term that suits you
  • If you want to maximise the use of your equipment without the responsibility of owning it, Leasing will give you the freedom and flexibility you need
  • Patient finance is a simple online solution that offers patients manageable monthly payments to fund the treatment or procedures they need.

For more information visit

Get the most out of your membership by subscribing to Dentistry CPD
  • Access 600+ hours of verified CPD courses
  • Includes all GDC recommended topics
  • Powerful CPD tracking tools included
Register for webinar
Add to calendar