SBA Loans for Dentists
36,078 SBA loans have funded dentists nationwide, averaging $468K across 1,473 active SBA lenders, at an average note rate of 6.3%. SBA 7(a) loans up to $5M fund buying an existing dental practice and building out a new operatory or office; SBA 504 loans cover owner occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and sources capital for a dental practice.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 621210), 2000 to present.
36,078
SBA Loans Funded
$468K
Average Loan
6.3%
Avg Note Rate
14 yrs
Avg Term
1,473
Active Lenders
4.6%
Charge Off Rate (resolved loan basis)
What dentists use SBA loans for
Where dentists get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 6,815 | $3.6B |
| Texas | 3,012 | $1.6B |
| New York | 1,901 | $605.6M |
| Florida | 1,763 | $992.3M |
| Washington | 1,254 | $623.7M |
Talk to PeerSense about SBA capital for a dental practice.
Tell us your loan amount and use of funds. PeerSense sources capital for a dental practice, anywhere in the US.
SBA 7(a) / 504, Dentists: The desk will reach out. No obligation.
How dentists qualify for an SBA loan
SBA 7(a) loans are the most common path for dentists financing buying an existing dental practice. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner occupied real estate and heavy equipment, typically at 10% down.
With 36,078 loans on record across 1,473 lenders and a 4.6% historical charge off rate, dentists are a well understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and sources capital through a curated network, then stays with you through closing.