Industry
Dental Practice Loans
We’re here to help grow your dental practice with an SBA loan
Home » Industries »
Being a dentist isn’t all smiles when you’re juggling equipment costs and payroll
Running a dental practice comes with its fair share of financial challenges. Dentists not only face high startup costs, including expensive equipment and office space, but also struggle with finding and retaining patients, especially post-pandemic. Staffing shortages, particularly for dental hygienists, continue to strain budgets as wages rise. Add to that the growing demand for advanced technologies like 3D printing and laser dentistry, which improve patient care but require significant investments. Managing these financial hurdles requires strategic planning, capital and adaptability, making dentists modern-day entrepreneurs with drills instead of business suits!
With dentistry on the rise, financing can help your practice rise with it
The dental industry is evolving rapidly, driven by technological advancements and increased patient demand for specialized services. Recent data shows promising growth:
- The U.S. dental services market is projected to grow by 6.24% by 2032
- Cosmetic dentistry is expected to surge by 13.5% by 2030
To stay ahead of these trends, dental practices need capital to expand, purchase new equipment, and hire additional staff. First Bank of the Lake can help you secure the financing needed to keep up with the market.
Whether you’re upgrading equipment, expanding your office, or covering operational costs, SBA loans offer the financial flexibility to meet your goals. SBA 7a loans provide accessible working capital for cash flow management, hiring, and tech upgrades. For larger investments, like acquiring office space or new equipment, SBA 504 loans offer long-term, fixed-rate financing—keeping your focus on growth, not short-term repayments.
At First Bank of the Lake, we specialize in SBA 7a and 504 loans for dental professionals. With over $1.1 billion in SBA financing provided, we understand your challenges and offer a warm, professional approach to help you find the right SBA loan to grow your practice.
The Numbers
in Loans 2024
Largest SBA Lender^
Small Businesses Helped 2020-2024
It's Easy to Get Started
Contact Us
What Type of Loan?
Find out more about the SBA loan application process from our advisors determining what type of loan you need.
Assemble Your Documents
Put together an SBA loan application with the supporting documents.
Submit Your Application
Submit your SBA loan application.
The First Bank of the Lake rep and I bonded over faith, fishing and finance. They got my loan done in under 30 days in very, very trying circumstances.
Issac Reed
President, Reed’s Moving Services
If we ever need business capital, my first call would be to First Bank of the Lake. Why would I look elsewhere?
Barry Norfleet
Co-founder, Lifetime Green Coatings - Kentucky
I got my $345,000 SBA loan approved from First Bank of the Lake in 35 days!
Kasia Anderson
President, Woof Gang Bakery - Bradenton, FL
First Bank of the Lake was the best banking experience I have ever had.
Andy
Co-founder, President, Winter Park Ski Rental
The bank process was as easy it could be. The biggest thing is how transparent and reliable they were.
Tyler Green
Co-founder, President, Freelite AZ
My First Bank of the Lake rep was great – Easily the finest banker I have dealt with in my life.
Dan Billings
President, Tint World - San Antonio
Big thanks to Emil and the First Bank of the Lake team. I would recommend them to anyone else in a heartbeat and I would absolutely use them again.
Rock Katic
President, Perfect Moving
SBA Industry Loans
Talk to an SBA Dental Practice Loan Expert Today
We made $600MM in SBA loans in the last year alone
