Practice & Equipment Financing......

Is it time to make your practice more profitable and modern?

Equipment Financing
At Parkway Dental we understand the complex issues that go into modernizing and expanding your practice and we’ll guide you through the entire process.  We have built a solid reputation by assisting new and ongoing practices finance their needs from real estate to construction, equipment, computer systems, and dental supplies.
Here’s what we can do for you:

• Provide low rates and competitive financing packages
• Offer flexible programs and terms
• Leasehold improvement funding
• Working Capital
• Real Estate and Construction financing

Our financial services can:

• Pre-qualify you for loans up to $400,000 on an application alone.
• Customize payment schedules to fit your cash flow needs.
• Provide support and guidance in creating a business plan, budget, and cash flow model that allows your practice to prosper.

Practice Financing

Parkway Dental can match you with an existing practice so you can immediately start practicing dentistry.
Acquiring an existing practice can be a professionally rewarding and financially sound decision.  Here are some of the benefits of acquiring an existing successful practice:

• Immediate Patient Base
• Existing Presence in the Community
• Experienced office staff
• Functioning operatories
• Established billings and receivables

And here are the critical services that we can provide to our clients looking to purchase an existing practice:

• Real Estate Financing
• Working Capital Management
• Deferred and graduated payment programs 
• Quick approval process
• Facility re-fitting and construction

Clients who purchase an existing practice can find an immediate increase in their available income together with the ability to begin debt reduction payments.  This can reduce the pressures associated with starting a new business and allow you to immediately focus your attention on your patients.

And there are potential Tax Benefits when you finance your equipment and practice acquisitions through Parkway Dental.  Please contact us for additional information.

IRS Section 179
Acquire capital equipment in 2007 and you are most likely able to deduct up to $112,000!  Capital leases qualify for a tax deduction in the years they are placed in service.  Any excess above the allowable deduction can be depreciated over five to seven years depending on the type of equipment.

Additional amounts may be expensed as per applicable depreciation schedules.

IRS Section 44
The Americans with Disabilities Act provides a  Disabled Access Credit that allows you to take a tax credit for costs incurred in making you premises accessible to disabled persons.  Up to $5,000 can be taken against your 2007 tax liability.

Building a New Office

Existing tax laws generally require that leasehold improvements to buildings be depreciated over 39 years.  An exception has been “qualified leasehold improvement property.” Those improvements can be depreciated over a shorter 15-year period.  Consult your accountant to see if you qualify for this accelerated write-off.