How money moves in this industry
Equipment deposits and fit-out progress payments can arrive well before a new chair generates revenue. Patient payment plans and insurer claims also affect receipts.
A practical example
A dentist expands into a second surgery and needs equipment and fit-out finance before the additional appointments begin.
This illustrates a funding need; it is not a lender eligibility claim or a recommendation to borrow.
Common reasons to explore finance
- Chairs and imaging equipment
- Surgery fit-outs
- Practice acquisition
- Working capital during expansion
Equipment and assets that may be financed
Asset finance depends on the lender's product, the asset, its condition and the proposed term. Examples in this industry include:
- Dental chairs
- X-ray and imaging systems
- Sterilisation equipment
Questions to prepare for a lender discussion
These are useful preparation questions, not a statement that any particular lender accepts this industry.
- What is the utilisation of existing chairs?
- What is the practice purchase structure?
- Which equipment has a documented purchase price and resale market?
Insurance and business continuity
Finance is one part of a business decision. This industry may also need to consider professional indemnity, business interruption, cyber cover, depending on its activities, contracts and legal obligations. Our business insurance guide explains the concepts and links to official Australian sources.