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Practice and Equipment Loans

Planning Your Practice Transition seminar:
Wednesday, May 9, 2018
Registration: 8:30 a.m. – 9:00 a.m.
Seminar: 9:00 a.m. – 12:00 p.m. (Breakfast served)
Cost: MDA Members: Free; Non-Members: $125  (Spouses/Guests welcome at no additional charge)
Location: Michigan Dental Association, 3657 Okemos Road, Suite 100, Okemos, MI 48864
RSVP by May 2nd by email: dg.seminar@bac.com or by phone: 614.753.1603

The Michigan Dental Association cordially invites you to a seminar about planning your future. This symposium will guide you through every step: practice evaluations, strategies you should implement to maximize the value of your practice, current market trends, and much more.
Topics of Discussion
● What is my practice worth today?
● How do I structure my transition and what are the tax implications?1
● What type of transition model best suits my particular situation?
● What are the common mistakes most dentists make when preparing to
sell or transition their practices?
● What are the pitfalls of handling my own transition?
● Who will be the most likely purchaser of my practice?
● Should I insist the sale of my real estate coincide with my practice transition?
● What happens to my practice if I die or become disabled?
● Will I be required to offer seller financing to sell my practice?
● Will my practice value be impacted by the baby boomer generation?
● As a buyer, what should I look for when purchasing a practice?
● What is the availability of funding for practice purchase?

LEARN MORE >>

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When you need financing for your dental practice, you want to work with someone who understands your industry. For almost two decades, Bank of America Practice Solutions has helped dentists across the nation reach their goals through smart financial solutions* and expert guidance. Whether you own a practice or are just getting started, we can provide customized financial solutions for your short-term needs and long-term aspirations.

  
    Purchase and start-up:

 
  
    Growth and restructuring:

 
  • Practice sales and  purchases
  • Improvement and expansion financing
  • New practice start-ups   
  • Equipment financing
  • Owner-occupied commercial real estate products§
  • Practice debt consolidation

*    All programs are subject to credit approval and loan amounts are subject to credit worthiness. Some restrictions may apply.
§    51% owner occupancy required.
†    Bank of America may prohibit use of account to pay off or pay down another Bank of America account.
‡    To be eligible for this reduction, applicants must provide association name and membership number at time of approval.
Bank of America is a registered trademark of Bank of America Corporation. Bank of America Practice Solutions is a division of Bank of America, N.A. ©2016 Bank of America Corporation  |  ARJQRYXH

Expert guidance. Personal attention. Real solutions.

Association members receive 50% reduction in loan administration fees.  To learn more, call us toll free at 800.497.6076 Monday through Thursday, 8 a.m. to 8 p.m., and Friday, 8 a.m. to 7 p.m. EST.  You can also visit bankofamerica.com/practicesolutions for more information or to schedule a phone consultation.

 

Townie Choice award winner for Best Practice and Equipment Financing

 

 

 

 

 

 

 

Disclosure

The MDA receives royalties when members use the product or services described above.

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