Limited time offer ends March 31, 2022

Sales and acquisitions loan advantages:
• Financing solutions to help first-time or established owners acquire additional locations
• Principal reduction and early payoff options
• Fixed rates and flexible terms, up to 15 years1
• Additional working capital option

Limited time offer ends Dec. 31, 2021

Practice startup loan advantages: Practice startup loans
• All-inclusive financing that addresses everything from office design and equipment installation to training, supplies and working capital
• Fixed rates and flexible terms1
• Interest-only options to assist with the growth of your practice

Visit or call 800-497-6076 to learn the details of this special limited-time offer for MDA members.

1 All programs subject to credit approval and loan amounts are subject to creditworthiness. Some restrictions may apply. The term, amount, interest rate, and repayment schedule for your loan, and any product features may vary depending on your creditworthiness and on the type, amount, and collateral for your loan. Bank of America may prohibit use of an account to pay off or pay down another Bank of America account. Repayment structure, prepayment options and early payoff are all subject to product availability and credit approval. Other restrictions may apply. Products and restrictions are subject to change.
2 For the limited time beginning with applications submitted on July 1, 2021, and ending with applications submitted on or before September 30, 2021, and interim projects opened by January 31, 2022, can take advantage of a 2.99% per annum fixed rate of interest for the life of the loan on qualifying approved Practice Solutions secured term Start-up loans only. Start-up loan may be for a first, second or third start-up location. Promotional offer excludes: practice expansions, practice relocations, practice renovations and practice acquisitions (Shells & Jumpstarts). A prepayment fee will be applicable during the first five years of the loan term. Excludes Practice Solutions lines of credit, refinances of existing Practice Solutions loans, commercial real estate loans, equipment loans and any product that contains a variable rate. To be eligible for the fixed interest rate offer of 2.99% per annum for the life of the loan the borrower, before loan closing, must have a demand deposit account with Bank of America that will serve as the primary business operating account of the borrower, and which demand deposit account must be maintained for the life of loan. If the borrower fails to maintain this demand deposit account with Bank of America at any time during the life of the loan, this promotional rate shall terminate, and the interest rate for your loan will increase by 1.00%. Promotional rate is not applicable during the project phase of the loan, and during the project phase, the interest rate will be a per annum fixed rate of 12.00% for first time practice owners, and a competitive market rate for established practice owners.
♥ Bank of America Practice Solutions makes no express or implied warranties with respect to any aspect of the Practice Heartbeat® program, nor does it guaranty any success or promise any results, and hereby disclaims the same to the extent allowed by law. The opinions of Bank of America Practice Solutions are based upon prior experience, and it makes no promise or guaranty that you will achieve any particular measure of success or results by participating in the program. You are not bound by any recommendations provided under this program and retain full responsibility for the results achieved by your professional practice.
All promotional and marketing materials are Bank of America, N.A. property and, as such, cannot be changed, altered or modified, orally or in writing. All questions regarding these materials should be directed or referred to a Bank of America Practice Solutions Sales Associate.
Bank of America and the Bank of America logo are registered trademarks of Bank of America Corporation. Bank of America Practice Solutions is a division of Bank of America, N.A.
©2021 Bank of America Corporation. MAP3659387 | 07/2021


Since 1996, Bank of America Practice Solutions has helped dentists across the nation reach their goals through smart financial solutions and helpful guidance.

Whether dentists are starting a practice or expanding to new horizons, customized financial products are available to help turn their dreams into reality.

Starting a practice is one of the greatest accomplishments in a dentist’s career, but it can also be one of the most challenging. As with any new business, these challenges come early, particularly with securing a loan, staffing, and building a strong marketing plan to fill the operatories. Conquering these obstacles becomes far more manageable with an experienced lender.

The unique Start-up financing offered by Bank of America is an all-inclusive package, including:

  • Flexible rates and flexible terms
  • Optional rate lock to protect against interest rate changes
  • Interest-only and graduated payment options to give ample time to grow without cash flow restrictions

As a national lender, Bank of America not only offers a strong lending solution for new startup practices, but also compliments the loan with turn-key business solutions such as merchant services, easy check deposits, business checking and online banking. Working with a lender that offers a full suite of products to help fulfill a dentist’s banking needs from top to bottom can be helpful when transitioning to practice ownership.

Bank of America focuses on three phases of starting a new practice:

Phase one is obtaining loan approval with the ability to lock in the borrower’s interest rate for up to 4 months, while finalizing leasehold or real estate space.

Phase two happens post lease signing, during the construction period. During this time, borrowers can make payments daily to vendors for construction, equipment, and marketing for up to 10-months of the project period, guarding against any potential construction delays.

Phase three occurs once the practice opens for business. New practice owners benefit from Bank of America’s complimentary Practice Heartbeat program the management, analytic and competitive skills crucial to practice ownership.

To learn more about practice startup loans and current promotional rates available through Bank of America, visit or call 800.497.6076.

Work with someone who understands dentistry

When you need financing for your dental practice, you want to work with someone who understands your industry. For over twenty years, Bank of America Practice Solutions has helped dentists across the nation reach their goals through smart financial solutions1 and expert guidance. Whether you own a practice or are just getting started, we can provide customized financial help for your short-term needs and long-term aspirations.

A certified public accounting firm that specializes in dentistry can bring a higher level of insight to its accounting and tax preparation services. Dental Business Specialists, part of the The DBS Companies is endorsed by the MDA because of its expertise in dentistry.

DBS now has offices in Bay City, Clarkston, Saginaw, Flint and Petoskey better serve dentists around the state. CPA John Looby and his brother Mike Looby have had extensive experience working with dentists prior to joining DBS in 2020.

Among the services DBS can provide are:

  • Performance benchmarking
  • Tax planning/mitigation strategies
  • Detailed monthly financial statements
  • Business consulting services

Often, effective tax planning involves the creation of a retirement savings account.
DBS Investment Advisers, LLC can assist with such needs, and is endorsed for wealth management services by the MDA.

Tax planning and investment advising can be a seamless experience with the DBS family of companies.

DBS is offering a discount to new MDA clients using its tax and accounting services. To reach DBS, please call 800-327-2377 or visit



The MDA receives royalties when members use the products or services of the endorsed vendors that appear on the pages of the MDA Services section of this website.