Coppermead Business Funding, a small-business funding service in Springfield, Ohio, explains dental office loans for Clark County practices: dental equipment loans, dental office acquisition, working capital and build-outs. It uses Census counts for dental offices and shows the records funding partners read and a worked acquisition example.
At a glance
- Dental offices with employees, Clark County, OH
37 (CBP 2023)
- Employees
288 (CBP 2023)
- Annual payroll
$15.7 million (CBP 2023)
Dental Offices on the Clark County, OH 2023 Employer Rolls
Clark County had 37 offices of dentists with paid employees in 2023, employing 288 people with $15.7 million in annual payroll; 29.7% had fewer than five employees (Census Bureau, County Business Patterns 2023). A separate program counted 11 dental practices without paid employees in 2024 (Census Bureau, Nonemployer Statistics 2024). ZIP 45502 had 3 dental employers (Census Bureau, ZIP Code Business Patterns 2023).
Payroll per employee worked out to about $54,667 (our arithmetic), above the county's all-sector $46,894.
Springfield, OH Dental Equipment Loans
Dental equipment loans cover chairs and delivery units, digital X-ray and cone beam imaging, intraoral scanners, sterilization and lab equipment. The equipment secures the loan, and partners read the vendor quote, the practice's collections and the equipment's expected life.
The equipment financing page compares a loan with a lease, including what happens when technology is replaced before the term ends.
Dental Office Acquisition for Clark County, OH Businesses
Dental office acquisition is a purchase a partner reads in depth. The partner reads the selling practice's collections, patient count, payer mix, hygiene production and lease, the purchase agreement, and the buyer's license and experience. It wants to see that collections, after the buyer's own pay, cover the loan payment.
Illustration only, invented figures: a dentist agrees to buy a practice for $900,000 and puts in 10%. The loan is $810,000; at an invented 8.5% annual rate over 10 years, the payment is about $10,043 a month, about $120,514 a year (our arithmetic). The rate here is invented to show the math, and no partner has quoted it.
What to Know About Dental Practice Loans in Clark County, OH
Dental practice loans in Clark County are read like other health care loans, with three dental-specific points: hygiene production as a share of collections, the patient count that transfers with a sale, and the condition of the operatories. Bring production and collections reports by provider.
- Twelve months of bank statements
- Production and collections reports
- The latest business tax return
- The lease
- Equipment list with ages
Dental Business Loans: What Springfield, OH Owners Should Know
Dental business loans also cover payroll between insurer payments, supply orders and marketing. A working capital loan covers a one-time gap; a line of credit covers repeat ones. Partners read the receivables aging by payer.
Can I Get a Dental Loan? A Clark County, OH Answer
A dentist can get a business loan for a practice. The loan is made to the practice entity and read on its collections, with the dentist's license, experience and credit alongside. A dentist starting from scratch has no collections to show, which is why acquisitions and expansions are the purposes covered here.
What to Know About Dental Clinic Loans in Clark County, OH
Dental clinic loans for a multi-provider clinic follow the same pattern at a larger scale: more operatories, more providers, and more complex payer contracts. A clinic adding a location brings bids for the build-out, the lease for the new space and a projection based on the existing location's results.
The Springfield, OH zoning and building permit guide covers permits for a build-out.
Build-Outs and Second Locations in Springfield, OH
A build-out is a term loan purpose, with the equipment for the new operatories financed separately or in the same request. Partners ask for contractor bids, the permit status and the lease. Timelines depend on the landlord, the contractor and the permit office, so plan the funding request around the signed lease.
Dental Technology Upgrades in Springfield, OH Practices
Imaging and scanning equipment is replaced as technology changes, sometimes before a loan on it would end. Before financing, ask how long the practice expects to use the unit, whether the vendor offers trade-in terms, and whether a lease with an upgrade option costs more or less in total dollars than a loan. Read the end-of-term terms on any lease closely.
- Total of all payments, plus any buyout
- What happens if the unit is replaced early
- Who pays for service contracts and repairs
- Whether software licenses are included
What a Partner Reads in a Dental Purchase Agreement
Beyond the price, the partner reads what is included: equipment, supplies, patient records arrangements, the name, any non-compete from the seller, and how the seller will help with the transition. It also reads the lease assignment, because a practice without a secure location is worth less to a buyer and to a funder.
Physician, Chiropractic and Therapy Pages Next Door
Physician offices have their own page, and chiropractors, therapists and optometrists theirs. The industries page lists every trade, and the Springfield, OH figures page has the county numbers.
By Coppermead Business Funding ยท Updated