If your dental business accepts at least $5,000 in credit card sales every month then you could be approved for unsecured business financing at MCC. See below for funded merchants in your industry whom MCC has provided small business funding to:
Merchant: Dental Practice
MCA Amount: $40,000
Highlights: Merchant Cash and Capital advanced $40,000 to a dental practice located in Texas, with time in business since 2003. This merchant has been performing 6% ahead of pace on its previous advances, so MCC did not hesitate to provide the practice with its 7th business cash advance. The merchant plans to use its funds to purchase new equipment to provide its patients with a visual report on the health and status of their teeth. The merchant believes this will boost his business as patients will be more inclined to treatment with visual proof.
MCA Amount: $100,000
Highlights: Merchant Cash and Capital advanced $100,000 to two orthodontists operating out of California. The business has multiple locations and has been operating since 2003. The business processes $90,000 a month in credit card sales and $196,000 in monthly gross revenue. The practice has a fairly large staff with eight employees on the practice’s payroll. These business savvy orthodontists draw revenue through various marketing techniques for their practice. They invest close to $147,000 in advertising a year to help promote business exposure. The merchants plan to use the funds to continue its online advertising campaigns. This will be the first merchant cash advance for the orthodontic practice and MCC is glad to help this merchant with its business expansion