A Smyrna, TN dental practice can finance a CBCT imaging unit, a second operatory's chair package or refurbished equipment with an equipment loan or lease, where the equipment itself secures the payments. The quote sets the amount; the term sets the payment. The practice sends the request through Deltaspring Lending Group; whether to offer anything is a funding partner's call.
What a dental equipment quote can include, a CBCT unit priced over 48 and 72 months, two operatories financed together or a year apart, and refurbished equipment set beside new. Every dollar amount is made up; census counts name their program.
Finance dental practice equipment: what a Smyrna, TN quote can include
A dental equipment quote can list more than the unit: software licenses that are bought once, vendor training, shipping and the trade-in credit for an old unit. Each line on the quote is part of the amount the practice asks to finance, so read the quote line by line before the call. The equipment financing page explains how a lease differs from a loan.
Some costs stay off the quote. Plumbing, air, vacuum and electrical work in the room, and new cabinetry, are construction and sit outside this site even when the vendor offers to arrange them.
County Business Patterns counted 114 offices of dentists with paid employees in Rutherford County, TN in 2023 (NAICS 6212), with 965 paid employees and an annual payroll of $62.1 million.
A separate count, ZIP Code Business Patterns, places 32 offices of dentists at a ZIP 37167 address.
Dental equipment loans for a CBCT unit: 48 months against 72
Illustration only, invented figures: a Smyrna, TN practice gets a $96,400 quote for a CBCT unit and compares two terms at an annual rate of 9.55%.
| Term | Monthly payment | Paid over the term | Interest |
|---|---|---|---|
| 48 months | $2,424.17 | $116,360.16 | $19,960.16 |
| 72 months | $1,764.09 | $127,014.48 | $30,614.48 |
Stretching the CBCT unit to 72 months frees $660.08 a month in this invented example, at the price of $10,654.32 in extra interest. One way to choose is to ask how many years the practice expects to run the unit before its software or sensor is replaced; a term that ends before then leaves years of use with no payment.
Dental equipment financing for two operatories: together or a year apart
Illustration only, invented figures: each new operatory needs a $31,800 package: chair, delivery unit, light, two stools and a cart. Financed together over 60 months at 10.05%, two packages cost $1,352.88 a month.
With the same invented rate and term, one package now costs $676.44 a month, and the second, financed a year later, adds another $676.44. For the first 12 months the practice pays half as much; after that, the two loans together cost $1,352.88, and the second loan runs a year past the first.
Interest at an equal rate and term comes out nearly the same either way. The real differences are outside the math: the price and the rate a year from now may not match today's, and a second operatory that waits a year also waits a year to see patients.
Refurbished dental equipment: points to settle before financing it
Illustration only, invented figures: a refurbished chair package is quoted at $11,900 and a new one at $24,300. The refurbished package over 36 months at 11.1% costs $390.15 a month; the new one over 60 months at 9.55% costs $510.94.
A funding partner may offer a shorter term on refurbished equipment, which is why the invented terms differ. Before financing a refurbished unit, settle these points:
- Who refurbished it, and which parts were replaced
- The serial number, shown on the invoice
- Whether the maker still supplies parts and software updates for that model
- Any warranty from the reseller, in writing
- Service records from the previous practice, if the reseller has them
Dental office costs after a practice purchase are worked through on the dental practices page; a practice-wide cost such as buying out a partner is a term loan question. More articles are on the blog.
By Deltaspring Lending Group · Updated
