10.21.2021 - By J. Robert Brooks, CBI, CEPA
Deals can’t get done without financing, but in 2020, for the first time in history, many banks stopped lending to dentists. As the COVID-19 pandemic swept across the country shutting down dental offices, banks shifted their focus to PPE loans, deferments on deals, and reevaluating their lending criteria. There was uncertainty in the market – How would the dental industry be affected? Would practices be able to rebound? Were people going to go back to seeing the dentist?Ben Stewart of Ban...