The Dental Practice Sale
What if my lease only has a few years left, can I still sell my dental practice?
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What it is about
Dealing with a short term lease in the sale of of a dental practice requires some extra effort, but it is not an insurmountable issue. The target for banks who are funding a loan for the buyer of the practice is at least 5 years of term on the lease, with many dental leaders requiring 10 years. The requirement from these lenders can be met by the current term (firm term) on the lease or a combination of the current…
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