JP Blevins

J.P. Blevins

About J.P. Blevins

JP joined the Live Oak team in early 2011 and initially spent much of his time educating young professionals about financing and how to best maintain and grow their business. As a financial evangelist for the bank, JP had the wonderful opportunity to work closely with and advise hundreds of aspiring young dentists, pharmacists and veterinarians. Assisting healthcare professionals in achieving the “American Dream” of ownership is truly a passion of JP’s. He now gets that opportunity everyday as a Loan Officer and General Manager working exclusively with the Dental and Medical community nationwide.

Expand With a Second Practice For Real Growth

By |June 20th, 2014|

As a dental practice owner you continually look for ways to grow your business and expand on your success.  But have you considered literally expanding your practice by opening a second location?  Assuming your current practice is well grounded with a solid patient base, good management practices and steady cash flow, expanding to a second location can be one of the most dramatic and effective ways to build business success as well as create options for long-term security.

Build Your Business Assets

Just as buying a second home increases the value of your assets and provides profit opportunities for the future, expanding your practice to a satellite location provides several advantages in building your business.

Know The Key Players In Your Loan Process

By |June 11th, 2014|

When you apply for financing for a dental practice purchase, startup, or construction project, you are engaging not only your lender but a whole group of specialists who bring the loan to fruition. Understanding the roles of the players who create and deliver the loan package can help you gather the appropriate information and more easily navigate the financing process. So who are the players in the loan process?
Read the full article here: Know The Key Players In Your Loan Process

The Hinman Dental Meeting 2014

By |March 28th, 2014|

Thanks to everyone who stopped by our booth during the Hinman show! We had a great couple of days spending time with customers and business partners. Since we have an office in Buckhead, Hinman always proves to be a busy conference. Next stop – AAO in April. Hope to see you there.

- J.P. Blevins

Document Preparation to Begin the Loan Process

By |March 25th, 2014|

Buying, building or expanding your dental practice is a significant project that requires a good deal of planning. Part of the initial planning process includes getting pre-qualified for a loan amount that will cover both your project development and working capital costs. Pre-qualification can typically take from three to five business days, provided you have adequate documentation prepared for your lender prior to your meeting.

Before approving a loan for your practice project or purchase, your lender wants to know that you have adequate experience to manage your business, sufficient collateral to cover the lender’s risk, and enough cash flow to repay your debt. Following is a list of the documentation typically required when applying for a commercial loan for a dental practice purchase, expansion, remodel or refinance, or a new construction project.

Personal Financial Statement. Your lender will ask you to complete a personal financial statement showing your income, the value of your assets (such as your home, vehicles and [...]

It Takes a Dream Team To Construct a Dream Practice

By |March 12th, 2014|

When it comes to building your dream practice, the single most important step is an experienced dream team to help you develop and manage your project. A dream team helps you create a sound plan for your practice development, ensuring you get the outcome you want while keeping your objectives and project on track. Who makes up the dental practice dream team? Depending on your specialty, it should include your lender, architect, general contractor, equipment supplier, and a real estate agent if you’re purchasing property. The best teams communicate with one another during the development process. Most importantly, team members should be experienced in dental office development and construction because this will save time and money in the long run.

Click here for the full article: Dream Dental Practice Article