Dental Customer Spotlight

A Live Oak Bank Dental Financing Success Story

By |January 23rd, 2013|

January 23, 2013- After owning and operating their own practice for six years, Drs. Chip and Jennifer wanted to expand to fulfill a growing need in their community for family dentistry services; however, this two-dentist family’s 1,450 sq. ft. building was too small to accommodate more than one dentist. After identifying land and designing a 3,400 square foot, 7 operatory building, Chip and Jennifer turned to Live Oak Bank for practice financing.

“One thing that really impressed us was Live Oak’s willingness to see the ‘big picture’ when their competitors couldn’t,” explained Chip.  “Our vision was to bring a first-class dental facility to an area.  The team at Live Oak took the time to meet us in person and listened to our story. They looked through our raw numbers and saw the true potential of what we had to offer to our patients and our community.  We worked and negotiated with multiple lenders but kept going back to Live Oak [...]

Dental Customer Spotlight: Dr. Ed and Jean – Missouri

By |October 23rd, 2012|

Dental Customer Spotlight

Dr. Ed and Jean share their story about working with Live Oak Bank.

Interview with Dr. Steven Beuligmann

By |September 17th, 2012|

Interview with Dr. Steven Beuligmann from The New Dentist

We recently spoke with Dr. Steven Beuligmann of Carlsbad, California about his practice expansion project. Here is his personal story.

You had a successful practice for over 20 years but wanted to change your location to a larger facility. Why?

My practice was originally located in an old office complex; it was small and antiquated with no room to expand. There was no space for new equipment, parking was inadequate, and there were too few operatories to meet our patients’ needs. We found we were occasionally turning away emergency calls because we had no place to treat the patients. So overall, I found my practice potential was limited unless I could find a way to upgrade my systems and increase traffic flow. But because I live in a small beach community, ideal locations were typically taken by residential zones or smaller office complexes with similar limitations.

About 2-1/2 years ago, a new complex in [...]

Dental Practice – Missouri

By |September 4th, 2012|

Dr. Mehjabeen
Missouri

Our life changed because of you. You made our dream come true. You gave us hope during our first talk and confidence when we were in last minute distress.

First Class Dental Facility – Texas

By |April 25th, 2012|

Drs. Chip & Jennifer
Texas

One thing that really impressed us was Live Oak’s willingness to see the ‘big picture’ when other banks could not.  Our vision was to bring a first class dental facility to an area where some banks said it couldn’t be done.  The team at Live Oak took the time to meet us in person and listened to our story.  They looked through our raw numbers and saw the true potential of what we had to offer to our patients and our community.  We worked and negotiated with multiple lenders and just kept going back to Live Oak.  Their people and the way they treated us really made a difference.

Dental Construction – Colorado

By |January 25th, 2012|

Dr. Harper, Dr. Shearer & Dr. Madlock

Colorado

We have enjoyed working with Live Oak in order to construct our building, the Center. Annemarie Murphy and her team are always available to answer questions and help. We had struggled with other lenders and their follow through, but Live Oak has made it easy to acquire the financing we need to make our dream come true. Aesthetic & Maxillofacial Associates and Canyon Point Orthodontics are eagerly awaiting the grand opening of their new building. Thank you to everyone at Live Oak Bank.

Purchasing an Oral Surgery Practice – North Carolina

By |January 25th, 2012|

Larry, DMD, MD
North Carolina

I wish to thank Annemarie Murphy and her team at Live Oak Bank. I went into unknown territory by purchasing an Oral Surgery practice after having an unsuccessful association with another Surgeon. I felt Live Oak Bank was on my side looking out for my business interests. After talking with other banks, I was positive that Live Oak was getting me the best interest rates and the most bang for my buck.

They helped me negotiate a better price for the practice and made me feel confident that I would still be able to make a comfortable living, while still be able to pay my note, based on their analysis of the practice and the area. I felt I really had someone on my side in the negotiation process looking out for me.

Annemarie gave the process a personal touch by coming out and actually seeing the practice before the negotiations and came out to visit for [...]

Dental Practice – Colorado

By |January 25th, 2012|

Brian, DDS, PC
Colorado

My associate doctor and I worked with Live Oak Bank for the sale of my dental practice and dental building. While other banks told my associate ‘Yea, we can do the deal’, none of the big player lending institutions could get the transition done without many strings attached, huge carry backs on my part in second position, etc., etc., etc. Live Oak Bank was actually a breath of fresh air after trying to deal with other lenders. They were able to handle the complex issues and helped us through the process with ease and professionalism. They took care of nearly all of the mountains of paper work, title commitments, appraisals, etc. Annemarie and/or her staff would get back to me with answers to my never ending questions usually the same day. She understands each practice transition is unique. She was able to remove all the roadblocks, got the ‘deal done’, in a timely manner.

They are experts [...]

Dental Practice – California

By |January 16th, 2012|

Dr. Steve
California

My interaction with Live Oak Bank has been on a very personal, friendly basis. When you remove what you expect from a relationship with a banker, and you get someone who is willing to work with you as a partner, you are going to find that your business goes to a place you didn’t know it could go to.