Dental News

The Dental category is for all Dental related posts.

The Advantages of Owning Commercial Property

By |October 10th, 2013|

Most business own­ers must eventually confront the issue of whether to purchase or lease their office space. There are many factors to consider in making this important de­cision. For new dental practitioners who are uncertain of future space needs, and who want to ensure maximum cash flow as they grow their business, leasing may be a wise option. But for new or seasoned practice owners with a strong financial profile, a clear picture of future growth, and the ability to take advantage of the tax benefits of ownership, a commercial real estate purchase can provide a solid foun­dation for growing the business.

Following are a number of potential ad­vantages to owning commercial property:


Commercial properties for dental prac­tices are far less expensive today than they were before the recession. In some areas, it may ultimately be less costly to purchase and outfit commercial real es­tate than to build-out and rent a leased space. While property values will not [...]

Live Oak Bank at UNC School of Dentistry

By |October 3rd, 2013|

For the second year in a row, the dental lending team at Live Oak Bank held a two-day event at the UNC School of Dentistry. Keith Merklin, General Manager of the dental lending team at Live Oak Bank presented to the 4th year dental students on dental practice financing. Live Oak Bank hosted the class of dental students for the ECU @ UNC football game on Saturday. This two-day event at UNC is one that Live Oak Bank looks forward to hosting again in the future.

Dental Customer Spotlight: Dr. Viashali – California

By |September 23rd, 2013|

Dental Customer Spotlight

Dr. Viashali shares her experience about working with Live Oak Bank.

Four Keys to Creating Practice Value for Future Sale

By |August 6th, 2013|

It’s never too soon to start thinking about how to maintain the value of your dental practice for future sale, even if you are just starting a first practice. Despite all the advanced planning, you may end up expanding to a larger location, opening a second practice, or ready to retire sooner than expected.

The value that your practice holds at the time of sale could make the difference between a successful transition and a challenging one. Here are four key steps to building and maintaining practice value:


Just as with a home purchase, a good por­tion of your practice value is based on “location, location, location.” If you are planning to build or purchase your prac­tice, spend as much of the investment as you can afford to secure a premium prac­tice location. Nothing speaks more to the quality of services patients can expect than the location of a practice.

Look for a professional neighborhood with a good reputation [...]

Dental Practice – California

By |July 29th, 2013|


On January 18, 2013, my wife’s dream became a reality. When I look back, I remember Keith saying, “Live Oak is a relationship bank.”  I didn’t understand it at first, however, the statement became evident when I met members of Live Oak. After our meeting, I was left pinching myself on how real these people are.  Thank you again for making the dream come true, our lives have been changed as this practice has begun to open new doors for opportunities and relationships.

Short Sales and Finding Future Financing

By |June 1st, 2013|

A lasting effect of the Great Recession has been the growing number of professionals caught in the real estate devaluation of residential properties. In the past, steady property appreciation seemed to make any home mortgage safe for the bank and owner. But the last several years have led to many borrowers finding they owe more than their homes are worth.

Some borrowers have decided the best option is to sell the home, with the bank’s permission, for less than what is owed. The amount of loan still unpaid after the sale is called a “deficiency balance” or “short sale,” which may or may not be forgiven by the bank.


Not surprisingly, a short sale has a huge negative impact on the borrower’s credit score, regardless of whether the loan was current before the sale. According to an April 2011 CNNMoney article, a 780 credit (FICO) score will see a 160-point drop following a short sale, while [...]

New Dental Office – Louisiana

By |April 16th, 2013|

Dr. Todd

Keith Merklin was instrumental in making my dream of a new dental office come true.  The patience he exude while walking me through the process allowed me to trust him and Live Oak Bank.  The icing on the cake was his personal visit to my office…I was very impressed.  He has been available by phone immediately on the few occasions when I have needed him.  Without a doubt, I give big kudos and atta-boys to him and to the bank as a whole. I would recommend them without hesitation.

Dental Practice – Florida

By |March 25th, 2013|

Dr. Sandra

I am very satisfied with the excellent sevice that Live Oak Bank offered me. Samme did a great job throughout the entire loan process. I thank everyone for their professionalism and commitment to my project. I really appreciate it. Thank you very much.

Approaching Practice Ownership

By |February 14th, 2013|

Keith Merklin, General Manager of the dental lending team at Live Oak Bank, presented to the UNC School of Dentistry. Approaching Practice Ownership discusses why Live Oak Bank lends to dentists, debunks “Student Debt Myth,” and discusses practice ownership.

To download a copy of this presentation, click here: UNC Dental Presentation: Approaching Practice Ownership

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 [...]