THE CLIENT

Founded over a decade ago, this dental lab in Western Washington state has built a solid reputation as a trusted provider of removable prosthetics. Using the latest materials and techniques, the lab creates high-quality dental prosthetics and is trusted by dental practitioners nationwide for their expertise. The owner and technicians pride themselves on offering innovative dental solutions.

The lab is committed to delivering high-quality craftsmanship at an affordable price, constantly striving to stay up to date with advancements in the field, and always looking for ways to improve their expertise and embrace the latest technology even when that technology comes with a hefty price tag.

THE CLIENT’S CHALLENGE

The dental lab needed to purchase a new 3D lab printer – not just to keep up with the latest trends or the competition, but because the lab needed it to fulfill current contractual obligations. The lab owner had to secure the printer quickly or risk losing clients.

The contractual obligations were only one of the reasons the lab needed to secure funding quickly. The vendor was offering a limited-time promotion, and the deadline was quickly approaching to take advantage of the deal and get the discount.

In addition, because the lab owner had made most previous purchases using personal loans, the lab had a limited business credit profile. They needed a lender who was flexible on credit history, could approve a loan fast, and get them the funds to purchase the printer.

THE APEX COMMERCIAL CAPITAL SOLUTION

$28,150 Equipment Financing • Extremely fast funding

As is often said in business, it’s who you know that can make a difference – and in this case, the dental lab was working with a broker who had a “Preferred Broker” relationship with Apex Commercial Capital. Recognized for its flexible and streamlined approval process, Apex can typically process, approve, and close a loan faster than other lenders, and this transaction was no exception.

Working with Apex, the lab got the equipment financing they needed with a competitive rate and equitable terms in the tight time frame required.

FINAL RESULTS

The lab was able to get the equipment at the discounted promotional price and fulfill their current contracts because of how quickly Apex Commercial Capital was able to fund the equipment financing loan. Apex offered competitive pricing and terms, even with the lab’s limited credit. Plus, with the new equipment, the lab can handle additional workload and is now better positioned for growth.

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