Dental practice secures critical business assets with tailor-made finance
Find out how we supported ARK Dental with funding to replace a critical business asset and modernise the practice
The Customer
ARK Dental, a West London Dental Practice located in Hammersmith, has been serving the local community for many years, offering a wide range of dental services, from general dentistry to more advanced treatments like dental implants and cosmetic procedures.
Challenge
The business has established an excellent reputation; however, their infrastructure was beginning to show signs of age. To keep up with its high standards, the business needed to replace a dental chair and give the practice a revamp.
With parts no longer available for the 24-year-old chair and dentists unable to use it, it was essential to quickly secure funding for a new one to prevent disruption to their services.
Solution
After working closely with Braemar Finance for their equipment purchases over the last 20 years, ARK Dental approached Area Sales Manager, Earl Kirosingh, to agree a finance solution that worked for them.
For the purchase of the new dental chair, Earl worked with Principal Dentist, Dr Greg Gasiorowski, and proposed a tailor-made Hire Purchase agreement with payments spread over 60 months.
In addition, Braemar Finance arranged a £27k Business Loan, also with a repayment term of 60 months to cover the cost of refurbishing the practice and other essential equipment, including IT infrastructure.
Outcome
Thanks to the quick decision-making from Braemar Finance, the new dental chair was quickly installed, meaning there was minimal interruption to patient care. The upgrades made to the practice enhanced efficiency and provided a more welcoming environment, improving their patients’ experience.
Earl commented: “It’s been a pleasure to work with Greg and facilitate a deal that enabled them to modernise their practice and replace ageing equipment. The team at ARK Dental practice have always been a pleasure to work with and I am glad we managed to get this deal over the line.”
Dr Greg Gasiorowski, Principal Dentist, added: “We’ve used Braemar Finance for 20 years for all our finance needs and they have been instrumental in supporting our growth. The team always offers a frictionless experience; they are easy to deal with and funding decisions are very quick.”
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