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As a response to the ongoing challenges dental practices face during the coronavirus disease 2019 pandemic, BHG is making loans available on 12 year terms.
As a part of its continued efforts to support dental practices during a challenging 2020, Bankers Healthcare Group (BHG) recently announced it has extended the terms of its business loans from 10 years to 12 years to allow borrowers greater flexibility and lower monthly payments.
BHG provides these loans at amounts up to $250,000 with approval within 24 hours and funding available in as little as 3 days, according to a press release. The loans can be used to consolidate debt, finance new practice investments, purchase or start a practice, improve cash flow, or other to meet other financial needs of a dental or medical practice.
In addition to extending loan terms, BHG also has expanded weekday hours, added weekend hours, and actively provided loans throughout the coronavirus disease 2019 pandemic.