Elias Partners

01/06/2023

https://www.cnbc.com/2022/12/14/fed-rate-hike-pushes-business-loans-over-10percent-for-first-time-since-2007.html

The Fed rate hike of half a percentage point moves the Prime Rate to a level that means business owners will be paying 10%-plus interest on debt.

06/22/2021

Projected Supply of Dentists for Select States: The ADA Health Policy Institute (HPI) has predicted that, despite fears of a looming dentist supply cliff, the dentist workforce in the United States will actually increase through 2037 due to an influx of younger and more diverse dentists. But how will this play out at the state level? Will some states experience a greater dentist supply increase than others? HPI offers projections for ten select states, particularly those with some of the highest population concentrations. Detailed information can be found on the link provided below.

HPI offers infographic illustrations of its unique dental workforce projection model, which predicts future supply of dentists for select states.

06/18/2021

1 in 5 dentists raising fees: 3 notes on the industry's current state

Demand for orthodontic and cosmetic treatments at dental offices has risen since before the pandemic, according to poll findings from the American Dental Association's Health Policy Institute.

Demand for orthodontic and cosmetic treatments at dental offices has risen since before the pandemic, according to poll findings from the American Dental Association's Health Policy Institute.

02/10/2021

There are more government SBA loan incentives while funds remain available (must be approved by September 30, 2021):

• First 6 months Principal & Interest will be PAID for you (up to 9k per mo.)
• SBA GUARANTEE FEE is currently being WAIVED – this fee typically runs $25,000 - $30,000 for every 1 Million borrowed.
• 100% FINANCING for Practice Debt Refinances, Expansions, and Practice Real Estate Purchases
• SBA loan guarantee has been Increase to 90% of the loan. This means we can get more AGGRESSIVE with UNDERWRITING.

Time is of the essence & funds are limited. Call or text us at 888-711-0808 to find out more.

https://zcu.io/ibYj

Elias Partners provides practice loans, practice sales and transtions services. Loans for Dentist, Optometrist and Medical Professional. Nationwide

07/07/2020

Paycheck Protection Program application deadline extended to Aug. 8

https://zcu.io/8HNJ

Small businesses affected by the COVID-19 pandemic now have until Aug. 8 to apply for the Paycheck Protection Program, which provides loans that are entirely forgivable if borrowers spend at least 60% of the loan funds on payroll expenses. With more than $130 billion in PPP funding remaining and the...

06/23/2020

The Dentists Insurance Company will begin issuing premium refunds this week to policyholders affected by the COVID-19 pandemic.

On April 24, TDIC announced it would be refunding 50% of Professional Liability premiums for two months, to provide financial relief to dentists limited to emergency care due to shelter-in-place mandates.

“We understand that dentists continue to experience unprecedented economic hardships from the COVID-19 pandemic,” said TDIC Board Chair Daniel Davidson, DMD. “Even as dentists resume preventative and deferred care, practices are not operating at 100 percent. TDIC continues to look for ways to provide relief for policyholders.”

The company is refunding over $3.7 million in Professional Liability premiums for policyholders in all 15 states where coverage is offered and, in California, will refund over $2.2 million in Workers' Compensation premiums. This equates to nearly $6 million in returned premiums to the company’s valued policyholders at a time when such assistance is most needed.

Policyholders do not need to take any action. Professional Liability refunds will be calculated and issued automatically in the coming weeks. TDIC will also calculate and issue the reductions in Workers’ Compensation premiums. *

https://zcu.io/si8F

The Dentists Insurance Company will begin issuing premium refunds this week to policyholders affected by the COVID-19 pandemic. On April 24, TDIC announced it would be refunding 50% of Professional Liability premiums for two months, to provide financial relief to dentists limited to emergency care ...

06/16/2020

HPI polling shows dental practices recovering as states reopen

https://zcu.io/vfwo

06/08/2020

In conjunction with Coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for new SBA 7(a) loans. For loans made after March 27, 2020 and fully disbursed prior to September 27, 2020, the SBA will begin making payments with the first payment due on the loan and will make six monthly payments.

For full details on the SBA’s six-month loan payment program, see the attached document. If you have Healthcare Finance project reach out and let's discuss how this incentive may work for you.

-19Relief

12/11/2019

Well Established San Bernardino County Optometry Practice Grossing 730k For Sale - Asking $475,000

Call 888-711-0808 for additional information.

Elias Partners is offering a San Bernardino County Optometry practice has been established for close to 100 years. This Practice has shown stability even in the toughest economic climates. The stability is created by the large Medi-Cal patient base as well as a growing VPS insurance trend.

11/12/2019

Elias Partners Joins Forces with GEHA's (Government Employees Health Association) Connection Dental Network Rewards Program to provide dentist exclusive savings for Dental Practice Loans & Transition Services.

https://www.abc-7.com/story/41306180/elias-partners-joins-forces-with-gehas-connection-dental-networks-rewards-program-to-provide-dentist-exclusive-savings-for-dental-practice-loans

To commemorate Veterans Day Elias Partners announced to offer GEHA's Connection Dental Network members exclusive savings.