Dental News - Practice Pathways division of Zions Bank offers financing solutions for medical professionals

Dental Tribune USA

Sun. 16 October 2016

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Purchasing, starting up or operating a practice is appealing to many medical professionals because of the independence and financial security it can provide. But it’s also a major endeavor that brings with it a host of financing considerations. To help meet those needs, Zions Bank has launched a new professional finance division called Practice Pathways that offers a lending solution tailored to busy medical professionals from start-up to retirement.

“Practice Pathways was designed to meet the needs of medical professionals so they can focus on what they do best — provide care to their patients,” said Peter Morgan, executive vice president of Zions Bank’s Specialty Banking Division, which includes Practice Pathways. “Our job is to assist with personalized service and a line of great products to support their practices.”

Full suite of services

Backed by the strength of Zions Bank and its expertise in U.S. Small Business Administration and Commercial Real Estate lending, Practice Pathways offers a full suite of services, including financing for:

Practice acquisitions and start-ups.
Debt consolidation and refinance.
Expansion and tenant improvements.
Equipment.
Working capital.
Commercial real estate/ground-up construction.
Practice equity.

David Kirby, senior vice president and director of business banking for Zions Bank, leads Practice Pathways and a team of bankers that specializes in serving clients in the medical profession. “Whether it’s a loan to purchase equipment or to acquire the practice itself, clients can work with the same relationship manager to accomplish a variety of goals,” Morgan explained. “It’s a single stop versus a fragmented approach, which sets us apart.”

24 Greenwich Excellence Awards — second highest of all U.S. banks

Zions Bank is a leader in small business lending and has been recognized as one of the top providers of U.S. Small Business Administration 7(a) loans. Zions Bank, as part of Zions Bancorporation, earned 24 Greenwich Excellence Awards, the second-highest number of awards given among all U.S. banks for 2016.

To learn more about Practice Pathways, you can visit the booth at the 2016 International Association of Physiologic Aesthetics meeting, Oct. 13–15, in Las Vegas.

You also can submit an application at www.practicepathways.com and receive an initial response within one business day. From there, a Pathways specialist will help design a custom solution to help you start or grow your medical practice in the years to come.

Loans and credit products are subject to credit approval; terms and conditions apply.

(Source: Zions Bank)

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