Business Banking for Dental Practices
Dental practices have unique financial needs, making specialized business banking services a valuable asset. With high patient volumes, large equipment costs and strict compliance requirements, First Commonwealth Bank offers banking solutions that help you separate your personal and practice finances, fund expansion and streamline your billing. Our services protect your business and revenue while reducing administrative stress so you can focus on patient care.
Custom Checking Solutions
Dentists need accounts that fit the unique cash flow of a practice. At First Commonwealth Bank, we offer custom checking and savings products with:
· Low minimum balance to support new or seasonal practices.
· Multiuser access for office managers and accountants.
· Real-time dashboards to track incoming insurance reimbursements and patient payments.
· Direct integration with major dental practice management software.
Dental Practice Loans
Starting or expanding your practice often requires significant capital. We offer various financing options, including acquisition loans to buy an existing office or partner practice, equipment financing for chairs, imaging systems or lab technology and working capital lines of credit for everyday expenses or insurance delays. Our dedicated bankers guide you through documentation, eligibility and repayment terms to secure the funds you need confidently.
Secure Payment and Merchandising
Our partnership with innovative point of sale systems from Heartland® allows you to securely accept credit cards, debit cards and contactless patient payments. This also protects sensitive data through fraud monitoring and PCI compliance, while ensuring faster deposits for better cash flow.
Fee Structure and Transparency
Hidden fees can negatively impact profitability. At First Commonwealth Bank, we publish transparent pricing and review your accounts to ensure you're on the most cost-effective plan. This clarity helps you project expenses accurately and preserve your margins.
Digital Tools
Managing a dental office requires precise coordination. Our online and mobile banking tools allow you to seamlessly integrate transaction data into your accounting system, automate payments, receive real-time alerts on balances and transactions and facilitate mobile deposits for insurance checks.
Why Trust Us?
At First Commonwealth Bank, we combine decades of banking and healthcare industry expertise with hands-on service. We understand your unique cash flow cycles, compliance needs and growth patterns. Our commitment to transparency, security and local decision-making makes us a reliable partner at every stage of your practice's journey.
Frequently Asked Questions
Knowing the answers to common banking questions can help you find the right bank accounts for your dental office.
The best type of bank for a dental practice is one that offers industry-specific loans and risk management. At First Commonwealth Bank, we offer this, plus transparent fees, integrated payment tools and responsive service to support your needs.
Prepare your business plan, gather financial records and meet with your banker. Our specialists will guide you through the loan application process, including government-backed small business administration (SBA) loans or lines of credit.
Strengthen Your Dental Practice's Banking With First Commonwealth Bank
By selecting the right business banking services, your company can build a solid financial foundation and streamline operations to support growth and success.
Contact us today for more information on dental business loans or bank accounts, or to schedule a no-obligation consultation.