An Increasing Niche

Dentists are just like any other entrepreneurial professional–they have to have capital if they want to run their own business. Most dentists prefer to have their own practice, but even if they operate as part of a larger project, they have some concern for funding and capital issues.

Some companies are now looking to loan more to the healthcare industry than they did previously. This article is a good example of that phenomenon.

MidCap, with $600 million in assets, provides debt ranging from $5 million to $200 million to a panoply of health care-related companies, such as senior housing, biotech and pharmaceutical firms. Demand for capital to invest in facilities, technology and equipment remains consistent within those industries, offering MidCap opportunities to build its loan portfolio, said chief executive Howard Widra.

The healthcare industry needs funding just like every other industry, but for whatever reason it is often one of the least well funded industries. Loans for dentists are rather rare, they have to go hunting for them. This is an odd situation, one would expect there would be cash for dentists, considering their high earning potential.