Friday, April 26, 2013
IBC Bank Launches Commercial Loan Product for Dental Practices
IBC leverages in-house expert to provide
customized financing solutions
(April 26, 2013) LAREDO, Texas - IBC Bank is now offering customized financing solutions for dental practices through its Dental Finance Group. The new product was developed in collaboration with IBC Bank-Oklahoma Senior Vice President Andy Levinson, who has helped his wife with her successful dental practice for nearly five years. Levinson’s deep understanding of the challenges dentists face today includes first hand knowledge of equipment costs, staffing issues, and marketing.
“IBC Bank’s Dental Finance Group is uniquely competitive in that we provide up to 100% financing and make credit decisions based on cash flow instead of a practice’s underlying assets,” Levinson said. “We have the financial resources to help individuals reach their dreams, whether that involves expanding, updating or relocating their practices.”
Other IBC Bank Dental Finance Group benefits include customized loan payment structures and terms; available working capital; the ability to deposit checks right from the office; nationally competitive merchant service rates on debit and credit card payments through First Data; and life, disability, property and casualty coverage available through IBC Insurance. Additional information is available at www.IBCDentalFinancing.com.
“IBC Bank’s Dental Finance Group truly understands what it takes to run a successful dental practice. This new commercial loan product is another way ‘We Do More’ to provide customized financial solutions for our valued customers,” International Bancshares Corporation Chairman Dennis Nixon said. A third-generation Tulsan, Levinson attended the University of Tulsa where he earned his bachelor’s degree in accounting.
IBC Bank is a member of International Bancshares Corporation (NASDAQ: IBOC) an $11.9 billion multi-bank financial holding company headquartered in Laredo, Texas, with 215 facilities and 339 ATMs serving 88 communities in Texas and Oklahoma. More information is available at www.ibc.com. Visit us on our YouTube channel, IBCBankWeDoMore. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION.