Direct Capital has allocated $50 million in financing aimed at helping dental practices secure new equipment, the company announced.
The announcement is driven by a growing demand in the dental industry that reflects a rise in the number of patients seeking dental care, said John Donohue, senior vice president, in a press release.
Direct Capital is also working to grow relationships with companies that sell dental equipment and need to provide affordable monthly payment options to their customers.
Established in 1993, Direct Capital provides specialty finance solutions, including commercial equipment financing, commercial loans, and business cash advances.
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