Dr. Mandel runs a growing general dental practice in Columbus with a strong patient base. The imaging equipment was outdated and the scheduling and billing process was still manual. He wanted to modernize but banks required significant personal collateral and a drawn-out approval process that stalled the upgrade for months.
Traditional lenders focused on old financial statements and asked for more personal collateral than Dr. Mandel was comfortable pledging. The bank's slow process meant the team kept working around outdated equipment and paper workflows while the waiting list for new patients grew.
Eighteen months after funding the practice reported a 28 percent increase in monthly patient volume, a 15 percent reduction in appointment times from faster imaging, a 20 percent improvement in billing collections, and enough demand to justify adding a part-time hygienist.
Purple Tree reviewed insurance reimbursement history, business bank statements, and patient volume trends. Based on that picture, they structured a three-year term loan matched to the practice's cash flow with no prepayment penalty. The funding covered new imaging equipment, practice management software, and operatory renovations.
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Yes. Food service includes restaurants, bars, cafes, food trucks, catering companies, bakeries, and other operator-led businesses. The review is based on business performance and cash flow patterns.
Seasonality is normal in food service. What matters is whether the funding structure matches your revenue cycle and whether your recent bank activity supports repayment.
