Equipment Leasing as a Growth Strategy

Pacific Dental Services

The Client

Organization:
Pacific Dental Services

Location:
Irvine, CA

Project Scope:
De Novo growth, technology refresh, equipment rollout

 

First American

  • Flexible lease structure
  • FA | Experience
  • Dedicated project manager
  • Dental expertise
 


Challenge:

Pacific Dental Services (PDS) is one of the leading Dental Service Organizations in America. In addition to 850+ current PDS-supported offices, they plan to open 100 new locations each year for the next five years. Given the significant capital needs associated with this type of growth, Taylor Hawes, CFO, realized the need to diversify PDS's capital capacity and began looking for solutions to help the organization scale. 

 

Solution:

First American took the time to understand PDS's growth strategy and business objectives. Together, we were able to create a customized solution and payment structure for expansion that aligned with their office growth. PDS was also able to finance a PC refresh, which helped them update technology hardware in all offices, as well as an equipment rollout to replace 1000+ CBCTs in every single practice over three years. 
 
PDS leverages FA | Experience, First American's digital platform, to track their assets that span 24 states, 48 metro service areas, and almost 900 offices. 

"One of the things First American has done, is take our complex structure of partnerships and offices, and has enabled that to be 100% simple."

Taylor Hawes, CFO
Pacific Dental Services

Ready to learn more?

 

Contact Us

Follow Us

First American Commercial Bancorp, Inc. is a wholly-owned subsidiary of City National Bank. Deposit products and services are offered by City National Bank Member FDIC. City National Bank is a subsidiary of Royal Bank of Canada. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All trademarks are the property of their respective owners. Additional terms apply and can be found by visiting faef.com/terms.

© 2023 First American Equipment Finance. All rights reserved.

Top