Delta Dental Of California and its Affiliates Announce Additional $100 Million in Funding To its COVID-19 Financial Assistance Loan Program
Delta Dental of California is offering an additional $100 million in loan funding to its independent provider network across 15 states and the District of Columbia for economic assistance and COVID-19-related relief.
Delta Dental of California is offering an additional $100 million in loan funding to its independent provider network across 15 states and the District of Columbia for economic assistance and COVID-19-related relief. The increase in financial support brings the total amount of the loan program to $300 million, which is administered by Lendeavor, a digital lender that provides financial solutions to healthcare practices.
The July 22 launch of the second phase of the loan assistance program, which Delta Dental first announced on April 27, now offers expanded ways for providers to use the funds — including practice acquisitions, new location expansions, commercial real estate, and equipment purchases. Also included are practice buildouts – which may include investment to support new health and safety standards – and refinancing existing practice and commercial real estate debt. This second phase also offers favorable loan terms including the first 12 months of interest covered by Delta Dental.
For more information about the program, visit lendeavor.com/apply/financing-delta-dental or email Lendeavor at delta@lendeavor.com.
