| |
|
|
|
|
What We Do
For dentists
Through our unique process we
provide dentists with strategic advice on how to best
structure their debt and cash flow for the achievement of
their short, medium and long term goals. This is especially
valuable for dentists that currently have debt or are about to
enter into a project and will incur debt.
Observations
1. dentistry is a capital
intensive business. Most dentists incur debt to get to where
they want to be.
2. Most dentists do not
understand the impact of borrowing the wrong type of debt or
paying their debt off too rapidly.
3. Dental practices have
incredibly consistent cash flows compared to many other
industries.
4. The ability to sell and
the sales price of a dental practice will diminish over time
based on supply and demand trends.
5. The trick to wealth in
dentistry is to maximize free cash flow and invest it in a tax
deferred vehicle to let the power of compounding create
wealth.
|
 |
|
|
|
 |
Philosophy
We believe that a dentist can
achieve the ability to retire when he wants to if he manages
his lifestyle expenses, his personal and business debt and his
investments based on specific strategies that have proven to
work.
Process
We have developed a unique
process to help dentists in the following ways.
-
Uncover their future financial,
personal and business goals.
-
Understand their past and
present financial status.
-
Develop a unique, client
specific plan to take advantage of their specific strengths
and opportunities, that provides the bridge from where they
are today to where they see themselves in the future.
-
Provide leadership for the
implementation of the plan.
|
|
Listen
to Rob Matthews, DDS of
Springfield, MA
talk about David Catalano |
|
Click on the button to play |
"You were able to get me the most favorable loan
possible and I thank you for that. This
would have been an impossible task for me
to accomplish without your help, seeing I have so
many other things to attend to.
I
was impressed with your diligence, your
professionalism and how personable you are. Thank
you for representing my best interests." |
| |
| |
| |
|
Example: A dentist
contemplating purchasing an office condo
How does owning your own office
fit into your future personal, business and financial goals?
Will it make your practice more productive? Will it reduce or
increase your cash available for lifestyle? Will it allow you
to retire sooner or later? Does it make sense to have 100%
financing or should a down payment be made? How do you talk to
your bank about this? Once in a lifetime events like this
require the thoughts, guidance and unique process of someone
that has helped many other people in a similar situation. The
downside of making a mistake can be tragic.
We may be a good fit if you want
to accomplish one of 4 things:
-
You want to expand your
office.
-
You want to improve your cash
flow.
-
You are buying or constructing
a building.
-
You are buying a practice.
This is ideal for
doctors that want a financial
expert on their team to help them make sure they do not make a huge
financial mistake. We can take you through our unique process which
will insure that you are financially well informed prior to making any
decision.
|
|
Listen
to
Carter Yokoyama DDS of Kailua-Kona, Hawaii
talk about David Catalano |
|
Click on the button to play |
"I just
wanted to say thank you for everything. Your help
& assistance in consolidating my loan through the process
up to this point, has been very informative and truly helpful to both my
practice and my personal life.
I look
forward to continue working with you as this new office
project comes together." |
| |
|
 |
|
Here are some of the things you
can expect from our process.
1. How much can I afford to
spend?
2. Can I get 100% financing or do
I need to put money down?
3. What can my annual debt
payments be based on my current lifestyle?
4. Will I have to change my
lifestyle to afford my project?
5. How do I determine the size
and scope of the project?
6. From an investment
perspective, does this project make sense?
7. How do I deal with banks and
how will they look at my project?
8. My banker told me I can have
all the money I want, why would I need you?
9. What is the best debt
structure for me based on my goals and project?
10. How do I get the ideal debt?
11. How do I make sure my debt
can be serviced by my cash flow?
12. I do not understand the loan
documents or how prepayment penalties work, rate re-pricing, term
versus amortization, fees, fund control, or other lending phrases.
13. I do not understand when to
use the different loan and lease products available to me. Should
I just finance the equipment with my dental dealer?
Just because a bank will lend
you the money doesn’t mean you should take it.
When you construct a building you
don’t go to the hardware store and buy nails, you go to an architect
and develop a plan. Our philosophy is the same. The financial side
of your project needs a plan. Do not go to a bank first, because
they might not have what you need. Develop your plan and then
execute it. Precision and detail will help create the ideal outcome.
Pricing
We charge a fee equal to 1% of the
amount of money you are borrowing and require a $2,000 retainer to
begin the process. If your project is smaller than $500,000, we will
charge a flat fee of $5,000. If you choose not to follow through
with the project, we keep the retainer.
How To Begin Working With Us
Most of our relationships with
clients start with a call or an email to our offices. Below
are several options for contacting us or getting to know us better:
Give us a telephone call at
1-317-581-5664.
Send us an e-mail at
david@financegeeks.com
Ask David a question by
clicking here (turn on your speakers
to hear David talk) |
