Cobb Dental Group - Customer Story

July 6, 2016
3 min read

Dentist upgrades practice with cutting-edge equipment thanks to Lendio.

Reason for a loan
Equipment

Equipment

,
Industry
Healthcare

Healthcare

,
Location
California

California

,
Employees

1-50

See if you’re eligible for business financing

The 4th of July is a time to celebrate America’s independence and remember what our forefathers did for us so we could have the opportunity to pursue our dreams. Lendio is passionate about helping small business owners and entrepreneurs fuel their American Dream by finding them the capital they need for their business. We want to emphasize that anyone still has the ability to make their dream a reality by highlighting some success stories we have been fortunate enough to be a part of.

Cobb Dental Group

Dr Cobb - Cobb Dental

Rodney Cobb wanted to be his own boss and have his upward mobility determined by his hard work rather than by someone else, so in 1992 he opened his first office under the name Cobb Dental Group. Unfortunately, he did not qualify for a small business loan due to excessive student debt, so he had to use his savings to fund his initial startup costs. Though times were tough and money was tight, the desire to be his own boss is what kept him going during those initial lean years.

Years later, Dr. Cobb found himself in need of some higher tech equipment to maintain and improve the high quality of care he sought to provide but lacked the funds to do so. Through the help of Lendio, he was able to obtain exactly what he needed to keep his business going and elevate his level of care with the newly acquired equipment.

Small Business Loan Advice from the Professional

Dr. Cobb has a lot of advice for other professionals who may be seeking loans in order to achieve small business success. He recommends that entrepreneurs pay attention to the location. “Study the area before any financial commitment,” he says. “Study the demographics, find a mentor, negotiate a good lease based on the area, and hire friendly, reliable employees.”

Since opening his first office in 1992, Dr. Cobb has continued to follow his mission for providing quality in the dental profession. He achieves this by ensuring that his offices are comfortable and attractively decorated, and are staffed by competent and caring professionals. He is an avid community activist, a participant in Colgate’s “Bright Smiles, Bright Futures” program, and a past president of the Angel City Dental Society, which represents African American dentists in Southern California.

Dr. Cobb’s parting advice is more general, and can be applied to just about any business, anywhere: “Never give up when the going gets tough and supply your customers with the excellent service they deserve.”

About the author

Lendio's team of experts is here to help you with every nook and cranny of your business. We'll make sure you have the best advice for financing, operations, management, hiring, and much more.

Loan Calculator

Quickly estimate your funding options.
Time In Business
0 - 6 Months
6 - 12 Months
1 - 3 Years
3+ Years
Monthly revenue
Industry
Credit Score
Business type
Legal partnership
LLC
Corporation
Sole proprietor
Congrats--it looks like you qualify.*

Based on your business information you could qualify for up to $ 52,000 in funding

Funding amount *

$ 36,000 - $ 52,000

*Amount is an estimate only using the information provided Businesses like yours typically receive offers like these.
Compare your funding options today.
Apply now

Many businesses don't qualify for funding for all kinds of reasons. A few factors could include:

Not enough revenue
Not enough time in business
Credit score is too low

*Qualification criteria, rates, and other funding terms will vary depending on the type and location of your business, and upon other factors. This is not a guarantee of funding, and it should not be relied upon as an accurate assessment of the availability or terms of the represented funding products.

Cobb Dental Group
Dentist upgrades practice with cutting-edge equipment thanks to Lendio.

The 4th of July is a time to celebrate America’s independence and remember what our forefathers did for us so we could have the opportunity to pursue our dreams. Lendio is passionate about helping small business owners and entrepreneurs fuel their American Dream by finding them the capital they need for their business. We want to emphasize that anyone still has the ability to make their dream a reality by highlighting some success stories we have been fortunate enough to be a part of.

Cobb Dental Group

Dr Cobb - Cobb Dental

Rodney Cobb wanted to be his own boss and have his upward mobility determined by his hard work rather than by someone else, so in 1992 he opened his first office under the name Cobb Dental Group. Unfortunately, he did not qualify for a small business loan due to excessive student debt, so he had to use his savings to fund his initial startup costs. Though times were tough and money was tight, the desire to be his own boss is what kept him going during those initial lean years.

Years later, Dr. Cobb found himself in need of some higher tech equipment to maintain and improve the high quality of care he sought to provide but lacked the funds to do so. Through the help of Lendio, he was able to obtain exactly what he needed to keep his business going and elevate his level of care with the newly acquired equipment.

Small Business Loan Advice from the Professional

Dr. Cobb has a lot of advice for other professionals who may be seeking loans in order to achieve small business success. He recommends that entrepreneurs pay attention to the location. “Study the area before any financial commitment,” he says. “Study the demographics, find a mentor, negotiate a good lease based on the area, and hire friendly, reliable employees.”

Since opening his first office in 1992, Dr. Cobb has continued to follow his mission for providing quality in the dental profession. He achieves this by ensuring that his offices are comfortable and attractively decorated, and are staffed by competent and caring professionals. He is an avid community activist, a participant in Colgate’s “Bright Smiles, Bright Futures” program, and a past president of the Angel City Dental Society, which represents African American dentists in Southern California.

Dr. Cobb’s parting advice is more general, and can be applied to just about any business, anywhere: “Never give up when the going gets tough and supply your customers with the excellent service they deserve.”

Text Link
Lendio
1
Text Link
Customer Stories
2
Text Link
Cobb Dental Group
3