We and our associate ADCPA members around the country (www.ADCPA.org ) are experiencing favorable results with lenders in regard to the current closures being recommended in the dental industry. Don’t make assumptions, but contact your lender and get an agreement in place with them. Here are some specific examples of what we are seeing:

• BOA – Interest only 90 days
• BOA—60 day deferral of payments + line of credit
• BBVA Compass – 60 day deferral of payments + line of credit
• Prosperity Bank – 60 day deferral of payments + line of credit
• Chase – 60 day deferral of payments or interest only for 60 days + line of credit
• Wells Fargo—3 month deferment
• PNC – Interest only 90 days & possible 90 day total deferment
• PNC—60 day deferment
• South State—Interest only 120 days
• First Citizens–No payments for 60 days