Essex dental practice braced for growth following expansion
Burnham Dental Practice secured a £175k funding package create space for a new state-of-the-art treatment room and waiting area.
Read time: 3 mins Added: 06/09/2021
Burnham Dental Practice offers a range of general, family, orthodontics, restorative and cosmetic dental services. The practice has grown year-on-year since opening in 2018, and now provides care for more than 11,000 NHS and private patients in the area.
To help meet demand, the business secured a £175,000 funding package to acquire and renovate the flat above its existing surgery in Burnham-on-Crouch.
The expansion, which created space for a new state-of-the-art treatment room and waiting area, will enable the practice to take on more patients and grow its offering. This includes increasing the number of specialist services it offers by creating permanent roles for a full time implantologist, endodontist and anaesthetist.
The practice is also hoping to introduce a new subscription model, allowing patients to pay a yearly flat fee that will cover all routine treatment including check-ups and regular hygienist appointments.
The dental practice currently employs 11 staff and, following the investment, is forecasting growth of 50% and the creation of four new jobs.
Dr Jasdeep Hall, principal dentist and managing director at Burnham Dental Practice, said: “The dental industry has faced significant pressure over the last 12 months, as practices look to continue providing an essential service to patients, while also adapting to changing the restrictions and demand. We’re fortunate to have been able to turn our downtime into a positive by expanding our premises and implementing new plans for growth.
“Since the pandemic began, we’re also seeing increased numbers of local people who no longer wish to travel into central London for specialist dental treatment and currently our visiting clinicians are seeing greater demand in areas like ours than at their own practices on Harley Street.
“The support we’ve received from Lloyds Bank has given us the flexibility needed to meet that growing demand, while also continuing to provide routine care to our existing NHS patients.”
Mike Philpot, healthcare relationship director at Lloyds Bank, said: “Taking the opportunity to expand its practice during lockdown has proven to be a great move for Burnham Dental Practice. Thanks to Jasdeep’s forward-thinking approach, the business has been able to continue providing a critical NHS service to its patients in a more Covid-secure way, while also investing in the practice’s future and creating employment opportunities in the process.”
Burnham Dental Practice also received separate support of £50,000 from Lloyds Bank through the Bounce Back Loan scheme after the practice was forced to temporarily close its doors when all routine dental care in England was suspended in March last year.
Important legal information
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.
Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.