Started by Satbir and Yasmin Golar, Paddington Dental Practice has been helping NHS and private patients for over 20 years. Based in the centre of Paddington, they’ve helped thousands of people with dental care and built a thriving business too. But they champion Crispcap as a major contribution to their success.

How Did Paddington Dental Start?

Satbir and Yasmin started the company in 1993 in what Satbir describes as a more “free-flowing economy” than we have today. They purchased a one-man practice and have seen incredible growth since, adding more surgeries, and practitioners, and growing their staff to over 11 members. Taking on NHS and private patients has been the bread and butter of their business as they balance consistent referrals from doctors with more specialised requests from people.

But like any successful business, their growth didn’t come without challenges, particularly when it came to their cash flow.

What Challenges Did They Face?

Whilst there are always difficulties in getting a business started, Satbir and Yasmin determined work ethic and loyal customers allowed Paddington to flourish quickly. Cash flow issues only started to arise when COVID-19 became a global pandemic and thrust the dental industry into a new era of change. Precautions were introduced and new equipment was needed, all at a high expense. Not to mention, stock was becoming increasingly scarce amongst many other shortages.

How Did Crispcap Help?

Satbir approached Crispcap for a small business loan and we were more than happy to help. After looking at the business’s last set of full filed accounts and the last 3 months business bank statements, we were promptly able to arrange the loan in less than 24 hours.

Satbir used the business funding to cover all areas of PPE (personal protective equipment) including perspex barriers, face masks, and air purifying devices to name a few. The loan was essential as the price of PPE had shot up due to increased demand during the pandemic. He also used it to buy stock when his resources were running low.

Employers and patients were kept safe, business resumed, and Satbir was so impressed with the flexibility of his loan that he still works with us today. He’s learnt that an injection of working capital from an unsecured loan can hugely help with everyday expenses. We recently arranged funding for him to refurbish the dental practice (which looks great by the way).

What’s Next For Paddington Dental?

Satbir and Yasmin continue to grow their business to new heights with more patients and the resources to meet demand. They’ve seen an increase in loyalty from their customers and take a stress-free approach to their work now. We’re thrilled to see them go from strength to strength.

Get in touch for a loan to accelerate your business. We’ll give you a quote without affecting your credit score.