New Delta Dental of NJ, Peapack-Gladstone Bank Partnership Benefits NJ Dentists

On May 26, 2016

In a program developed by Delta Dental of New Jersey (DDNJ) and Peapack-Gladstone Bank (PGB), participating DDNJ dentists in New Jersey who are qualified borrowers are now eligible for loans below PGB’s regular interest rates.

“We developed this program to support the financial health of our participating dental practices,” said Dr. Keith Libou, Chief Clinical Officer, Delta Dental of New Jersey. “We chose to work with PGB because they have a strong local footprint, a great national reputation in the financial industry, and, like us, they understand the New Jersey business landscape.”

PGB and DDNJ, established in 1921 and 1969, respectively, offer 140 years of combined experience providing personalized client service and solutions tailored to New Jersey businesses.

Loans made through this program, which will be approved up to a maximum of $250,000, may be used for such things as expanding or acquiring a practice, purchasing equipment, consolidating debt, or purchasing commercial real estate. Delta Dental participating PPO general and pediatric dentists will receive a discount that is one full point below PGB’s regular interest rates*. Delta Dental participating Premier dentists will receive a discount that is one quarter point below PGB’s regular interest rates**.All loan applications are subject to verification of Delta Dental participation by DDNJ and review and approval by PGB.

 

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