Commerce Bank Earns Endorsement from Colorado Dental Association to Provide Practice Financing for its Members.
DENVER, Colo. – Commerce Bank is pleased to announce that it has been selected as the Colorado Dental Association’s (CDA) endorsed practice financing partner. With more than 3,400 dental professionals, CDA represents nearly 65% of Colorado’s licensed dentists.
When it comes to meeting the dental industry’s unique financial services needs, Commerce Bank has 160 years of experience combined with the structure and stability to provide financial solutions for dental practices and small businesses. Commerce was selected by the CDA to serve as its endorsed practice financing partner. Commerce has an in-depth understanding of this segment, insights tailored specifically for dental professionals and the capabilities to provide a highly personal touch.
“On behalf of all of us at Commerce Bank, we consider it a tremendous honor to join in this relationship with the Colorado Dental Association,” said Darren Lemkau, market president, Commerce Bank – Colorado. “Both of our organizations bring important solutions to enhance the success and growth of Colorado dentists. Leveraging our experience in providing tailored financing solutions, combined with the broad resources of the CDA, will deliver exceptional value to its members and stakeholders.”
Commerce provides customized solutions to tackle the unique financial challenges faced by dental practices. From equipment financing to practice acquisition loans, Commerce guides dentists in improving cash flow, streamlining operations and growing their practices. These solutions reduce demands on administrators, allowing dental practices to focus on what they do best — providing excellent patient care.
“We are thrilled to embark on this new relationship with Commerce Bank for dental practice financing,” said CDA executive director and CEO Molly Pereira. “Dental practices have specific needs and substantial overhead costs, making these small businesses unique to manage, especially compared to other healthcare professions. Commerce Bank offers an opportunity to help these providers care for their communities while also balancing their professional goals and dental school debt.”
In addition to providing financing solutions to CDA members, Commerce will also provide financial wellness solutions for CDA dentists and their employees through My Milestones by Commerce®, a robust financial education platform that helps members meet any challenges in saving and managing money, buying a home and more.
“Our dental industry team of banking professionals at Commerce is well versed in providing guidance on a variety of strategies to help dental practices upgrade their equipment and expand their businesses,” said Robin Wandschneider-Stiegelmar, senior vice president, Commerce Bank – Colorado. “Commerce is also here to help CDA members and their employees meet their own personal financial goals. Our own goal is to be their trusted advisor for many years to come.”
More information about Commerce Bank and the unique solutions available to its dental customers can be found at commercebank.com.
About Commerce Bank
With $32.0 billion in assets1 footnote 1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages 160 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. Beyond the Midwest, Commerce also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids and wealth offices in Dallas, Houston and Naples. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial and wealth offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.
1As of December 31, 2024
About Colorado Dental Association
The Colorado Dental Association is the professional association of dentists that fosters the success of a diverse membership and advances the oral health of the public.
