1. How Compassionate Finance is different from other patient financing
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Traditional 3rd Party Financing
Traditional finance companies will make you take a discount on your fee of approximately 10% to get your money upfront.
Finance companies who pay your office upfront all have similar approval ratings.
These finance companies are only approving patients with top-tiered credit scores…
This means they turn away many payment-worthy™ patients who are great candidates for Compassionate Finance.
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Compassionate Finance
In-house financing program managed by the Compassionate Finance team.
Patients of a wider range of credit scores (Good and Bad) with stable checking account history and a down payment qualify. (Practices usually require 20%)
You control each patient’s payment terms from 2-60 months.
Patient payments of principal and interest are directly deposited into your business checking account each month.
We manage the entire billing and collecting process including the late payment follow up.
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