Pre-funding

 

Pre-funding, where you get paid upfront, is a very attractive form of patient financing for providers. Pre-funding works for case costs that are a minimum of  $1,000.

We are very flexible in our criteria for patients to receive prefunding:  580 + FICO score and a steady income with not too high a debt to income ratio.  This is very competitive compared to other lenders out there!!

To utilize prefunding, your clinic will input patient information into our online application and, upon approval (takes less than 30 seconds!), you will be given several offers. It’s important to note these offers are for the patient, not the provider, because the patient is the one assuming the debt. Once the patient chooses which offer they want to utilize, we will contact them to request any additional information that may be required to satisfy the banks requests.  The patient may be asked to following prior to a loan being accepted:

1. Copy of Drivers license
2. Pay stub
3. Bank statement
4. Voided check

This is super easy and can be sent via phone or email, so the patient doesn’t even have to leave the office.  We will be in touch with the patient to hold their hand through the entire process. This is something we do multiple times every day, so we make it easy on them to follow through.  We even speak Spanish for people who prefer.

The provider will get paid in approximately 5 business days after submission, and you are good to go!

As an alternative, if the patient is not approved for prefunding, all the patient information is filled in for the payment plan, so you just have to create the terms of the payment plan and are  good to go!