How to Offer Financing Options to Your Dental Implant Clients
How Dental Implant Financing Works
The process is simple. You decide on the types of programs you wish to extend to your patients and our network of lenders work with you to develop a range of options that cater to everyone. You might offer a financing option that allows for the patient to pay for the work over a series of low monthly payments. There might be another option that offers longer, flexible terms to give the patient more time to pay. You can even offer promotional incentives of one-time-only interest rates that are available for a limited time. Patients pay less interest by taking advantage of this program.
It’s up to you to decide which programs can help the most patients. Once you have these financing programs in place, you need to get the word out. Advertising and promotional materials announcing that you now offer financing options to patients who qualify can give you a competitive edge in the community. Now when your patients have concerns about their oral health, they won’t have to worry about how to pay for the work when it is performed.
When the patient is in your dental chair, you review the choices for a treatment plan that best addresses the patient’s oral health condition. Now you can do the same when the concern turns to their ability to pay. You show the patient which programs you offer and he or she can decide which one is best for their budget.
Provide Quality Dental Care and Get Paid Fast
Your patients seek you out because of your expertise in providing quality dental care. But when they can’t afford to pay for your services, they may have to go without care or find another dentist who might do lower quality work at a lesser price. But when you have the power of Fund My Contract’s network of experienced lenders on your side, the patient fills out a quick application for the program they prefer and they can receive a fast response for approval.
Once the application is approved, the financing amount is funded and your dental office gets paid in full at the time services are rendered. You need not worry about chasing after unpaid invoices or waiting on late payments and promises that are never kept. You went to dental school to help people, you’re not a collections agent who should be chasing after monies owed for the work you’ve performed.
With Fund My Contract, the bill is paid faster and your practice generates more revenue. Even more advantageous, once the application is approved and funded, the patient must spend the money at your dental practice, the funds cannot be spent anywhere else.