Your browser does not support JavaScript! Please enable JavaScript in your settings, so that we can serve you better

Please wait..

Grow with us


When you think of financing, what is the first thing that comes to mind? For most, you think loan or line of credit. How do you go about getting one of these? A credit check would be run which now means you are being judged by your creditworthiness. This creditworthiness will be the deciding factor on approval, dollar amount available, or a decline. Medical loans are likely the most expensive way to cover your medical costs, and you must have excellent credit to qualify for the lowest rates offered by lenders.
Denefits changes the way you finance patients. You never have to turn anyone away with Denefits because there are no credit checks, so you can throw creditworthiness out the window! Denefits financing software allows you to place all of your patients on an easy monthly payment plan providing the best option to cover emergency or planned medical procedures like root canals or plastic surgery or pay for high deductibles and out-of-network charges.

Payment Plans

  • No Credit Checks
  • Monthly Payments minus fees
  • 10% fee
  • You can charge your own interest
  • Make even more money over time
  • Guaranteed Payments
  • Instant Approvals
  • Finance Anyone for any amount
  • Customizable Interest Rates
  • Flat $30 Enrollment Fee to the patient
  • Guaranteed Payments
  • Monthly Recurring Revenue
  • Secure HIPAA Compliant Financing System
  • Get paid on a daily basis
  • Social Payments - Patients get help making payments during those hard times by family, friends and other kind-hearted individuals

Traditional Loans

  • Credit Checks
  • Upfront Payment minus fees
  • Large Fees
  • Cannot charge your own interest
  • Loose money upfront
  • Interest Rates as high as 29.9%
  • Approvals can take up to 10 days
  • Minimum Loan Amounts Needed
  • Fixed Interest Rates up to 36%
  • Origination fee up to 6% of Loan
  • Non-Guaranteed Payments
  • 60 to 70% Patients Declined
  • Loan/Line of Credit
  • Limited Duration options available
  • No earning include, this costs you a percentage of the loan

Please see the calculator below for a reference of how much revenue you make by not turning away patients.

Denefits Financing Calculator

Number of Patients denied financing per month
{{patient.value}} Patients

{{patient.min}} {{patient.max}}

Average amount of denied treatment
$ {{amount.value|number: 2}}

${{amount.min|number: 2}} ${{amount.max|number: 2}}

Rate of Interest on Denefits
{{interest.value|number: 2}} %

{{interest.min|number: 2}}% {{interest.max|number: 2}}%

Let's see how your practice did in
{{monthDisplay}}

{{month.min}} month {{month.max/12}} Years

You Lost

$ {{(denefitsTotal)|number:2}}

Denefits Financing vs Traditional Financing

Number of Patients financed per month
{{patient.value}} Patients

{{patient.min}} {{patient.max}}

Average amount to be financed
$ {{amount.value|number: 2}}

${{amount.min|number: 2}} ${{amount.max|number: 2}}

Rate of Interest on Denefits
{{interest.value|number: 2}} %

{{interest.min|number: 2}}% {{interest.max|number: 2}}%

Let's see how your practice did in
{{monthDisplay}}

{{month.min}} month {{month.max/12}} Years

You {{gain>=0?'Gain':'Lose'}}

$ {{(gain)|number:2}}

Lenders: Charge 15% of financed amount

  • With Denefits if you were to finance 10 patients per month at $2,000 each with an interest rate of 10% over 12 months you would increase revenue by $265,131.60 after 12 months.
  • With traditional lenders, if you were to financing 10 patients in one month at $2,000 each you would end up getting $16,000.

The best part is that this is just over one month. If you multiplied these by 12 months then you would have the following numbers:

Denefits:

{{month.value*patient.value}} Patients would make you: ${{denefitsTotal|number:2}}

Traditional Financing Companies:

would make you: ${{lenderTotal|number:2}}

That is a loss of ${{denefitsTotal - lenderTotal|number: 2}} with traditional financing companies

Others

Provide software which has credit checks and only approve nearly 30% of the patients who apply for credit. Charge high-interest rates and high fees to the providers so they are left with nearly 20% less than what they should be getting.

Denefits

When you think of financing, what is the first thing that comes to mind? For most, you think loan or line of credit. How do you go about getting one of these? A credit check would be run which now means you are being judged by your creditworthiness. This creditworthiness will be the deciding factor on approval, dollar amount available, or a decline. Medical loans are likely the most expensive way to cover your medical costs, and you must have excellent credit to qualify for the lowest rates offered by lenders.

Get Started With Denefits Today

SIGN UP NOW

Why is Denefits the best financing solution?

PATIENT



Patients Get:

Needed treatment

Affordable Payment Plan

Good Credit since Payments
are reported to Credit Agencies



Patient’s Make Monthly Payments using Denefits

When a patient has a hard time with a payment

Social Payments from friends, family and the community help reduce the burden for patients



Patient and Doctor Agrees on Payment Plan w/ Interest Rate

Payment Terms

DOCTOR



Doctors Get:

To Provide needed Treatment monthly payments with Interest

Recurring revenue to cover next month’s overhead



Monthly Patient Payments are made to Doctors minus Fees

Missed payments are collected by Denefits 7 days a week

Uncollected Payments can be claimed by the Doctor

Denefits Pays out Uncollected Claims with proper documentation



DENEFITS SYSTEM



Denefits Get:

Fees payments

Enrollment Fees and Late Fees



Traditional financing is a way of losing money

PATIENT

Patient Apply for a Loan, Credit Score is Lowered



Patients Get:

Needed treatment

Lowered Credit Score

Unaffordable Payments

Pay high interest rate





60% to 80% of Patients don’t qualify

These Patients can’t get the needed treatment



DOCTOR



Doctors Get:

To Provide needed Treatment only for the 20 to 30% of patients that qualify

Doctors cannot charge interest so they take the Hit of Large Fees



Large Fee and/or monthly fee paid to Lender

Lump Sum or Payments Made to Doctor

TRADITIONAL LENDER



Lenders Get:

High Interest From Patients

Large Fees From Doctors, Late Fees, Loan Origination Fees and other made up Fees



Tell Us More

Tell Us More