Many patients who have a dental problem firstly get scared of visiting the dentist and then the thought of huge bills deters them from visiting the dentist. Although the dental problem is not always urgent, a patient might want to delay or ignore the procedure. But what about the urgent scenarios? There are times when the patient needs to undergo the treatments immediately. What does the patient do then?
Dental financing…the best way!
Just as in today’s world, you can take a loan to pay for anything you wish to buy, there are third party companies who finance you for your dental procedures. When you finance patients, you as dentists don’t need to worry about the total costs too much. Even if it is a bill more than your competitors would charge your patient, it does not matter much unless you let them pay in small monthly payments.
So what is Dental financing
Companies around the world offer dental financing services to genuine patients. All the patient does is visit the dentist. The dentist tells the patient the cost of the procedure. If the patient wants to get it financed, dentist can finance the treatment with help from third party companies like Denefits. In case the dentist wants to take guaranteed payments, third party companies will take the guarantee for that particular patient. This way, the dentist can finance the patient easily.
These credits are given after the patient pays the minimum down payment as set by the dentist. This down payment is different for different procedures. By taking the down payment, the dentist can be assured of the costs incurred for that treatments. The profits keep coming in monthly payments. The dentist can offer the flexibility of duration to repay the credit. Almost any kind of dental procedure can be easily financed this way.
The down payment comes as an immediate relief for the dentist for the time & hard work put in. The patient gets a breathing space required to payback. As a result, the dental financing scheme creates a WIN – WIN situation for the dentist & patient both.