Announcement | Proceed Finance

Partnership Announcement

Proceed Finance Announces Partnership with Customers Bank to Meet Rising Demand for Large-Case Medical and Dental Financing

LINCOLN, Neb., Sept. 28, 2023 -- Proceed Finance, an innovative healthcare financing company specializing in funding large-case medical and dental treatments, today announced a strategic partnership with Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE: CUBI). The partnership comes after Proceed Finance’s rapid year-over-year growth established it as one of the country’s fastest-growing healthcare lenders. With this alliance, Proceed Finance will continue supporting and expanding its nationwide network of partner providers, helping them deliver transformative care to their patients.

“Proceed Finance's growth has been nothing short of remarkable,” said Proceed Finance founder and CEO Dave Roehr. “When charting our course for future growth, we realized from our existing relationship with Customers Bank that they were the perfect partner to match us stride for stride.”

In establishing the partnership, Customers Bank recognized Proceed Finance's core value of increasing access to affordable, life-changing healthcare as consistent with its own mission. Customers Bank identified Proceed Finance's leadership in patient financing as a foundation of the partnership.

“As a leading bank with an attestation of helping businesses grow, our corporate values, tailored financial products and focus on exemplary customer service provide the scale and capability for Proceed Finance to further expand its national network,” stated Jesse Honigberg, Executive Vice President, Products and Platforms. “We are excited about working with Proceed Finance’s team and look forward to growing this important relationship.”

To learn more about Customers Bank, visit www.customersbank.com.

To learn more about Proceed Finance, visit www.proceedfinance.com.

About Proceed Finance

Proceed Finance was founded in 2015 to offer groundbreaking financing solutions for complex medical and dental procedures. By combining traditional banking values and credit approaches with leading-edge financial tools and technologies, Proceed Finance has established itself as the preferred patient lender at thousands of locations in the US, including independent offices and large national franchises. Proceed Finance relies on values-driven leadership and has built a robust network of partners that are industry leaders in their respective markets.