See the Proceed Finance Difference
|Proceed Finance||Competitor #1||Competitor #2|
|Product Type||Fixed Term Lender||Fixed Term Lender||Credit Card|
|Interest Rates||4.99% - 15.99% APR**||3.99% - 24.99% APR**||14.90% APR** for 24, 36, 48 month loans
16.90% APR** for 60 month loans
|Repayment Terms^||Up to 96 months||Up to 84 months||Up to 60 months|
|Loan Amount||$2,500 - $55,000||$2,000 - $50,000||Up to $25,000|
|Lowest Payment for a $10,000 Plan||$158/month for 96 months
@ 10.99% APR**
|$181/month for 72 months
@ 8.99% APR**
|$248/month for 60 months
@ 16.90% APR**
|Lowest Payment for a $30,000 Plan||$474/month for 96 months
@ 10.99% APR**
|$500/month for 84 months
@ 9.99% APR**
|$744/month for 60 months
@ 16.90% APR**
|Late Fees||Lesser of 5% of monthly payment, or $10||Lesser of 5% of monthly payment, or $5||Up to $37|
|Down Payment Required||No||No||No|
|Origination Fees to Patient||No||No||No|
** APR = Annual Percentage Rate
^ Not all terms are available to all Fair Credit borrowers
Estimate a monthly payment.
Why Choose Us
Our Promise to You — We founded our company on two ideas: that patients should be able to seek treatment without incurring insurmountable financial challenges, and that every party involved should have access to a fair financing product. When you choose our services, you can be assured that not only will your patients have the best possible care from you, but also the best possible way to pay for it. And we'll never assess hidden, origination, or application fees, or any number of costs and stipulations that many other providers charge.
Grow Your Business — Proceed Finance generates instant credit decisions and quick funding, leading to happy patients who are likely to return for future treatment and refer friends and family.
Discover the Benefits — We like to keep it simple. Easy to understand statements, quick delivery of approved funding, and online account management are just a few of the tools we offer to make working with us a snap.
Make the right choice for your patients and your practice.
Proceed Finance has solved the patient’s affordability hurdle to dental treatment acceptance.Dr. Justin Moody
Proceed Finance really has built a better mousetrap.Dr. Justin Moody
What benefits do you offer that your competition does not?
We offer longer repayment terms and lower interest rates than our competitors to a broader spectrum of borrowers, so that a larger percentage of patients can receive treatment.
What are the minimum qualifications for my patients to get a loan?
At minimum, a potential borrower must have $24,000 or more in gross annual income, a satisfactory credit report, a valid email address, and be able to afford the monthly payment to be offered a loan. We use a number of decisioning factors to make an instant determination so the patient will know immediately if there are loan options available to them.
What if my patient stops paying?
Proceed Finance loans are fully funded up front, with no repayment risk to providers. We take on the borrower’s repayment risk so you can focus on more important things, like treating your patients.
When and how does the funding from Proceed Finance occur?
We are committed to rapid delivery of funds. Funds from Esigned loan documents will be deposited directly into your designated account within 3 business days of signing. Loans that are printed out for signature and then uploaded for review will extend that process by a few days.
© 2018 Proceed Finance loans are provided by Security First Bank, a Nebraska state-chartered bank.