Incred Medical Finance

Making life-changing medical procedures more possible for patients than ever before It is human instinct to want to improve our lives, including our intellectual, emotional and physical well-being. As a medical practitioner, your desire to help your patients access the most sound medical techniques for the most desired outcomes is, unfortunately, often thwarted by a patient’s inability to raise adequate funds.

This is where Incred Medical Finance steps in to make this possible. Incred Medical Finance provides affordable financial solutions that are tailored to assist patients with finance for elective surgical and non-surgical procedures. The process is simple and convenient: the patient can apply for financing and find out if he/she is approved within days.

Over the years, elective medical procedures have increased in popularity, and the number performed each year continues to grow. The prevalence of reality TV programmes showcasing the latest cosmetic procedures has led to more awareness than ever before among the general public about the techniques and options available to them, while also removing any stigma attached to undergoing such interventions.

As a result, it is likely that you are seeing more and more individuals who express that they want to feel more comfortable with their self-image, but do not necessarily have the funds available immediately to achieve this. At the same time, you need to ensure that you are able to reduce risk of non-payment as far as possible in order to grow your business.

Incred Medical Finance ensures that your patients are able to access the specialist medical services they require.

Never lose a patient because of his/her lack of available funds

In what is undoubtedly a quantifiable benefit to you, the medical practitioner, Incred Medical Finance ensures that you will not lose a patient owing to his/her financial constraints. As your business partner of choice, the organisation enters into a loan agreement with your patient, ensuring that your fee will be paid to you prior to the procedure.

CEO of Incred Medical Finance, Warren Katz (CA) SA, notes that by referring a patient for a loan, the practitioner is able to provide services on a risk-free basis, because he/she is paid upfront in full.

“If the practitioner extends credit him/herself, the risk exists of not being paid in full if the patient defaults. In this way, referring patients to third-party credit providers is a win-win situation, for both the practitioner and the patient.”

This is a workable solution for individuals who are hesitant to put additional charges on their high-interest credit cards or who may not have the funds available to make a lump-sum payment, says Katz.

Procedures available to be financed include (but are not limited to) the following:

  • Plastic surgery
  • Cosmetic dentistry
  • Fertility treatment
  • Ophthalmology (laser eye surgery)
  • Audiology (hearing devices)
  • Non-surgical aesthetic procedures (skin rejuvenation and body contouring)

Incred Medical Finance provides loans of between R5000 and R100 000 and offers repayment terms to patients over six to 36 months at competitive interest rates. As the medical practitioner, you would receive payment for the procedure three days before it would take place.

Incred Medical Finance is a registered, independent credit provider (NCR registration number: NCRCP5459) and subscribes to responsible lending. The mutually beneficial properties of patient financing mean that the potential to both increase a practice’s bottom line and improve patient satisfaction has never before been so accessible. For further information, please visit www.incred.co.za email info@incred.co.za or call 011-262-2385 to speak to an Incred consultant.

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