MEDICAL FINANCING

Medical Financing

According to multiple sources, thousands of surgeries are performed every day in North America. While many patients can pay the total price of the medical procedure, many others prefer not to break the bank and turn to finance options from personal loans that can help budget the cost with flexible payments to suit specific financial comfort levels..

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  Rapid Access Medical Tourism : provides you with the top 12 personal loan companies that can help cover the cost of medical treatments or other large purchases.
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  Obtaining Financing to Pay for Your Procedure : We work closely with the medical financing institutions that are listed below.
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  Before You Apply For Financing : You MUST request a personalized quote for the total cost of your procedure.

What is a Medical Loan?

A medical loan is a special type of personal loan that’s only used to pay for medical care. Sometimes people find it difficult to finance their medical procedures, which sometimes makes them desperately in search of financing for assistance. Medical loans are one of a few options that you can choose to pay for medical procedures that aren’t affordable. The main objective of medical financing is to provide patients with the money that they need to pay for their medical treatment whether it is an emergency procedure, elective procedure, out-of-network charges, or other medically related costs that are not covered by your health insurance. In most situations, medical financing uses a patient’s credit to finance the cost of any medical procedure. Medical loans are offered by various lenders and the application process is like applying for any type of credit, except, depending on the lender, they may be more flexible in the credit score requirements, or previous credit history than others. Medical loans are usually unsecured loans, meaning they’re not tied to any collateral. With the rising cost of healthcare and the many restrictions on health insurance coverage, many people have no choice but to apply for medical loans to pay for medical care. When it comes to certain procedures or situations medical loans can allow you to get a procedure done to improve your quality of life now, rather than waiting for a long period of time to save up the money. Accepting a medical loan that allows you to manage your health care costs on an affordable payment schedule can be a major step in helping you pay for your medical costs and avoid the burden of worrying about collections or struggling to pay off procedures in one payment.

Here are some of the advantages of working with Med Loan Finance:

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  Highest approval rates. Applicants can get funding with our Credit Card Program and Traditional Lenders with credit scores as low as 630.
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  Multiple lending sources and loan options.
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  12 to 18 Months Interest Free, No Retro Active Charges, if payments not paid on time or at end of interest free period with our Credit Card Program.
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  Lowest Payments for Patients, as low as 1% of Loan Amount with our Credit Card Program.
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  Loan amounts up to $50,000+, installment loans and revolving credit.
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  You can use money from your medical finance program to cover other medically related expenses such as lodging, flights, nursing care, etc
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  Unsecured medical loans do not require you to have collateral
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  You can often receive the funds quickly to pay for a procedure that isn’t covered under your healthcare plan or not considered medically necessary
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  Can be very convenient to pay for a large healthcare expense.