American Benefit Credit was originally known as American Benefit Finance but changed their company name along the way. The company is based out of Dana Point, California, and offers both loans and credit options for patients seeking financial help for medical expenses.
This company prides itself on being flexible and having low monthly payments. Their interest rates are really quite low as well. They offer financing for a wide variety of industries and boast a decent provider network of 160,000 participating facilities. Although the company provides relatively little information about their background, they do offer several appealing features for patients interested in their products.
Denefits believes that a credit score is not the perfect criteria to assess your current ability to repay a loan. Therefore, they do not check your credit score before financing you. Hence making Healthcare services accessible to all patients.
Headquartered in Overland Park, Kansas, eMedical Financing Solutions provides medical financing through both loans and lines of credit. Though there is little information available about the company’s background, they are fairly transparent about the terms of the financing solutions that they provide.
This company funds a long list of medical procedures, including those for fertility and urology, hair replacement, rhinoplasties, dermatology, Lasik and other ophthalmology needs, cosmetic and bariatric surgeries, and other general surgeries. They do have a network of providers they work with, but they are very flexible about the providers they will pay for your financing needs. The pros and cons of eMedical Financing Solutions pertain to both the company as a whole and the specific terms of their loans and credit options.
Reliance Medical Finance is headquartered in Beverly Hills, California, and is a partner company of Med Loan Finance. The company offers mainly medical loans, as opposed to medical credit, and is a direct lender. While some competitors in this industry just match you with a direct lender, Reliance handles all loans by themselves. These loans can fund cosmetic surgeries and elective procedures, though the company doesn’t really fund loans for other medical treatments.
Ultimately, Reliance strives to instill trust in its customers. One of their goals is to assist customers of all backgrounds—even those who may not have a great reputation with other financing or credit companies. They want their service to be true to their name—reliable—and offer almost two decades of experience in the industry, having been founded in 1998.
Citerra Finance boasts simplicity and speed. The company has about 10 years of experience and offers medical financing to customers solely through loans (not through credit). Their loans can go toward a variety of medical procedures that you might need, including fertility treatments, cosmetic and weight-loss surgeries, and treatments for your knees or hips. They can also go toward dental procedures and Lasik.
Citerra works with several different banks, each of which funds a different kind of medical expense that these loans can cover. In many ways, the logistics of account management, loan terms, and fees are particular to the bank that Citerra has partnered with to handle your loan.