How to Offer
Patient Financing
for Elective Medical Practices
No setup fees. No monthly fees. No platform fees.
Patients want elective care, but many don’t want to pay the full cost upfront. Offering patient financing helps bridge that gap—so patients can move forward with treatment and your practice can improve case acceptance, reduce payment friction, and protect cash flow.
This guide breaks down exactly how to offer patient financing in your practice, from choosing the right financing model to integrating financing into your consultations and measuring performance. If you want a streamlined approach, Elective Medical Financing makes it simple: one application, access to multiple lenders, and 25–30% more approvals (based on internal performance benchmarks).
How It Works for Your Patients
Three steps. That’s it.
Patient applies once
A 3-minute application on their phone — branded to your practice. One form, not five. Soft credit check only.
They get matched to multiple lenders
Ottri routes their application through multiple lenders in sequence — finding the best available offer based on their profile. No repeated applications, no file damage.
They pick an offer, you get paid
Patient selects their best option. Funds go directly to your practice. Your front desk never plays loan officer.
How It Works for Your Practice
Six Distinctions.
25-30% more approvals
Multiple lenders means patients who'd be declined elsewhere still get approved through Ottri.
Your brand, not ours
The patient experience is fully branded to your practice. Your logo, your colors. They trust you, not a lender.
Send from anywhere
SMS, email, QR code, website embed — financing at every point of contact. Send a link while they're still in the chair.
Live in 15 minutes
No 30-day onboarding. No paperwork gauntlet. Sign up, configure your brand, start sending.
Real-time dashboard
Track every application, see who's approved, funded, and at-risk. Know what's happening before your patients do.
No platform fees
No setup fees. No monthly fees. No software charges. Standard lender rates apply — often as competitive as going direct.
Want to see how this financing platform can make you more money?
Try Our ROI Calculator
Why Choose Elective Medical Financing?
Many financing programs are built as one-size-fits-all products. Elective practices often need something more flexible: broader approvals, a clean patient experience, and an onboarding process that doesn’t drain staff time.
Elective Medical Financing is designed to help practices offer patient financing in a way that’s simple to implement, easy to explain, and built to improve approval outcomes—without adding platform costs.
One Application, Multiple Lenders
Patients don’t all fit neatly into a single underwriting box. A multi-lender approach can help you support more patients without forcing your staff to juggle multiple applications or portals.
With Elective Medical Financing:
- Your practice completes one setup process
- Patients submit one application
- Eligible patients can be matched with offers across multiple lending options (where available)
This approach is designed to reduce friction for patients while expanding coverage across different credit profiles.
Higher Approval Rates
Approval rates matter because approvals drive schedules. If a patient is motivated but gets declined, your practice may lose the case—especially when the procedure is elective and the patient is comparing options.
Elective Medical Financing is built to help increase approvals through a streamlined application experience and multi-lender access. Many practices see 25–30% more approvals based on internal performance benchmarks and practice-reported outcomes.
Transparent, No-Fee Pricing Model
Practices should be able to evaluate financing without worrying about hidden platform costs. Elective Medical Financing is positioned as:
- No setup fees
- No monthly fees
- No platform fees
That means your team can focus on implementation and performance rather than recurring software overhead.
How We Compare
Below is a high-level comparison to help practices understand common differences between approaches. Specific features can vary by program and market, so use this as a starting point.
| Feature | Elective Medical Financing | Cherry | Commerce Healthcare | CareCredit |
|---|---|---|---|---|
| Educational “how it works” guidance for practices | Yes | Limited on onboarding page | Yes | Yes (insight-focused) |
| One application with access to multiple lenders | Yes | Typically single solution | Varies | Typically single solution |
| Focus on elective medical practices | Yes | Broad | Broad | Broad |
| Practice-facing onboarding designed for speed | Yes | Strong signup CTA | Yes | Yes |
| Transparent platform fees | No setup/monthly/platform fees | Varies | Varies | Varies |
| Built-in resources (scripts, workflow tips, training) | Available | Not emphasized | Some | Some |
Stop losing patients to a
system that was never built
for them.
Join the practices already recovering revenue with multi-lender
financing. No platform fees. Live in 15 minutes.
The Real Cost
Five words that cost your practice $14,000:
“Let me think about it.”
A patient walks in ready for a $4,500 procedure. They hit a payment wall, get declined by your single lender, and leave. They don’t come back. You don’t just lose $4,500 — you lose their lifetime value.
Your patients aren’t saying no.
Your financing setup is.
One application. Multiple lenders. 25-30% more approvals.
Ottri’s multi-lender platform finds patients the best financing option — so they schedule, not stall.
Disclaimer: Financing terms, amounts, rates, and approval are subject to underwriting and vary by program. This content is for informational purposes and does not constitute financial advice.