East Bridge Funding is proud to offer an all new second-lookhearing aid financing program to audiologists and other hearing aid providers. This program was specifically designed to approve applications that were turned down from a primary lender such as CareCredit®.
A familiar problem.
If you have tried other hearing aid financing programs that claim to approve a wider range of credit risks, you most likely have been disappointed. The reason that those programs do not work is because primary lenders in the hearing aid financing space approve deeper into the credit pool than they normally would in other industries. Traditional second-look programs are designed to approve mid-range credit, but not poor credit. So they are not able to approve an acceptable amount of turn-down applications from a primary source.
A Hearing Aid Financing Program that Really Works.
We listened to people in your industry and took a good look at the credit demographic that was being turned down for hearing aid financing by primary providers. We knew that special attention had to be given to this demographic in order for a program to work. Just because a person has limited credit or is on social security income, does not mean that they are not credit worthy. This program takes those factors into consideration.
Summary of Hearing Aid Financing Program
Installment Loan
18.99% APR to debtor
Credit Limit: $1000-$10,000
Term 24 months
Easy application process (pre-populated forms)
No prepayment penalty charges
Why it Works.
East Bridge Funding utilizes thealliancesit has developed within the finance and debt buying industry to create a hearing aid financing program that will actually give your credit challenged patients a chance to resolve their hearing problems. We quickly hand underwrite each application so that each debtor is not graded by credit score or income level. We understand that many patients are a lot more credit worthy then their credit reports say they are. Stop throwing applications and potential revenue in the trash. Call us today.