Sunbit Launches Buy Now, Pay Later Solution For Dental Industry

Posted: June 17, 2021
Edited by Dentaltown staff

LOS ANGELES—Sunbit has launched a buy now, pay later (BNPL) solution made specifically for dental practices. Sunbit's BNPL program, made for dental, offers access to financing for procedures between $60 and $10,000, with six-, 12-, 18- and 24-month payment plan options. All qualified patients get access to 0% for six- or 12-month payment plans. Sunbit powers the application process and manages the collections process. The dental office gets paid right away, contributing directly to the cash flow of the business without the risk of a patient defaulting on the loan.

"We are committed to improving our patients' lives by offering them the best possible dental care by providing access to financing options that are fair and accessible to nearly everyone," said Dr. David Ting, founder of BDG Dental. "The paperless application is incredibly easy, and we've already seen a 151% increase in patient approval rates and nearly $1 million incremental sales in the first 8-months with Sunbit technology."

In addition to its focus on patient experience, Sunbit is also practice-focused, providing tools and support to ensure successful implementation. The platform offers near real-time reporting so that practice owners, office managers and treatment coordinators can review their performance at the coordinator, office or dental service organization level. This includes the number of applications, approval rate and production earned from Sunbit's technology. Dental practices are assigned a dedicated success team to ensure that office managers and treatment coordinators are trained, certified and continually engaged so they can confidently take full advantage of Sunbit technology.

For more information, visit sunbit.com/merchant-benefits/dental.
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