The BNPL dental solution offers access to financing for procedures between $60 and $10,000, with 6, 12, 18, and 24 month payment plans.
Sunbit has launched a buy now, pay later (BNPL) solution made specifically for dental practices. The company’s BNPL dental program offers access to financing for procedures between $60 and $10,000, with 6, 12, 18, and 24 month payment plans.
Patients reportedly complete the application process on the company’s platform. Sunbit manages the collection process. According to the company, the dental office gets paid right away.
“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.”
According to the company, its 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.
Practice’s are assigned a support team to ensure office managers and treatment coordinators are trained, certified, and engaged with the platform.