American HealthCare Lending Offers Checkpay - A Never Before Seen Payment Solution

    SALT LAKE CITY, UT, June 26, 2012 /24-7PressRelease/ -- Nationwide funding provider American HealthCare Lending unveils the revolutionary new payment plan CheckPay , which offers a financing solution based on check writing history rather than credit history. This innovative new option, in addition to the three other solutions they provide, has American HealthCare Lending poised to offer the most comprehensive set of payment solutions for healthcare financing.

The approval process for CheckPay relies 80% on check writing history and only 20% on credit. If the check writing history is clear with no bad checks, approval is issued without looking at credit. If the patient has had issues with bad checks in the past, a credit history is considered to still try to provide funding. A decision is made within 10 minutes. If approved, the patient is required to make a 20% down payment and the office is funded up front. Payments are then automatically deducted from the patient's checking account. As a result, there is no recourse to the provider.

Since CheckPay is a checking solution rather than a traditional bank loan, providers can include a one-time processing fee up to 20% to help lower effective provider discount fees. CheckPay is a no interest solution that offers a 3, 6 or 12 month healthcare payment plan with funding from $500 to $5000. The newly developed CheckPay solution, along with the other options offered on the American HealthCare Lending platform, offers real-time reporting at the click of a button.

American HealthCare Lending allows providers flexibility and ease of use in order to meet their patients' needs. By making financing options available to every single patient, case acceptance can increase dramatically. With the inclusion of this industry-changing lending option, providers can take all financial and credit circumstances into consideration and offer attractive payment options to their patients.

For more information please visit: http://americanhealthcarelending.com/providers/solutions#checkpay

About American Health Care Lending:
American Health Care Lending is a financial services company that operates in a wide variety of medical, dental, surgical and other healthcare-related markets to provide superior service on a nationwide level. American Health Care Lending is partnered with Crown Council, DCE Dental, Advanced Reproductive Care, Getawillnow.com, Obesity Help, Dental Insiders and American Hearing Aid Associates. This market-leading provider offers customers a superior choice for health care lending.

American HealthCare Lending Contact:
For all media, investor, customer or general inquiries, email [email protected] or call 888-602-6066.

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