Do your Patients Need Financing?
Are you a medical provider and interested in offering greater financial flexibility to patients for your services? We can help!
Easy Legal Finance has partnered with Medifund to offer financing to Canadians seeking out-of-country medical treatments or surgery. We collaborate with international medical providers just like you, and their patients to facilitate upfront payment, ensuring the timely arrangement of procedures.
By referring patients to us, you can empower them to access the care they need without the burden of upfront costs. Let’s enhance patient satisfaction, make the quality care you provide more accessible, and expand your reach to even more patients in need.
You are welcome to contact us. We will walk you through what we do and how we can help.
How Your Patients Benefit
- No down payment
- Flexible terms from 12 to 60 months
- No collateral
- No early repayment penalties
- Competitive interest rates
- Financing starting at $5,000
Loan Chart
| Loan Size | Minimum $5,000. No maximum. Each loan is evaluated on a case-by-case basis. |
| Interest Rate | Starts at an annual interest rate of 10.99% per year, compounded monthly. |
| Repayment Term | Maximum of 5 years. Loans can be paid off at any time without penalty fees. Shorter repayment terms can be requested. |
| Payments | Monthly. An amortization schedule will be created and provided to you, based on your principal loan amount and term selected. |
| Credit check/Collateral required | Yes. During the application process, a full credit review will be done using the financial information requested from you to evaluate the amount based on the submission of the medical pre-bill or quote. |
| Administration Fee | $400 |
| Pre-Bill for Medical Treatment | Yes. This is required for the loan application process. |
| Payment | The medical facility or clinic will be paid directly by us, based on the pre-bill for the treatment. |
Frequently Asked Questions
It’s as simple as providing your patient with our website and having them complete the APPLY NOW details. Once they’ve applied, we will reach out to them, explain the process, and take it from there.
To complete the application process, they will need the following for us to properly assess a loan request:
- Two pieces of Canadian government-issued ID
- Proof of employment/self-employment
- Confirmation of assets and debts
- Confirmation of surgery or the surgerical pre-quote
We review your patient’s completed application and the supporting documentation submitted for our loan review, as soon as possible. A decision is typically made within two-three business days.
Once approved, we will pay the medical provider directly for the procedure, based on the pre-invoice or bill provided.
All loans will be issued in Canadian dollars based on a one-time exchange calculation of the amount listed on the medical pre-bill or quote.
We offer competitive interest rates, starting at 10.99%. Higher interest rates may apply, based on the patient’s credit score and the risk associated with the surgery.
Our loan terms are set to a maximum of 5 years. Shorter repayment terms are available.
Loans may be paid off sooner than your schedule and there is no penalty to do so.
Medifund provides referral services to their clients for lending solutions provided by Easy Legal Finance.
They can feel free to give us a call. We will see if we can provide additional funding.