FinTech: With New BNPL Options, Dentistry Bills Become Painless

July 26, 2022 | FinTech, News

New BNPL options are healthier for patients’ teeth, and dental practices.

A third of U.S. consumers have gone without medical care, citing affordability as the main cause of the neglect. This is particularly acute in the case of dentistry, which can lead to sizable bills.

“About 74 million Americans have no dental coverage—almost one-quarter, or 23%, of the population. Even those with coverage struggle to afford expensive procedures, especially when faced with an urgent, unplanned dental surgery. In theory, a practice could be turning away hundreds of patients a month due to high costs and limited financing options,” says Dental Economics.

However, help is at hand. Some lenders are expanding on the buy now, pay later (BNPL) pay-in-four instalments concept by providing fair, fixed-rate loans that dental practices can offer to patients. This gives these practices a new revenue stream, enabling them to accept patients who otherwise couldn’t afford their services. In other words, the truly painless dentists of 2022 are the ones offering crucial treatments in affordable instalments. (

BNPL for dentistry practices

BNPL technology provider Sunbit which together with Transportation Alliance Bank, Inc., dba TAB Bank, offers its system in-store and online at 7,300 locations, including 1 in 4 auto dealership service centers, optical practices, dentist offices and specialty healthcare services.

Last month, Sunbit launched a buy now, pay later solution (BNPL) made specifically for dentistry practices and offers access to financing for procedures between $60 and $10,000.

The application process using Sunbit technology takes 30-seconds with minimal data entry. Well-qualified patients get access to 0% for 6- or 12- month payment plans; 18- and 24- month plans are also available with interest.

Dental offices and groups get paid right away and are not responsible for collections. Sunbit manages the end-to-end experience for the patient.

Related Story: Stripe To Offer Its Users Affirm’s Adaptive Checkout For BNPL

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: Ripple Labs Eyeing Pieces Of Celsius In Bankruptcy Wreckage
August 10, 2022     Digital Assets, News

Ripple Labs, the blockchain payments company that created the XRP cryptocurrency, is interested in purchasing assets of Celsius Network, the crypto lender that was forced into bankruptcy amidst the meltdown…
FinTech: German Bank Nuri Files For Insolvency Amidst Macro Environment And Crypto Bear Market
August 10, 2022     Digital Assets, FinTech, News

Nuri, a digital banking platform and app, offered users crypto transactions as well as normal banking activities including a debit card. The firm announced it had filed for insolvency on…
Artificial Intelligence: AI Robot TX SCARA To Debut In 300 FamilyMart Stores In Japan
August 10, 2022     Artificial Intelligence, Latest News, News

Telexistence Inc., the Japanese robotics company, announced the launch of its TX SCARA restocking robots in 300 FamilyMart convenience stores in Japan later this month as part of its AI-based…–-Splash.png
Alternative Investments/Digital: GraniteShares Launches The First Coinbase Leveraged ETF
August 10, 2022     Alternative Investments, News

US ETF issuer GraniteShares, which first launched leveraged ETFs on single stocks in the UK in 2019, and now offers 106 such products across Europe, has listed a suite of…