medenta money
Designed to meet the unique needs of the dental team, Medenta Money is a facility that is available (subject to status and application value) from an ever increasing number of the leading companies within the dental industry. What makes this so different is that instead of being based on business accounts and traditional bank and finance house criteria, the acceptance criteria are based on a simple personal credit score. This opens up finance possibilities for just about everyone, simplifies processes and speeds the whole purchase up which benefits purchaser and provider alike.
Depending upon each participating supplier who decides on the scope of facilities that they wish to provide there will usually be a range of standard term facilities (0% APR and 7.9% APR) and extended term facilities (0% APR and 7.9% APR with a deposit required). Most suppliers also offer the unique Buy Now Pay Later (BNPL) which allows for products to be purchased and the payment to be deferred for 6 or 12 months. At the end of the deferment period the options are:
1. Pay in full with no interest incurred.
2. Pay the appropriate monthly sum for 36 months at 19.9% APR
with the ability to pay off the remaining balance at any time.
Any purchases made through Medenta Money give you the additional benefit of 100% tax allowances on all capital purchases and with the BNPL facility in particular you can derive benefit from what you have bought, pay nothing and get a tax handout from the government which in many cases means that by the time you come to pay for it the product has paid for itself!