Simple Patient Finance for Vets
Once signed up with CarefreeCredit, you can offer your clients a range of payment options from either 0% APR or 9.9% APR. The minimum loan size is £250, maximum loan size is £25,000.
All applications are paperless and the decision is instant. The applications are subject to status and a full credit check.
There is no paperwork, perfect for busy practices. The application can be completed in practice, or an email link can be sent to the client to complete the online application at home.
Debtors lists are the bane of the lives of vets. They adversely affect cashflow, cause stress, and take up precious staff time arranging and chasing. Vets also sometimes find it embarrassing to chase debts from clients once we have done our work. We do all of that for you, at a cost far lower than most debt collectors and you will already have your money in the bank!
Our market research shows us that we expect you to have on average practice revenue increases by 22% where these finance facilities are offered, and debtors reduced by 58%.
Once the application is approved, the agreement is between our retail finance bank and the pet owner.
As the vet you get your money into your bank account by Faster Payments within 3 working days minus a small administration fee.
The fee is fully tax deductible as a business expense. And remember you don’t have the credit card terminal fee you would normally incur for a credit card transaction, or any debts to chase.
We only want to serve you as a customer as long as you are delighted with our service.
We welcome feedback and complaints so that we can improve our service to you. But if at any time you feel you would prefer not to continue with us, we will be happy to cancel our service to you immediately.
You are not tied in to long service contracts or any obligation to provide loans to your clients.
We understand that most vets have debtors books.
By using CarefreeCredit we expect you to reduce your debtors books dramatically and you will not need to burden yourself or your business with effectively lending money to pet owners for work you have carried out.
When you become a CarefreeCredit registered practice you can opt to receive new client referrals from us.
We receive a large number of enquiries daily from pet owners looking for help with veterinary treatment, and we refer these directly from our office to you.