SimpleSelect Patient Finance® is a patient financing solution for healthcare providers in the United States, with a focus on LASIK/vision care, medical aesthetics, dental/orthodontics, men’s health, and self-pay programs at hospitals and clinics. It emphasizes that it is “not a credit card,” but rather a closed-end, fixed-rate installment loan similar to an auto loan or mortgage. The company says the program is bank-funded, non-recourse, and available across all 50 U.S. states.
The product mainly comes in three forms: SimpleSelect Standard, with a fixed 16.99% APR and terms of up to 36 months; SimpleSelect Zero™, with 0% APR for 6, 12, 18, or 24 months; and BNPL, with 0% APR over 3 to 12 months, using the patient’s existing major credit card limit and without a credit pull. Standard and Zero require the patient to submit a credit application, typically with a credit score in the mid-600s or higher and no recent charge-offs, repossessions, foreclosures, or bankruptcies. Applications can be completed at the clinic, at home, on a computer, tablet, mobile phone, or by phone. Strong applications may receive a decision in seconds, while borderline cases are usually manually reviewed within 5–10 minutes. Documents are signed electronically via DocuSign.
There is no fee for patients to apply. Standard has no prepayment penalty, and the company highlights that there are no variable rates, penalty APRs, deferred interest, or loan origination fees. Provider-side fees are not publicly disclosed: the cost of Standard is described as comparable to accepting credit card transactions, while Zero costs more and requires contacting sales. There is no fee for providers to enroll. Funding is relatively fast: most loans are funded to the provider within 24 hours after the patient signs the documents, but only on banking business days.
The main advantages are clear terms, fixed interest rates, and genuine 0% plans without interest, reducing the “deferred interest” risk often associated with medical credit cards. The approval and e-signature workflow is also lightweight, making it easier for clinic front-desk staff to explain. The downsides are that it is primarily limited to the U.S.; patients must be 18 or older and have an SSN; the core loan products still depend on creditworthiness; and BNPL relies on the patient’s existing credit card limit. Provider fees, licensing details, APIs, and system integration capabilities are not sufficiently disclosed.
It is best suited for U.S. elective healthcare providers looking to improve conversion for high-ticket treatments, such as dental, medical aesthetics, ophthalmology, and men’s health services. It is not suitable as a general-purpose payment gateway or cross-border acquiring tool. There is no information in the available text about access from mainland China, so the status is unknown. For China-facing merchants, local compliant payment solutions, medical installment financing, or international payment service providers should be considered first.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on simplepatientfinance.com official site.
simplepatientfinance.com is an United States Payments provider. TG4G tracks its product information, an overall rating of 6.0/10, and a China-accessibility score of Limited (proxy recommended). Click "Visit Official Site" to reach simplepatientfinance.com directly.