Dental surgery and treatments are essential for oral health and a beautiful smile. However, the cost of dental treatments can be overwhelming. Knowing dental surgery financing options can make these necessary treatments more achievable. This guide looks at financing methods, payment plans and spreading the cost of dental care over time.
What is Dental Surgery Finance?
Dentist surgery finance refers to various financial solutions that help you manage the cost of dental treatments. With the right finance plan, you can have the dental treatment you need without the immediate financial burden. Dental treatments like implants, dentures, and other procedures are big investments.
You can find a plan that suits your budget and payment preferences by looking at different dental financing options, payment plans, loans and credit agreements. A credit agreement outlines the process and terms of the financial agreement for treatment, including when the contract can be signed, how repayments are structured, whether you can cancel during a cooling-off period and what to do to apply for finance. Signing the credit agreement is part of the finance process.
What are the costs of dental treatments?
Understanding the costs of common dental treatments highlights the importance of choosing the right financial options.
Dental treatments can cost anywhere from a few hundred to thousands of pounds. Implants are expensive due to their complexity and the materials used. Dentures and other restorative treatments add up. Knowing the breakdown of these treatment costs helps you plan and budget. Dental care includes the initial treatment, ongoing check-ups, and maintenance, which should be included in the total cost.
Here’s a quick overview of surgery costs:
| Treatment | Description | Price Range (£) |
|---|---|---|
| Dental Implants | Single Implant (including implant, abutment, and crown) | £2,500 – £3,500 per implant |
| Full Mouth Implants | £15,000 – £35,000 | |
| Tooth Extraction | Simple Extraction (straightforward) | £60 – £250 |
| Surgical Extraction (impacted/difficult, e.g., wisdom teeth) | £120 – £500 | |
| Root Canal Surgery | Single Root Canal | £500 – £1,200 |
| Multi-Root Canal (e.g., molars) | £800 – £1,500 or more | |
| Periodontal Surgery | Scaling and Root Planing (per quadrant) | £250 – £600 |
| Gum Grafting (per site) | £450 – £2,500 | |
| Bone Grafting | Single Site | £250 – £1,000 |
| Sinus Lift | Procedure Cost | £1,200 – £4,000 |
| Orthognathic Surgery (Jaw Surgery) | Extensive procedure and specialist care | £15,000 – £30,000 |
What are the different Types of Dental Finance?
At Medicred, we offer a variety of payment plans to help you manage the cost of your treatment. You can spread payments over time, including options with 0% finance or low-interest terms. Whether you’re interested in structured payments or prefer no upfront deposit with our zero-deposit finance, we provide flexible solutions to fit your budget.
Good budgeting helps you manage treatment costs effectively, ensuring affordability while receiving top-quality care.
Your Local Dentist Can Help with Advice, too.
Your local dentist can be a great resource for finding finance opportunities. Local dentists offer a range of dental work, such as implants, fillings, crowns, and teeth whitening, focusing on quality of care and patient satisfaction. Many dental practices can offer guidance on finance options. They can help you choose a suitable plan and assist with the application process.
For further information, you can contact your local dentist directly or visit their website to explore their support.
How to Find a Dentist?
Finding a local dentist who offers finance options is easy. Start by searching online for dentists in your area who offer payment options or finance plans. Websites and online directories list local dentists and the services they offer. You can also ask friends, family, or colleagues for recommendations.
They may have a dentist who offers flexible finance options. Another resource is your local dental association or professional organisation, which can give you a list of dentists who offer finance opportunities. You can find a dentist who suits your financial and dental needs by looking into these options.
Finding a Finance Provider
Finding the right finance provider can be a daunting task, especially when it comes to dental finance. Here are some tips to help you find a finance provider that’s right for you:
How to Find a Finance Provider?
When looking for a finance provider, it’s essential to do your research and compare different options. Here are some steps you can follow:
- Check with your local dentist: They may have a list of recommended finance providers they work with.
- Check online: You can search for finance providers specialising in dental finance.
- Check with your bank: Your bank may offer dental finance options or be able to recommend a finance provider.
- Check with a finance broker. A broker can help you compare financing options and find the best one.
Or go direct with Medicred: Flexible Financing Solutions.
At Medicred, we understand the financial challenges of dental treatments. We offer dental financing with 0% interest and flexible terms to suit your needs. Our straightforward application process makes securing the funding you need easy without the added stress of high interest rates.
With Medicred, you can benefit from a range of flexible terms that allow you to spread the cost of your dental work over a period that fits your budget.
Apply for dental financing with us today and take the first step towards achieving the smile you’ve always wanted.
How to Navigate the Application and Approval Process
The finance application process involves submitting a finance application, providing income and expense details and a credit check. Once approved, you will receive information on the loan or payment plan terms, including the total amount, repayment period, and interest rates.
Eligibility
Patients usually need to meet specific criteria to be eligible for dental finance. Generally, you must be over 18 years old, have a regular income and be a UK resident. A credit check is often required to assess your creditworthiness. Some dental practices may have specific eligibility requirements, such as a minimum amount of treatment or a certain level of dental insurance. Knowing these criteria upfront can help you prepare and increase your chances of being approved for finance.
Repayment Options and Terms
Depending on the dentist and the finance agreement, dental finance repayment options and terms will vary. Common repayment options are:
- Monthly Payments: Patients can pay monthly over a set period, 12 or 24 months, to make the cost of treatment more manageable.
- Direct Debit: Setting up a direct debit allows regular automatic payments from your bank account so you don’t miss a payment.
- Interest-Free Loan: Some dentists offer interest-free loans for a set period, 12 months, to make dental care more affordable.
- Bank Loans: Patients can also take out a bank loan to cover the cost of their treatment, which may require longer repayment terms.
The terms of the finance agreement will include the repayment period, interest rate and any fees or charges. Read these terms carefully to choose the best option for you.
What are the Benefits of Financing Your Dental Treatment?
Financing your treatment has many benefits. It allows you to spread the cost of treatment over time, making high-quality dental care more affordable. With interest-free loans and flexible payment plans, patients can focus on their health, not the immediate cost.
Considerations and Disadvantages
While dental finance can help you pay for your treatment, there are some considerations and disadvantages to be aware of. Interest rates on some dental finance options can be high and add to the overall cost of treatment. (Lucikly, with Medicred, we don’t charge interest)
Some dentists may charge fees for setting up or administering the finance agreement. A credit check is often required, which can affect your credit score. Be aware of hidden fees, such as late or early repayment charges. To avoid any unexpected costs, read the terms and conditions of any finance agreement before you sign up so you know all the costs and can make an informed decision about your dental care financing.
Final Thoughts – Finance Options are available for an improved smile
Finance options should be considered for any necessary treatment. Knowing the payment plans and the hidden fees and talking to your local dentist will help you find a finance solution.
If you want braces on finance, read our handy blog all about it.
