Program designed for dental, health-care practices

May 7, 2007
Practice Preferred Financing Program can be used for a variety of practice needs, from equipment financing to working capital to purchasing.

CHICAGO--GE Healthcare Financial Services is introducing a program specially designed for dental and health-care practices.

The company's Practice Preferred Financing Program can be used for variety of practice needs, from equipment financing to working capital to purchasing.

"Providers want to spend less time on administrative chores and more time with their patients," said Catherine Estrampes, general manager for GE Healthcare Financial Services' Vendor and Practice Solutions team. "With the Practice Preferred Financing Program, financing is readily available to manage cash flow, upgrade equipment or expand practices. This flexibility will make it easier for providers to achieve their business goals."

The program offers a flexible suite of products that provides the right financing at the right time:

* An equipment financing line of credit for upgrading or expanding the practice with new equipment or technology.

* A Business MasterCardâ for such general practice expenses as supplies, merchandise and small equipment. Purchasing controls can be applied for selected cardholders, allowing delegation of purchasing authority to selected staff members.

The simplicity and control of the program can help a practice maximize profitability by spending time where it matters most--with patients. The program enhances management and control over spending with specially designed features.

Dentists and doctors receive a single monthly account statement that breaks out all types and amounts of purchasing activity on the business MasterCardâ. They also have online access to monthly transaction activity so spending can be monitored on a real-time basis. Additionally, dentists and doctors will receive a pre-qualified line of credit to acquire the equipment they need faster.

Practices can earn further benefits by enrolling in the optional Productivitysm Points rewards program (subject to enrollment fee and terms and conditions), which awards one point for each $1 spent on the Business MasterCardâ.

These points can be redeemed for travel, merchandise, dining or cash back. In addition, practices will also receive a rebate for all financing under the equipment line of credit after activation of the Business MasterCard.

The Productivitysm Card for Business is developed and supported by GE Money - Corporate Payment Services.

For more information, visit GE Healthcare Financial Services.