Here’s what you need to know about the plastic surgery financing options we offer.
To us, there is nothing more important to us than making sure that you are completely comfortable with every aspect of your plastic surgery journey. Plastic surgery is a big financial commitment, one that is important to properly prepare and budget for. Because we don’t want budgetary limitations to delay important treatments or hinder our patients from pursuing their aesthetic goals altogether, we offer financing options for plastic surgery and support you through the application process. Here’s what you need to know.
What financing options does FORM Face + Body offer?
We work with Medicard and Beautifi to offer financing options to our patients.
How should I decide between Medicard and Beautifi?
All providers offer great patient financing options with comparable interest rates and amortization periods, though the application process and approval rates differ slightly. You may choose to submit applications to multiple providers and make your final decision based on the information you receive. Our staff would be happy to assist you with your choice.
Which procedures qualify for financing?
All of the surgical procedures offered at FORM Face + Body qualify for patient financing. Non-surgical procedures may also qualify via Beautifi.
How does plastic surgery financing work?
The first step is to book a consultation with Dr. Somogyi or Dr. Jalil to determine your ideal treatment plan and associated costs. We can then help you to apply for financing with the provider of your choice.
Once you have been approved for plastic surgery financing, your chosen provider will pay FORM Face + Body the full amount requested, and you will repay them over a period of time based on the agreed upon repayment plan.
How easy is it to apply?
Applying for plastic surgery financing is simple, 100% confidential, and most applications are approved quickly.
You can apply for instant approval on the Beautifi website by supplying a few pieces of information, including the amount you’d like to finance. You’ll be shown a breakdown of your payment plan and terms before you process any transaction. Your first payment is typically due one month after your surgery and will continue to be debited automatically on the same day of each month for the remainder of the payment term.
With Medicard, you’ll submit your application online, via phone, or fax; you’ll be asked to specify the amount you would like to finance and your ideal terms (6 months, 1, 2, 3, 4, 5, or 6 years). Once your application is approved, you’ll be notified by phone. You’ll be asked to sign and return the required documents, and to send a void cheque. Your monthly payment will then be electronically debited from your chequing account for the agreed upon term.
Can I finance a portion of the procedure?
Yes – you can choose to finance the whole procedure, or just a portion.
What are the benefits of financing plastic surgery?
Choosing to finance your plastic surgery allows you to break down the total cost into a series of affordable installments, enabling you to budget more efficiently. If your financial situation changes and you’re able to repay the loan in full earlier than expected, there are no prepayment penalties.
What are the potential downsides of financing plastic surgery?
Any financial decision should be carefully considered. It’s important to do your research and ensure you understand the commitment you are making.
Does it cost me anything to apply for financing?
It does not cost you anything to apply for financing or seek approval.
How much will my monthly payments be?
Your monthly payments will vary based on the amount you choose to finance and the length of your term.
You can view Medicard’s sample monthly payment chart here.
How much interest will I pay?
Interest rates are determined based on your credit history, but all providers offer competitive interest rates with no down payment of collateral required.
How often do people get declined?
As with any other financial loan, it’s possible for your application to be declined based on your credit history. While these providers have high approval rates, if you do not have a credit history you can apply with a co-signer whose credit history would achieve an approval and who would be willing to assume liability.
These plastic surgery financing options can help make your dream procedure a reality.
