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Nexion transactions up to R25,000 now eligible for finance with Medifin

Due to the popularity of Nexion Finance, and customer requests, Medifin has agreed to increase the maximum eligible amount for financing from R15,000 to R25,000.00.

All newly created Nexion Payment Links for amounts between R1,000 and R25,000 will automatically give your patients the option to apply for Financing.

  • You get paid in full on approval of financing.
  • The practice is not involved in the application or the collection.
  • Collection Liability moves entirely to Medifin
  • To complete the application your client will need:
    • 3 months bank statements for transactions under R15,000, most transactions under R15,000 are eligible for Instant approval.
    • For transactions over R15,000, additional documents might be required, approval will be within 48 hours of successful submission of all requested documents.

Financing is subject to approval based on requested documents submitted via upload during the online application process.

Scenarios where Instant Finance can be a useful option,

  • Requests for payment arrangement over time.
  • Patient is delaying treatment due to affordability.
  • Has an overdue account and you are struggling to collect.
  • Anticipated Medical Aid claim shortfall.

Send an online payment link to your patient to start the application process

https://www.nexion.co.za/wp-content/uploads/2020/06/Web-Link-Standalone-User-Guide-FINAL-v20210312.pdf

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