Cherry vs other patient financing providers

See why 60,000+ practices use Cherry first for patient financing.

  • Better financing terms for you and your patients
  • More patients, more treatments accepted, and lower merchant fees
  • 78% more patients get approved than the industry average
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TRUSTED BY OVER 60,000 MEDICAL PRACTICES
Dental & Orthodontics • Medical Aesthetics
Plastic Surgery • Vision • Hearing • Veterinary

How Does Cherry Compare?

Get better financing terms for you and your patients

Give your patients a superior checkout experience with higher loan approval rates, larger loan amounts, and a seamless experience where they can apply for Cherry financing from start to finish in under 35 seconds.

Offer flexible plans from 4 interest-free payments every 2 weeks to longer installments up to 60 months, with qualifying 0% APR
Two side-by-side comparison charts showing payment progress: left chart labeled 'Pay in 4' with 1 of 4 payments paid, right chart labeled 'Pay monthly' with 12 of 24 payments paid.
At the same time, keep more of every transaction with our lower merchant processing fees, with savings as much as 50%.
Comparison chart showing Cherry vs other patient financing providers, highlighting lower merchant fees, higher approval rates, larger loan amounts, and faster application times.
Graphic showing Cherry approval rates around 90% compared to about 45% for other patient financing providers.

Cherry has a higher patient approval rate

We surveyed 66 random patients who applied to both Cherry and the leading medical credit card provider and the results were stunning!
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  • Cherry has a higher or same approval rate 97% of the time
  • Cherry has an industry-leading ~90% approval rate

Cherry has a frictionless experience & the most patient friendly terms

Patients can quickly preview their payment plan options with Cherry, thanks to our simple application. With no hard credit check anywhere in our process, applying won't impact their credit score.

Patients are more likely to be approved for funding and more likely to receive 0% APR options with Cherry. The cherry on top? We offer true 0% APR, instead of predatory deferred interest promotions that are designed to make borrowers pay more.
Comparison table showing Cherry and other leading financing providers on soft credit pull, credit score requirement, true 0% APR options, and retroactive APR, with Cherry offering more favorable terms.