Audiology & Hearing Aid Financing: Offer up to $30K, Approve up to 90%

Top Choice for Hearing Care & Hearing Health

Treat more patients with Cherry Payment Plans for expenses up to $30,000. Payment plans range from 6 weeks of always interest-free to 60 months.

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Approve up to 90% of patients for a True 0% APR offer (no deferred interest)

No hard credit check

Increase conversion rate, volume and profit

Easy to use for patients and staff

Smiling man in a gray polo shirt has his ear examined by a healthcare professional using an otoscope in a clinical setting.

More Patients,
‍More Treatments,
More Revenue.

+50% increase
in case acceptance

+67% increase
in ticket size

~90% industry-leading
patient approval rate

Approvals exclusive
to your practice

BOOK YOUR FREE DEMO

Make Payment Easier

Offer flexible plans from 4 interest-free payments every 2 weeks to longer installments up to 60 months, with qualifying 0% APR or as low as 5.99% for interest-bearing long-term plans

Enable your patients to pay for expenses over time, within their budget

Monthly and weekly pricing are a lot easier to talk about

Pay in 4 payment progress circle showing 1 of 4 payments paid in green and the rest in gray.

Circular progress chart showing Pay monthly with 12 of 24 payments paid, half the circle filled.

Save on Time & Money

Lower your
merchant fees

Save as much as 50% on your merchant processing fees.

Get paid
upfront

Receive full payment in 2-3 business days. Easily improve your cash flow.

Reduce billing
headaches

Cherry handles repayment directly with your patient, so you can focus on providing care.

BOOK YOUR FREE DEMO

Hearing Care Provider FAQs

What is Cherry?

Cherry is the preferred healthcare-focused financing company at over 80% of providers where Cherry is available. It helps hearing centers, audiologists, and hearing care professionals offer flexible financing options for hearing care services. With Cherry, patients can finance hearing devices and related medical expenses by splitting the total cost into manageable monthly installments or weekly payments.

Cherry allows practices to receive the full purchase amount upfront while patients pay over time. This helps hearing centers reduce upfront barriers tied to the cost of hearing aids, improve access to better hearing solutions, and support long-term hearing health, wellness, and quality of life without managing in-house financing.

How does Cherry work?

Cherry makes hearing care financing simple and transparent:

Patients complete a 35-second application online or at checkout using a soft credit check that does not hurt their credit score
If approved, patients see financing plans based on eligibility, credit approval, and repayment terms
The hearing center receives the full upfront payment (minus a merchant fee), typically within 2–3 business days
Patients repay Cherry over time through predictable monthly payments

This streamlined process helps hearing care professionals present payment options clearly while maintaining a smooth checkout experience.

Why should we offer Cherry financing options at our practice?

Many patients delay treatment due to hearing aid prices, limited hearing aid coverage by insurance, or large upfront costs. Offering flexible financing options helps hearing care professionals improve treatment acceptance while supporting patients who are hard of hearing, managing tinnitus, or seeking better hearing to improve their quality of life.

By offering hearing aid financing options, practices can reduce out-of-pocket costs, support self-pay patients, and deliver high-quality hearing care without relying on in-house payment plans or exposing the practice to credit risk. The providers who use Cherry benefit from:

A 35-second application that never hurts credit score
Instant credit decisions
Flexible financing plans with loan amounts up to $30,000 and terms as long as 60 months
High credit approval rates across credit profiles (up to 91%+)
No hidden fees, deferred interest, or compounding interest
Upfront payment to the practice
Reduced administrative hassle compared to in-house payment plans
Exclusive approvals
The lowest merchant fees in the industry

What hearing care services and devices are eligible for Cherry Payment Plans?

Cherry Payment Plans can be used for a wide range of hearing care services and treatment-related expenses, including:

Hearing exams, including in-office evaluations and online hearing test services
Audiologist services and hearing care professional services
Hearing aid fittings and follow-up care
Prescription hearing aids and OTC hearing aids
A pair of hearing aids, including in-the-ear styles, recommended as part of a treatment plan
Rechargeable and Bluetooth-enabled hearing devices
In-the-ear hearing instruments and bone conduction hearing devices
Custom earmolds and sound processors
Hearing implants and related medical devices
Cochlear implant surgery and related procedures

Cherry can also be used for bundled care, extended warranty options associated with hearing devices, and other medical expenses tied to comprehensive hearing treatment.

Can Cherry Payment Plans cover the full cost of care?

Yes. Cherry can be used to finance the full cost of care, including upfront costs associated with hearing devices, professional services, and treatment plans. This may include deductibles, co-payments, coinsurance, and other out-of-pocket costs related to private insurance plans.

This allows hearing centers to present a clear, upfront price rather than splitting payments across multiple payment options.

What financing options and loan terms are available?

Cherry offers flexible financing options designed for healthcare, including:

Financing plans up to $30,000 that cover a range of treatments and devices
Short-term interest-free Pay-in-4 options
Longer-term loans up to 60 months with true 0% APR for qualified borrowers
Fixed interest rates with no deferred interest charges, compounding interest, or hidden fees
Repayment options designed to keep monthly payments predictable

These flexible payment plans help practices serve a wide range of patients, including those combining financing with insurance reimbursement, or funds from a health savings account (HSA) or flexible spending account (FSA).

How quickly can hearing centers integrate Cherry?

Hearing centers can integrate Cherry the same day, allowing providers to immediately offer hearing aid financing options without operational disruption. Practices also receive marketing materials to help explain payment options and eligibility at checkout.

How long does the application and credit approval process take?

Patients can apply online and receive an instant credit approval decision within 35 seconds. The application uses a soft credit check and does not negatively impact the patient’s credit score. Our fast, patient-friendly application process is just one of the reasons Cherry is the preferred financing partner of over 80% of practices that have tried it.

What is your approval rate?

Cherry maintains an industry-leading approval rate of up to 90% across credit profiles, helping hearing centers serve patients with good credit, limited credit history, or lower credit scores. It’s just one of the reasons Cherry is offered first by providers five times more often than other available financing partners.

Does Cherry perform a hard credit check?

No. Cherry never performs a hard credit check. All applications use a soft credit check that does not harm credit score.

How do patients make down payments?

A down payment equal to the first installment is collected at checkout. Patients can pay using a debit card, major credit card, or ACH transfer. Credit card payments may include a small processing fee of 2.99% for the cardholder. Prepaid cards are not accepted.

Can patients manage their payment plans online?

Yes. Patients can manage payment options, update payment methods, and track balances through a convenient online dashboard.

Who handles customer service?

Cherry provides US-based customer support and manages all inquiries related to payment plans, interest rates, and account management. This allows hearing centers and healthcare providers to remain focused on care delivery.

Are patients with insurance coverage eligible?

Yes. Patients can use Cherry alongside private health insurance, Medicare Advantage plans, Medicaid program benefits, and other health plans. Financing can help cover costs not fully paid by insurance companies.

Why do patients use financing even when they have insurance?

Insurance plans often include deductibles, coverage limits, and exclusions for hearing devices. In many cases, Medicare covers limited hearing services, leaving patients responsible for significant out-of-pocket costs. Financing helps bridge the gap between coverage from an insurance provider and the actual cost of care.

Can Cherry be used alongside financial assistance from charities and nonprofit organizations?

Yes. Cherry can be used alongside financial assistance programs offered by charities, nonprofit organizations, and public or private support initiatives that help individuals afford hearing care. Some patients may qualify for grants, subsidies, or assistance programs designed to support low-income individuals or those facing financial barriers to accessing hearing services.

Examples include nonprofit initiatives such as the Hearing Aid Project, advocacy and education organizations like the Hearing Loss Association of America, and industry-supported resources connected to the Hearing Industries Association. In some cases, patients may also receive support through vocational rehabilitation programs when hearing loss affects employment, job training, or workplace participation.

When financial assistance or a subsidy does not fully cover the cost of care, Cherry can be used to finance the remaining balance. This allows hearing centers to combine third-party financing with external assistance programs so patients can move forward with treatment without delaying care due to cost.

Does Cherry cover brand-name hearing devices and audiologist services?

Yes. Cherry can be used for brand-name hearing products and advanced hearing solutions offered by a hearing care professional or audiologist. This includes high-quality hearing aids, hearing implants, and sound processors from leading manufacturers such as Cochlear Americas and Advanced Bionics, including products found on cochlear.com.

Cherry helps patients afford the best hearing aids and services for their particular situation, whether those are brand-name prescription devices, high-end consultations, implantable solutions, or other hearing instruments selected based on hearing loss, lifestyle, and treatment goals. These products are often bundled with professional services, warranties, and follow-up care, allowing patients to move forward with comprehensive treatment plans without paying the full cost upfront. Financing makes it easier for patients to proceed with care when they’re ready to buy hearing aids or services recommended by their provider.

How does Cherry compare to other payment methods?

Patients often compare Cherry to healthcare credit cards, personal loans, or other buy now, pay later solutions:

Healthcare credit cards (CareCredit): Unlike CareCredit, Cherry does not rely on deferred interest, revolving balances, or accounts issued through Synchrony Bank.
Personal loans: Cherry offers faster credit approval, no hard credit check, and qualifying interest-free options that traditional personal loans typically do not offer.‍
Retail BNPL providers: Cherry is designed specifically for healthcare, supporting higher purchase amounts and low monthly payments.

These are just a few of the reasons that providers choose to lead with Cherry over 5x more often than Sunbit, CareCredit, PatientFi, and other financing partners.

Are there origination fees or hidden fees?

No. Cherry does not charge origination fees, prepayment penalties, or hidden fees. Interest charges apply only where clearly disclosed upfront.

Are there any fees for our practice?

There are no subscription fees, annual fees, setup fees, or equipment fees. The only fee for offering Cherry Payment Plans is a merchant fee per transaction, which is the lowest in the industry.

What happens if a refund is needed?

Refunds are handled easily in your Cherry Provider Portal. Both partial and full refunds are supported within 60 days of the transaction. After that, it’s up to the practice to coordinate directly with the patient.

Full Refunds: A full refund cancels the patient’s contract. The practice receives reimbursement from Cherry for processing fees, and the patient receives a credit for any remaining balance owed.‍
Partial Refunds: A partial refund issues a partial credit to the patient, not to exceed the full remaining balance. Cherry prorates and reimburses the practice’s processing fees. Partial refunds can be performed multiple times and only up to the full remaining balance.

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Top Choice for Hearing Care & Hearing Health

The (Almost) 5 Star Payment Plan Company

The (Almost) 5 Star Payment Plan Company

More Patients,
‍More Treatments,
More Revenue.

Make Payment Easier