Paycient Boost
Paycient Boost allows individuals to access healthcare services and spread repayments over manageable installments, interest-free for up to 6 months. Providers are paid upfront while patients enjoy flexible financing.
Financing is disbursed to your healthcare provider.
Representative example: Treatment Cost: N1,000,000. Equity Contribution (50% upfront): N500,000. Amount Financed: N500,000. Monthly Repayment: N83,333 for 6 months (Interest-Free). Total amount repayable: N500,000. Fees are subject to change and will be affected by customer risk. Late repayment fees are applicable.
Order Boost
Order Boost enables healthcare SMEs to finance inventory and enjoy extended credit periods for their purchases. Suppliers and distributors receive immediate payment, empowering SMEs to buy more.
Financing is disbursed to the supplier.
Representative example: Loan amount of N1,000,000 borrowed for 3 months. Upfront Fee: 0% Terms and Conditions Apply. Monthly Interest Rate:3.5% flat i.e. N35,000 monthly. Total amount repayable: N1,105,000 (N368,333 monthly X 3). Fees are subject to change and will be affected by customer risk. Late repayment fees are applicable.
Asset Boost
Asset Boost empowers healthcare SMEs to procure medical equipment and upgrade their facilities. It provides "asset" financing for healthcare SMEs empowering them to deliver quality care.
Financing is disbursed to the supplier.
Representative example: Loan amount of N1,000,000 borrowed for 6 months. Upfront Fee: 2% i.e. N20,000 (charged upfront, deducted from disbursement). Monthly Interest Rate: 3.5% flat. i.e. N35,000 monthly. Total amount repayable: N1,230,000 (i.e. N20,000 upfront + N201,667 monthly X 6). Fees are subject to change and will be affected by customer risk. Late repayment fees are applicable.
Documents Required
Individuals
- Company issued identity document
- Bank verification number (BVN)
- National Identity Number (NIN)
- Utility bill of home address
- Invoice from healthcare provider
- Bank statement (3 months)
Individuals
- Company issued identity document
- Bank verification number (BVN)
- National Identity Number (NIN)
- Utility bill of home address
- Invoice from healthcare provider
- Bank statement (3 months)
Sole proprietorships
- Government issued identity document
- Bank Verification Number
- Certificate of Business Registration
- Utility bill of business address
- Invoice of goods, drugs or consumables
- Annual facility and professional practice licenses
- Bank statements (6 months)
- Photo of the facility
- Business insurance documents
Sole proprietorships
- Government issued identity document
- Bank Verification Number
- Certificate of Business Registration
- Utility bill of business address
- Invoice of goods, drugs or consumables
- Annual facility and professional practice licenses
- Bank statements (6 months)
- Photo of the facility
- Business insurance documents
Limited liability companies
- Government issued identity document
- Bank Verification Number
- Certificate of Incorporation, CAC forms 02 and 07
- Board resolution to borrow
- Utility bill of business address
- Invoice of goods, drugs or consumables
- Annual facility and professional practice licenses
- Bank statements (6 months)
- Photo of the facility
- Business insurance documents
Limited liability companies
- Government issued identity document
- Bank Verification Number
- Certificate of Incorporation, CAC forms 02 and 07
- Board resolution to borrow
- Utility bill of business address
- Invoice of goods, drugs or consumables
- Annual facility and professional practice licenses
- Bank statements (6 months)
- Photo of the facility
- Business insurance documents