Equipment Finance News

Beneficial Equipment Finance creates lease package for dentists

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Beneficial Equipment Finance (BEFC) has created a program to provide flexible financing options for customers of Millennium, a US-based dental laser manufacturer which markets treatments for periodontal disease.

The program offers lease financing for a turnkey solution for Millennium customers to acquire the PerioLase Periodontal Package, including a specialist dental laser and the training required to perform the proprietary procedure.

This acquisition/financing process allows Millennium to streamline its delivery and training processes and maximize the utilization of its resources.

Randy Lawson, Beneficial Equipment Finance vice-president and business development officer, said: “This agreement allows BEFC to provide specialized finance options and onsite trade show support to maximize the benefits for Millennium Dental as dentists seek cutting edge, regenerative options to best serve their patients.”

Lawson is a 20-year-plus industry veteran in the dental market providing equipment finance solutions to BEFC vendor partners.

Mark Monaghan, CEO of Millennium, said: “Although 85% of US adults have gum disease, only 3% accept treatment due to lack of patient awareness combined with fear of traditional treatment.

“We’re pleased to partner with Beneficial as they have presented unique, creative financing solutions, allowing more dentists to become trained in the no-cut, no-sew, no-fear protocol, and ultimately, increase the total number of patients treated.”