Nitra Visa Card

Practice Financing for Dermatologists

Dermatologists have highly intriguing financial profiles, despite the fact that most people just think of them as skin physicians. Many dermatologists run their own practices, making them both doctors and businesspeople. 

A dermatology practice's management can be a high-wire balancing act. Dermatologists make clinical judgments every day about the treatment of diseases, the skin care regimens of their patients, and judging new treatment solutions and products.  Dermatologists have deep knowledge and experience in clinical decision-making, but if they own a private practice they must also manage the administration of personnel and business operations and make wise financial and investment decisions in order to ensure efficient operations and higher profits.

These clinical and financial choices are somewhat more intertwined for dermatologists who specialize in aesthetics. Investments in equipment and techniques are necessary for aesthetic dermatology, which doctors must then seamlessly incorporate into their daily practices. Since gadgets take skill and time to operate as well as a certain level of market knowledge on the part of doctors to determine demand, it mixes clinical decision-making with practical operations.

Even though they are more expensive up front, lasers and other equipment come with a set of considerations. The cost of the equipment, financing and other carrying costs, maintenance contracts, consumable costs, and eventually the final cost to the patient must all be considered by practices. Nevertheless, expensive equipment can yield large returns on investment. 

Examples of high end equipment used by dermatologists:

Device
Usage
Lasers and light systems
for a variety of skin treatments including hair removal, tattoo removal, and treatment of vascular lesions
Intense Pulsed Light (IPL) devices
for hair removal and treatment of vascular lesions
Radiofrequency devices
for skin tightening
Microdermabrasion devices
for exfoliation of the skin

Finding a card that offers benefits and exclusive discounts for the supplies and equipment that dermatologists buy most frequently is especially significant because many dermatologists incur high expenditures on their cards. In order to ensure that your financial situation is as flawless as the skin on your patients, Nitra created the ideal business Card for dermatologists - powered by Visa.

While many credit cards and business cards appear similar, subtle nuances can have big financial repercussions. 

While many credit cards and business cards appear similar, subtle nuances can have big financial repercussions.

Chase Ink
Amex Business Platinum
Cap One Spark
Annual Fee

$0

$0

$695

$150

Rewards Multipliers

Unlimited 1.5%

Unlimited 2.2% on medical, 2% on select business and dining, 1% all other

5X on Amex Travel, 1.5X on Electronic Goods, Software & Cloud System Providers, US Construction materials and hardware supplies, & shipping (up to $2M of spend)

Unlimited 2%

Statement Credit Redemption Rate

1%

1%

0.6%

1%

Interest on Rewards

x

3% (Coming Soon)

x

x

Employee Cards

Free

Free

Addt'l $300/card

Free

Virtual Cards

x

Free

x

Free

Receipt Match/Auto Reconcile

x

x

x

Dynamic Spend Limits

x

x

x

Card lock/unlock

Accounting Integration

Medical Offers and Discounts

x

x

x

Partner offers and promotions

x

Lounge Access

x

x

Fraud Protection

Extended Warranty

At Nitra, we understand that starting a dermatological practice or expanding an existing one is a costly endeavor.  Our Nitra Visa business card addresses your medical practice financing needs for both new and existing practices. Through the card, we offer 100% financing on all medical supplies and equipment including medical equipment such as lasers or cosmetic devices. All while giving you the opportunity to earn unlimited rewards.

Medical practice financing can be a daunting task, with a multitude of options - installment loans, credit cards, merchant-financing - and several considerations to factor in. But with the right preparation and by partnering with the right company, you can confidently take on the challenge and secure the financing you need to grow your business.

Financing should be viewed as an investment in your business’s future, so it's important to choose an option that will best fit your needs. With the right loan or card product in place, you can confidently move forward with your business goals and provide the best possible care for your patients.

Get Started in Under 5 Minutes

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.