American Bank, LiquidCare broaden access to health care

American Bank & Trust Rock Island branch. CREDIT DAVE THOMPSON

American Bank & Trust, N.A., a Davenport-based regional financial services company, is partnering with LiquidCare to ensure broader access to health care by providing affordable payment options for patients.

LiquidCare, an affiliate of the health care company, FinTech, Liquid Payments, Inc., has launched what it says is an easy, transparent patient financing solution, redefining what it means to attain affordable health care. 

American Bank & Trust Co. is a $500 million, locally-owned financial services company with a network of 90-plus associates, seven retail locations, and more than 100 surcharge-free ATMs in the Illinois and Iowa Quad Cities as well as Kane County, Illinois. 

“The bank is thrilled to be partnered up with the LiquidCare team as we help broaden access to health care services,”  American Bank & Trust President Jeff Rose said in a news release. 

“Inherent in the LiquidCare approach is to position the borrower – the patient in this case – for a successful repayment experience, building their future credit profile, and uniquely aligning physical and financial health,” he added. “In doing so, the LiquidCare solution directly aligns with the bank’s values, supporting consumers and businesses alike through sound financial products.”

LiquidCare said it enables patients to get immediate access to the care they need with instant access to funding through transparent, customizable and affordable payment options. A cost- and risk-free service for providers, LiquidCare is an innovative approach to health care financing developed in response to the limitations of traditional patient lending options. Learn more at

“We recognize traditional lending options in the market today are expensive for health care practices, render low approval rates, and are generally over complicated,” said Liquid Payments CEO Shashi Kapur. “We developed LiquidCare to address these challenges, taking cost and friction out with a paperless, digital experience, expanded access to financing, and alleviating the provider burden.”

Through LiquidCare, patients with a credit score of at least 580 receive 100% instant approvals for loans and there are no fees for providers. 

Patients can quickly apply for and receive funding via an easy-to-use mobile experience that provides instant financing options via a consumer-friendly “soft” credit check process, the company said. Patients are immediately informed of their approved loan amount, interest rate, and repayment terms, providing full financing transparency. Health care providers can then deliver applicable treatment confidently, knowing they will be paid in full the next business day.

“LiquidCare is a natural complement to our sister company Liquid Payments, Inc., where we remain committed to delivering operational and financial value for health care practices, as well as driving deeper patient engagement, through our innovative payments technology,” Mr. Kapur added.

Interest rates range from 14.99% to 26.99% based on credit scores. Those with scores of 579 or below are ineligible for the program.

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