Consumer finance company zipMoney has entered into an agreement to form a joint venture with MediPlan Group, a healthcare finance specialist.The joint venture partners will form a new healthcare finance subsidiary, with zipMoney holding 51 per cent and MediPlan Group 49 per cent. The joint venture will acquire the assets and operations of MediPlan, which has 1500 clinic relationships and has processed "tens of millions of dollars" of patient loans.zipMoney will run MediPlan's back office, processing all new loan applications on its origination platform.The joint venture agreement gives zipMoney the right to acquire the equity in the joint venture it does not already hold.In a statement to the Australian Securities Exchange, zipMoney said: "The joint venture will seek to provide transparent, responsible and innovative financial services solutions to patients looking to finance elective medical procedures."The patient financing platform will offer real-time patient approvals across all mobile devices, interest-free periods, competitive rates and exceptional customer service."Henry Schein Halas and Regional Healthcare, two healthcare product distribution businesses with links to MediPlan, will provide marketing support to the joint venture.zipMoney, which was listed on the Australian Securities Exchange last September, distributes through retailers and other merchants, providing loans at the point of sale. Its loans are structured as continuing lines of credit with credit limits between A$500 and $15,000.Its target markets include the healthcare, education and travel markets, which it believes are under-serviced. The company processed 8695 transactions worth $9.9 million during the December half last year, up from 5464 transactions worth $3.5 million in the previous corresponding period.