Medical Equipment Financing
Medical equipment purchases — from diagnostic imaging to practice technology — represent some of the largest capital decisions a healthcare business makes. We do the work of connecting practices with institutional lenders who understand healthcare financials, not generalists learning the space as they go.
- Medical practices often lease equipment likely to be upgraded within a few years (imaging, lab technology) and finance longer-life equipment with a loan.
- New practices can qualify, though a larger down payment or provider credentialing may be required without an established revenue history.
- Lenders weigh payer mix and reimbursement timing, since it affects the cash flow available for monthly payments.
What medical equipment can I finance?
Our institutional lender network finances the following medical equipment categories:
What lenders consider for medical equipment
- Practice revenue and payer mix, since reimbursement timing affects cash flow available for payments.
- Whether the equipment is revenue-generating (imaging that supports new billable procedures) versus purely operational.
- Useful life and technology obsolescence — some diagnostic equipment is updated frequently, which can favor a lease structure.
- Provider credentialing and time in practice, particularly for newer practices.
Loan or lease for medical equipment?
Practices often lease equipment likely to be upgraded within a few years (imaging, lab technology) and finance longer-life equipment with a loan. There's no single right answer — it depends on your equipment roadmap and how your accountant wants the purchase treated. Our lease vs. buy calculator can help you compare.
Frequently asked questions
Can a new practice qualify for medical equipment financing?
Yes, though newer practices may see a larger down payment requirement. Provider credentialing, a business plan, and personal credit often play a larger role for practices without an established revenue history.
Can I finance refurbished or used medical equipment?
Often, yes — refurbished equipment from reputable sources is financeable, though terms may differ from new equipment given the shorter remaining useful life.
Should I lease or buy diagnostic imaging equipment?
Many practices lease imaging equipment because it's updated relatively often, keeping the technology current without a large capital outlay. Longer-life equipment is more commonly financed with a loan.
How does reimbursement timing affect financing terms?
Lenders familiar with healthcare understand that insurance reimbursement can lag behind service delivery, and factor typical payer mix and collection timelines into how they structure payments.
Request Medical Equipment Financing
Tell us about the equipment you need to finance and we'll be in touch to discuss next steps.