Medical equipment finance
Medical equipment finance is a type of credit facility that is provided for purchase as well as leasing of various types of medial equipments. These equipments are used in diagnostic labs, hospitals, clinics, research centers etc. If medical equipments are required for long term, it is better if a person goes for leasing of equipments rather than buying them. Amount saved by way of lease can be utilized for other productive activities. Medical equipment finance also provides some tax benefits.
For example, depreciation on medical equipments helps a person in lowering of taxable income. In United States, many laws have been enacted in past few years that aim at providing more savings to people that go for medical equipment leasing. There are many financial institutions and other centers in U.S that provide 100% financial assistance for leasing for medical equipments. Apart from actual cost of medical equipment, other related expenses like freight, maintenance, installation costs, consultation fees etc are also eligible for getting financial support. Medical equipment finance is also provided for upgrading, replacing and adding on existing medical equipments. Medical equipment finance is also provided to various types of professionals like general practitioners, dentists, veterinary surgeons, opticians etc.
Leasing of medical equipment has become quite popular in United States. As per the study conducted, medical equipments worth $2873 million are leased every year. Leasing also provides many types of benefits like tax deductions, immediate write offs, balance sheet management, improved cash flow, customized solutions, easy upgrades, faster processing etc. Many experts feel that for medical equipment purchase, leasing is the most attractive option available as it helps a person in maintaining pace with change in technology. Leasing reduces risks like obsolescence attached with medical equipment. Various types of medial equipment for which leasing and financing is easily available include CT scanners, blood analyzers, optical equipments, rehab equipments, lat testing machines etc.
Let us discuss some sources of medical equipment finance in United States to know more.
Henry Schein is the largest provider of medical equipment financing and leasing in North America. Apart from providing medical financing and leasing facilities for various types of medical equipment, it also offers medical equipment financial plans in countries located outside U.S. Application Only programs enables a person to get finance up to $200000. Approval for this facility is provided in just 90 minutes. It can be contacted at 800-443-2756.
Bibby Financial Services is one of leading medical equipment finance institutions in United States. Financial facilities are provided to private and public hospitals, medical professionals, specialist clinics and surgeries, care homes, NHS, and manufacturers of medical equipments. Medical equipments for which finance is provided range from small ultra sound equipments to sophisticated CT scanners. Finance is also provided for lithotripters, computers, vehicles, and other similar expenditure items.
A person can obtain credit facility for buying medical equipments or for purpose of operating leases and hire purchase etc. When a person obtains medical equipment finance from Bibby Financial Services, he is able to get wealth of experience, knowledge and expertise. Services are provided across the globe. In United States, representatives of Bibby Financial can be called at 877-882-4229.
Another financial institution in United States that can be contacted for getting medical equipment finance is Prudential Leasing Inc. It can be approached at 1500 E. Tropicana Ave, Suite 100, Las Vegas, Nevada. Its phone number is 866-835-7150. Services regarding all types of new as well as used medical equipments are provided in the form of financing and leasing. All credit facilities are provided at easy terms and conditions. As far as quantum of finance is concerned, a person can borrow from $20000 to $10000000 on various types of medial equipments. Loan process can be started by way of single online application form. Businesses and people with less than perfect credit are also eligible to get medical equipment finance from Prudential Leasing. In past few years, Prudential Leasing has also helped many start-up hospitals and clinics in purchasing and obtaining medical equipments on lease. Various types of medical equipment that can be financed at Prudential Leasing include X-Ray equipment, monitor equipment, therapy equipment, ECG equipment, MRI equipment, Ultra Sound equipment, laser equipment, Ventilators etc. There are many types of options provided by Prudential Leasing to its customers. For example, a person can make optional down payments for low monthly cash outflows etc. Finance facilities are provided from 24-60 months and off balance sheet financing is also done.
Direct Capital is another provider of medical equipment finance in United States. Finance facilities are provided for new as well as used medical equipments across the nation. Finance can also be obtained for technological advancements. Loan process can be started by calling the Finance Manager at Direct Capital, who tries to find the best possible solution after taking into consideration the actual needs of borrower. Headquarters of Direct Capital is located at 155 Commerce Way, Portsmouth NH. Its contact number is 866-777-0117. NY office can be contacted at 900 Merchants Concourse, Suite 216, Westbury NY 11590. IL office of Direct Capital can be contacted at 500 North Michigan Avenue, Suite 300, Chicago IL.
Similarly, US Leasing is also one of important providers of medical equipment finance in United States. All leasing and financing applications are provided fast approval. There is minimal down payment required for leasing of medical equipment. Even a person can obtain finance facility with no down payment. Finance facility can be applied by means of simple application. In most of cases, financial solutions are provided without any personal guarantee. US Leasing provides all advantages associated with leasing of medical equipment and thus, is a perfect alternative to bank funding. Master Leases are also provided. US Leasing has been helping medical professionals, hospitals, research centers etc for past 28 years in fulfilling their financial requirements for medial equipments. Dentists and veterinarians are also eligible to get finance. Quantum of medical equipment finance range from $10000 to $10000000. US Leasing is located at 3598 Prospect Road, Fort Lauderdale, FL 33309. Its contact number is 888-2US-LEASE.
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