| Participating in a medical equipment leasing and | | | | highlights of companies that offer equipment leasing |
| financing program is an important business solution for | | | | options. You can stay informed and compare the pros |
| an established medical practice. Funding is accessible | | | | and cons well in advance to become familiar with the |
| through this type of program to either modernize or | | | | process once an equipment purchase is necessary. |
| upgrade the medical care equipment used in the facility. | | | | You can get free quotes from most medical |
| This may include diagnostic, imaging, laboratory or | | | | equipment leasing and financing companies, valuable |
| office and surgery equipment. A number of companies | | | | information to also help you make the right selection. |
| provide financing solutions that will fit every budget. | | | | Free quotes do not require that you sign a lease |
| Quick pre-approval, low rates, a customized | | | | agreement on the first deal offered. Most leasing |
| repayment schedule, deferred and graduated leasing, | | | | companies require a minimum $5,000 equipment |
| and lenient co-signer and collateral requirements are | | | | purchase before the agreement is approved. You can |
| some of the terms and conditions offered on various | | | | possibly be approved for as much as $3,000,000 for a |
| levels to different medical facilities. | | | | lease term from one to six years. |
| Selecting a medical equipment leasing and financing | | | | Since your medical practice is established (in business |
| program requires choosing the right financing option for | | | | for at least two years), approval for medical |
| your medical practice. Researching different | | | | equipment leasing is faster than for a newly |
| companies will arm you with the appropriate | | | | established medical practice. Still, established practices |
| information for making a decision. Comparing the | | | | may be required to submit financial statements or tax |
| financing options at several different companies will | | | | returns before approval is granted. Also, read the fine |
| help you understand what is available and why so you | | | | print to learn about the purchase options at either the |
| will get the right equipment at the right price. Another | | | | end of the agreement, or before the lease period |
| source for gathering this information is through medical | | | | ends. Make sure there are no penalties if your practice |
| equipment publications which cover trends, news and | | | | wants to purchase the equipment. |