Finance any clinical or diagnostic equipment from $10,000 to $5,000,000 with terms up to 60 months. No real estate collateral. Equipment is the collateral. Same-day approvals for purchases under $150,000.
Medical equipment is among the most capital-intensive investment categories in any business sector. A single MRI system can cost $1,000,000–$3,000,000 installed. A CT scanner runs $350,000–$800,000. Even "smaller" equipment like a digital X-ray room or an ultrasound machine represents $40,000–$120,000 that cannot come from a single month's collections for any but the largest practices.
The case for financing medical equipment rather than purchasing outright is straightforward: equipment generates revenue from Day 1 of installation. An ultrasound machine billing 8 scans per day at $200–$400 per scan generates $400,000–$800,000 per year in professional fee revenue. At a cost of $60,000 financed over 48 months at $1,400/month, the equipment pays for itself in the first 2–3 months of operation. Preserving working capital rather than spending it on equipment allows you to invest in staffing, marketing, and operations that grow the practice simultaneously.
Additionally, equipment financing preserves your business credit lines for operational cash flow needs. If your business line of credit is your emergency payroll buffer, you don't want to spend it on an MRI. Equipment financing provides dedicated capital for capital equipment, keeping your revolving credit available for day-to-day operations.
The following pricing ranges reflect current market rates for new equipment. Certified pre-owned equipment typically runs 40–60% of new pricing for major systems.
| Equipment Category | Representative Models | New Price Range | Typical Term |
|---|---|---|---|
| MRI Systems | Siemens MAGNETOM Altea 1.5T, GE SIGNA Creator | $900,000–$2,500,000 | 60 months |
| CT Scanners | GE Revolution Maxima, Siemens SOMATOM go.Top | $350,000–$800,000 | 48–60 months |
| Digital X-Ray (DR) | Carestream DRX-Evolution Plus, Canon CXDI | $40,000–$140,000 | 36–48 months |
| Ultrasound Systems | GE LOGIQ E10, Philips EPIQ Elite, Mindray DC-80 X | $30,000–$120,000 | 36–48 months |
| C-Arm Fluoroscopy | Ziehm Vision FD, OEC Elara 15 | $80,000–$250,000 | 48–60 months |
| Mammography Systems | Siemens Mammomat Revelation, GE Pristina | $150,000–$350,000 | 48–60 months |
| Surgical Tables | Mizuho OSI Hana, Trumpf Medical TruSystem | $25,000–$85,000 | 36–48 months |
| Patient Monitors | Philips IntelliVue MX500, GE CARESCAPE B650 | $8,000–$25,000 each | 24–36 months |
| Examination Tables | Midmark 626, Ritter 75L | $2,500–$6,000 each | 24–36 months |
| Infusion Pumps | Baxter Sigma Spectrum, BD Alaris | $3,000–$8,000 each | 24–36 months |
| Lab Analyzers | Roche Cobas 6800, Siemens ADVIA Chemistry | $50,000–$300,000 | 48–60 months |
| Endoscopy Systems | Olympus EVIS X1, Pentax Medical i10 | $40,000–$120,000 | 36–48 months |
Consider a practice evaluating the purchase of a GE Healthcare LOGIQ E10 ultrasound system at $65,000:
Option A: Cash Purchase
Spend $65,000 from working capital. Ultrasound generates $180,000/year in revenue. Over 5 years: $900,000 in revenue, $65,000 in equipment cost. But: the $65,000 depleted your cash reserve, forcing you to pass on a marketing campaign that would have generated 50 new patients/year at $300 average lifetime value = $75,000 in missed revenue over 5 years.
Option B: Equipment Financing (48-month term, ~$1,550/month)
Total equipment cost over 48 months: ~$74,400 (includes financing cost). Ultrasound generates $180,000/year in revenue. Over 5 years: $900,000 in revenue, $74,400 in total equipment cost. But: you kept $65,000 in working capital, ran the marketing campaign, gained 50 new patients, and generated $75,000 in additional revenue. Net advantage of financing vs. cash: $65,600 in recovered opportunity cost.
This is why the most financially sophisticated medical practices use equipment financing for virtually all capital equipment purchases, regardless of whether they have the cash to buy outright.
Certified pre-owned (CPO) medical equipment from reputable dealers offers significant cost savings — typically 40–65% off new pricing for major systems — while maintaining clinical utility. A CPO Siemens 1.5T MRI system that cost $1.8 million new can be acquired for $600,000–$900,000 with a full 12-month warranty and manufacturer-authorized refurbishment documentation. We finance CPO equipment from reputable medical equipment dealers with verified service histories.
Key CPO considerations: verify FDA clearance status has not expired, confirm software version is still supported by manufacturer, review service contract terms, and confirm coil set completeness for MRI systems. Our funding team can advise on CPO due diligence questions.
Obtain an equipment quote from your dealer (GE, Siemens, Patterson, Henry Schein, etc.) and submit it with your financing application.
Receive approval in 24 hours for purchases under $150,000. Larger systems take 2–5 business days. Terms, rate, and monthly payment all disclosed upfront.
We pay the equipment vendor directly. No need to transfer funds yourself. Equipment ships as soon as vendor confirms payment.
Make scheduled monthly payments. At the end of your term, you own the equipment outright. No balloon payment, no residual, no surprise fees.
Complete our online application and attach the vendor quote or invoice. Include equipment model, serial (if CPO), and dealer contact info.
Approval in 24 hours for most equipment under $150,000. Review monthly payment, term length, total cost of financing — all clearly disclosed before you sign.
Sign your agreement electronically. We wire payment directly to your equipment vendor. Equipment ships on vendor's standard lead time — typically 1–4 weeks for stocked items, 6–12 weeks for custom or large systems.
Same-day approvals for equipment under $150,000. Get your practice the technology it needs without depleting working capital.
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