Medical Equipment Financing & Leasing with Liberty Capital
Liberty Capital offers specialized medical equipment financing and leasing solutions, enabling healthcare providers to acquire essential technology without large upfront costs. Their flexible terms and multiple approvals to help medical practices, hospitals, and clinics stay up-to-date with the latest equipment, ensuring optimal patient care. Whether it’s for diagnostic tools, business loans, or imaging equipment, Liberty Capital’s financing options support both new and established healthcare providers in maintaining operational efficiency and expanding services.
Comparing Business Loan, Leasing, and Financing
Feature | Business Loans | Equipment Leasing | Equipment Financing |
Ownership | 50% | 100% | 100% |
Initial Costs | $0 | Low to moderate | Varies |
Monthly Payments | Monthly, Daily, Weekly | Monthly | Monthly |
Credit Minimum: | 500 | 600 | 650 |
Fund Disbursements | Client | Vendor | Vendor |
New/Used Equipment | n/a | Yes | Yes |
Maximum Term | 24 months | 60 months | 60 months |
Time in Business | 3+ years | Startup OK | Startup Ok |
Interest Rates | Moderate | Low | Low |
Application Only | $150K | $250K | S250K |
Credit Requirements for Medical Equipment Financing:
For startup medical and healthcare management companies, we require:
- Business license or active business entity registration.
- Personal guarantees from all owners.
- Minimum 625 credit score.
- No bankruptcies in the last 7 years.
- No unresolved tax liens.
Financing Options for Medical Equipment:
We offer various financing options tailored to your needs:
- Equipment Financing: Spread the cost of the medical equipment over time with fixed payment terms.
- Equipment Leasing: Lease a medical equipment with off-balance sheet financing options like Fair Market Value (FMV) leases.
Additional Financing Benefits:
- $99 for the First 6 Months: Get started with minimal upfront costs.
- 90-Day Deferred Payments: Pay nothing for the first three months.
- Working Capital Loans: Access short-term cash flow solutions for immediate needs if you don’t qualify for leasing.
How Medical Equipment Financing Works?
- Apply Online:
- The business owner downloads the financing app from the provider’s website or app store.
- Complete the Application:
- Fill in required fields, including business information, ownership details, and the amount of financing needed.
- Upload any necessary documents, though requirements are usually minimal.
- Submit for Approval:
- Submit the application for review.
- Once approved, we’ll send you a credit term sheet with details of your approval.
- Receive Decision:
- Receive an approval decision of funding update once Term-Sheet and necessary funding documents have been completed and signed.
- If approved, review and accept the financing terms during verbal conversation with the funding underwriter to confirm release of funds to the vendor.
- Fund Disbursement:
- Funds are disbursed quickly, often within 24 hours.
- Can be used to purchase equipment, inventory, or for other business needs if you are using working capital or business term loan funding if equipment financing is out of the question.
Eligible Medical Equipment You Can Finance.
Liberty Capital finances a wide range of medical and healthcare equipment, including but not limited to:
- Diagnostic Imaging MRI Equipment (MRI, CT Scanners, X-rays)
- Laboratory Equipment
- Surgical Instruments
- Medical Furniture and Fixtures
- IT and Software Solutions for Healthcare
- Physical Therapy Equipment
- Dental Equipment
- Ophthalmology Equipment
- Ultrasound Equipment Financing
Benefits to Equipment Financing for Medical Equipment
Key Features
No Obligation Quote: Get a free, no-obligation quote for your financing needs. This allows you to explore your options without any commitment or upfront cost.
Flexible Terms: Financing and leasing terms are designed to fit the specific needs of your practice or healthcare facility. Terms can be customized to match your cash flow and budget.
Fast Approval: Liberty Capital offers a streamlined approval process, ensuring that you can get the equipment you need quickly. In many cases, approval can be granted within 24-48 hours.
Competitive Rates: Enjoy competitive interest rates and financing options that are designed to be affordable and accessible.
Preserve Capital: Financing allows you to preserve your working capital and maintain cash flow, which is crucial for the ongoing operation of your practice or facility.
Tax Benefits: Leasing equipment can offer significant tax advantages, as lease payments may be fully deductible as an operating expense.
Benefits for Healthcare Providers
- Up-to-date Technology: Access the latest technology and equipment without the need for large upfront investments.
- Scalable Solutions: Whether you are a small clinic or a large hospital, Liberty Capital offers scalable financing solutions to meet your needs.
- Operational Efficiency: Improve operational efficiency by acquiring advanced medical equipment that enhances patient care and service delivery.
What do I need to apply?
1. ONLINE APPLICATION: You can fill out our application, upload and authorized us to process. We do soft-inquiry, and our lender will do hard inquiries once you are approved.
2. Equipment Invoice or Quote for the truck or equipment you want to buy. Multiple vendors accepted. We’ll lump them into one monthly payment for you.
3. Banks statements (3-4 months) – Proof income, proof of banking, and proof funds availability in case down payment is needed and to match for ACH Payment Drafting – as an auto pay.
Application Process
- Request a Quote: Contact Liberty Capital to request your free, no-obligation quote. Provide details about the equipment you need and your financing preferences.
- Submit Application: Complete a simple application form. You will need to provide basic information about your business and financial health.
- Approval and Funding: Once your application is approved, Liberty Capital will work with you to finalize the financing terms and arrange for the funding.
- Acquire Equipment: With the financing in place, you can proceed to acquire the necessary equipment and start enhancing your healthcare services.
Covers many types of heavy equipment we can finance.
Application Only up to $250,000 for Medical Equipment.
One of the utmost necessities for a private practice to hospitals to small clinic or office, having the state of the art equipment is imperative to ensure that your practice is keeping up with the technology.
Equipment loans or leasing are viable routes for expanding your practice. Leasing, in particular, offers numerous advantages, though they won’t be explored here today. One notable benefit of equipment leasing is the accompanying tax advantages, cashflow saving, inflation buster and safety from obsolescence.
Why Choose Liberty Capital?
Experience: Liberty Capital has extensive experience in the healthcare financing sector, understanding the unique needs and challenges faced by medical professionals. For over 20 years, we’ve finance, just about any type of medical equipment including dermabrasion, ultrasound, Mobile MRI and X-ray for Veterinary and many more.
Customer Support: Dedicated customer support teams are available to assist you throughout the financing process and beyond.
Transparency: Clear and transparent terms with no hidden fees or surprises. We charge application fees. We never sell your information.
For more information or to get your free business loan quote, visit Liberty Capital’s website or contact their customer service team.
Medical Equipment Financing Options
Affordability is key when it comes to acquiring any medical equipment. Our medical equipment financing options offer the flexibility you need to manage your cash flow effectively while investing in the equipment necessary to grow your business. With longer loan terms of up to 84 months, we can help you reduce your monthly payments and make owning a high-ticket item like a roll-off truck more manageable.
Compared to traditional lenders, we offer several advantages:
- Corp-Only Available: We cater to businesses of all sizes, including corporations.
- Up to 120% Equipment Cost: Our financing solutions can cover not only the equipment cost but also soft costs associated with acquisition.
- Fast Approval Process: With our simple one-page application, you can get Funding Approval as quickly as the next day.
- No Down Payment Required: Qualified borrowers may access financing without the need for a down payment.
- Lowest Rates: We offer competitive rates for qualified borrowers, ensuring you get the best financing terms available.
- No Pre-Payment Penalties: Enjoy the flexibility of paying off your loan early without any penalties.
- Term: Terms up to 60 months.
- Down Payment: First and Last Payments, $0 Down Payment, 0% Security Deposit and Dollar Buyout Options.
- New or Used: We’ll finance new or used equipment up to 60 months.
- Private Seller or Vendor: Private seller and vendor accepted. Each vendor/seller will need to be approved and verified.
Easier to get than a traditional bank equipment loans
Less paperwork
Fast processing time
Less stringent requirements for qualifying
No collateral needed, the equipment is the collateral
May require less credit score for you and your business as well
Choose Liberty Capital for your Medical Equipment Financing
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in medical equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
Instant Quote Online
Use our instant online quote calculator to get an accurate no obligation quote.
Apply Online
Complete our quick online application. Application takes 5 mins.
Review Your Options
We will contact you to review your options.
Get Funds
Money will be deposited in your account in as little as 24 hours.
