Healthcare Equipment Financing for Every Practice
Medical equipment financing and healthcare equipment leasing from Liberty Capital Group help practices, clinics and surgery centers get the technology they need without draining cash reserves. From a single ultrasound to a full imaging suite, we compare offers from multiple healthcare lenders and lessors with one application.
Medical equipment financing at a glance
- Amounts: from about $10,000 to several million; application-only up to $250,000
- Terms: 12 to 72 months; new, used and refurbished equipment
- Structures: $1 buyout lease, FMV lease, equipment finance agreement
- Covers: up to 120% of cost, including installation, IT and training
- Credit: guidelines start at a 600 score; soft pull for your quote
- Speed: approvals often in 24 to 48 hours
What Is Medical Equipment Financing?
Medical equipment financing spreads the cost of clinical equipment over a fixed term instead of paying for it up front. The equipment itself secures the deal, which makes approval faster and easier than an unsecured loan and keeps your cash available for staff, rent and the months it takes insurance reimbursements to arrive.
Healthcare equipment financing works for physicians, dentists, imaging centers, surgery centers, urgent care, physical therapy, chiropractic, optometry, veterinary hospitals, med spas, labs, pharmacies and home health agencies, from startups to multi-location groups.
Medical Equipment You Can Finance
Diagnostic imaging
MRI, CT, digital X-ray, mammography, DEXA, C-arms. MRI financing
Ultrasound
Cart and portable systems for OB/GYN, cardiology, vascular and point of care. Ultrasound equipment
Dental
Chairs, CBCT and panoramic X-ray, intraoral scanners, milling units. Dental equipment financing
Lasers and aesthetics
Aesthetic and surgical lasers, body contouring, IPL. Medical laser financing
Surgical and endoscopy
Endoscopy towers, surgical tables, lights, sterilization. Endoscopy equipment
Medical devices and lab
Analyzers, patient monitors, infusion pumps, EKG. Medical device financing
Veterinary
Digital X-ray, dental, surgical and lab equipment for animal hospitals. Veterinary equipment leasing
Vehicles and mobile care
Home health vans, patient transport and mobile clinics. Healthcare transportation · Home healthcare vehicles
IT, EHR and furniture
EHR/PACS systems, servers, exam tables, waiting room and office furniture.
What Medical Equipment Costs
Typical price ranges for commercial medical equipment (new vs. refurbished, brand and configuration change the numbers):
| Equipment | Typical cost |
|---|---|
| MRI scanner | $150,000 refurbished – $3,000,000 new |
| CT scanner | $100,000 – $2,500,000 |
| Digital X-ray system | $40,000 – $200,000 |
| Ultrasound system | $20,000 – $150,000 |
| Dental CBCT | $70,000 – $200,000 |
| Aesthetic or surgical laser | $30,000 – $200,000 |
| Endoscopy tower | $50,000 – $250,000 |
| Lab analyzer | $20,000 – $150,000 |
| Patient monitors, EKG, exam tables | $2,000 – $25,000 each |
| EHR / IT systems | $10,000 – $100,000+ |
Sample monthly payments
Illustrative payments at two example rates. Sample rates are for established businesses with 3 to 5+ years in business and strong credit (680+ FICO), and are subject to credit approval. Rates for startups vary and are subject to final approval. This is not an offer or commitment to lend.
| Amount financed | 36 months @ 10% | 60 months @ 10% | 36 months @ 16% | 60 months @ 16% |
|---|---|---|---|---|
| $25,000 | $807 | $531 | $879 | $608 |
| $50,000 | $1,613 | $1,062 | $1,758 | $1,216 |
| $100,000 | $3,227 | $2,125 | $3,516 | $2,432 |
| $250,000 | $8,067 | $5,312 | $8,789 | $6,080 |
Want your own numbers? Use our payment calculator or get a real quote in 3 minutes.
Medical Equipment Financing and Leasing Options
$1 buyout lease
Low fixed payments and ownership for $1 at the end. The most popular option for practices that keep equipment long term, with potential Section 179 treatment.
FMV (fair market value) lease
The lowest payment. Return, upgrade or buy at fair market value at the end, ideal for imaging and technology that changes quickly.
Equipment finance agreement (EFA)
You own the equipment from day one and make fixed payments. Simple and popular with established practices.
Practice working capital
Cash for payroll, marketing, a new provider or the gap while insurance reimbursements come in. Working capital
SBA loans
Long terms for practice acquisitions, real estate and larger expansions, for owners who can wait several weeks.
Business line of credit
Flexible funds for supplies, repairs and seasonal swings. Lines of credit
Ask About Our Medical Equipment Financing Specials
$99 a month for the first 3 or 6 months
For well-qualified practices: strong credit, 3+ years in business and quality equipment. Program-dependent and subject to credit approval.
Program advantages
- Corp-only availability (program-dependent)
- Up to 120% coverage, including installation, IT and training
- No down payment for qualified borrowers
- No prepayment penalties on select programs
- Terms up to 60 to 72 months
- New or used equipment eligible
- Free, no-obligation quote; approvals often in 24 to 48 hours
Leasing vs. Buying Medical Equipment
For most practices, healthcare equipment leasing beats paying cash:
- Cash flow management. Leasing needs a low capital outlay compared to an outright purchase, so your working capital stays free for payroll, rent and the wait for insurance reimbursements.
- Inflation buster. Equipment prices keep climbing. A lease locks in today's price with a fixed payment, and you pay it back with tomorrow's dollars.
- Low, manageable payments. Fixed monthly payments make budgeting predictable and can be matched to your patient volume and reimbursement cycle.
- Terms up to 5 years, most with a $1 buyout. At the end of the term you own the equipment for a dollar, with no balloon payment.
- Section 179 and 100% bonus depreciation. A $1 buyout lease is generally treated as a purchase for tax purposes, so qualifying equipment may be eligible for the Section 179 deduction (up to $2.56 million for 2026) or 100% bonus depreciation in the year it is placed in service. Confirm with your CPA.
- Conserve cash. Keep reserves and bank lines open for opportunities and emergencies instead of tying them up in equipment.
| $1 buyout lease / EFA | FMV lease | Paying cash | |
|---|---|---|---|
| Monthly payment | Moderate, fixed | Lowest | None, but large upfront cost |
| Ownership | Yes, for $1 or from day one | Optional at end | Yes |
| Technology upgrades | Sell or trade in | Easy, return and upgrade | Sell or trade in |
| Best for | Equipment you keep 5+ years | Imaging, lasers, IT | Strong cash reserves |
Medical Equipment Financing by Type of Practice
Physician and specialty practices
Exam and procedure rooms, in-office ultrasound, EKG, spirometry and lab equipment. See business loans for doctors.
Imaging centers
MRI, CT and X-ray, often financed with shielding, installation and service contracts in one package.
Dental practices
Chairs, CBCT, scanners and milling, from single operatories to full office build-outs.
Surgery and endoscopy centers
Towers, tables, lights, anesthesia and sterilization equipment for ASCs and GI centers.
Med spas and aesthetics
Lasers, body contouring and skin devices, usually on $1 buyout leases.
Physical therapy and chiropractic
Treatment tables, decompression, rehab and diagnostic equipment.
Urgent care and clinics
X-ray, lab, monitoring and IT to open or expand locations quickly.
Veterinary hospitals
Digital X-ray, dental, surgical and in-house lab equipment.
Example: how an ultrasound pays for itself
A practice finances a $60,000 ultrasound system over 60 months. At a 10% example rate, the payment is about $1,275 a month. If the system performs 8 billable scans a week at an average reimbursement of $150, that brings in roughly $5,200 a month, about four times the payment, while the practice keeps its cash for staff and operations.
Credit Requirements for Medical Equipment Financing
Guidelines for medical and healthcare equipment leasing, from startups to established practices:
- Minimum 600 credit score
- No prior bankruptcies in the last 7 years
- No unresolved tax liens
- Down payment or security deposit determined by credit, time in business and deal size
Best rates and promotions go to practices with 3 to 5+ years in business and 680+ credit. See the complete equipment financing credit guidelines.
Financing a New Medical Practice
Lenders like healthcare. Licensed physicians, dentists, veterinarians, optometrists and other clinicians are viewed as lower risk, so new practices and recent graduates can often finance equipment before the practice has a revenue history. Expect lenders to ask for:
- Your license and years of practice experience
- Good personal credit
- A simple business plan or pro forma and the practice location
- Equipment quotes, and for larger packages, a down payment
Pair equipment financing with working capital or an SBA loan to cover the build-out, hiring and the first months of reimbursement lag.
How to Choose a Medical Equipment Leasing Company
Before you sign with any healthcare equipment leasing company, compare:
- Total cost, not just the monthly payment
- End-of-term options: $1 buyout, FMV, renewal or return
- Soft costs: whether installation, IT, training and shielding are included
- Vendor flexibility: any vendor, refurbished or private seller
- Prepayment terms if you plan to pay off early
A broker sends one application to several medical equipment lenders at once, so you see real options side by side. See our comparison of the top medical equipment leasing companies.
Approval Timeline
- Day 1: 3-minute online application with a soft credit pull.
- Day 1–2: Your advisor reviews your file and equipment quote, then presents offers.
- Day 2–3: You choose an offer and sign electronically.
- Day 3–5: The vendor is paid and schedules delivery and installation.
5 Medical Equipment Financing Mistakes to Avoid
- Paying cash for major equipment and leaving no cushion for reimbursement delays.
- Comparing only the monthly payment instead of total cost and end-of-term options.
- Leaving out soft costs such as installation, shielding, IT and training.
- Putting fast-changing technology on a long ownership structure when an FMV lease would let you upgrade.
- Using a merchant cash advance for equipment. Daily payments and a high cost make MCAs a poor fit for long-life equipment.
What You Need to Apply
- Online application. Complete, upload and authorize. Soft inquiry first; a hard inquiry may occur upon approval.
- Equipment invoice or quote. Multiple vendors accepted and bundled into one monthly payment.
- Bank statements. Typically 3 to 4 months; financial statements for larger requests.
Why Healthcare Providers Choose Liberty Capital Group
Since 2004 we have helped medical, dental and veterinary practices finance equipment and growth. One application reaches multiple healthcare lenders and leasing companies, so you see real options side by side. No application fee, a soft credit pull for your quote, and we don't sell your information. Questions first? Read our business financing FAQ.
Watch: How Medical Equipment Financing Works
Funding your equipment.
A trusted source for business funding.
Turned down by your bank? Watch this.
Medical Equipment Financing FAQ
Is leasing or financing better for medical equipment?
A $1 buyout lease or equipment finance agreement is best when you want to own the equipment and possibly deduct it under Section 179. An FMV lease gives the lowest payment and makes it easy to upgrade technology such as imaging, lasers and IT every few years.
What credit score do I need for medical equipment financing?
Our medical and healthcare leasing guidelines start at a 600 credit score, with no bankruptcies in the last 7 years and no unresolved tax liens. The best rates and promotions go to established practices with strong credit (680+). Down payment or security deposit depends on credit, time in business and deal size.
Can a new practice or recent graduate get medical equipment financing?
Yes. Lenders give strong weight to licensed physicians, dentists, veterinarians and other clinicians, so startup practices can often qualify with good personal credit, a business plan and, for larger deals, a down payment.
Can I include installation, IT and training?
Yes. Many programs cover up to 120% of the equipment cost, including installation, shielding or site prep, IT integration, software and staff training.
How fast can I be approved and funded?
Application-only requests up to $250,000 are often approved in 24 to 48 hours, and the vendor can be paid within days of signing. Large imaging or surgical packages with financial statements take 1 to 2 weeks.
Can I finance used or refurbished medical equipment?
Yes. Refurbished imaging, ultrasound, lasers and exam equipment from reputable vendors or private sellers can be financed, usually with terms that reflect the equipment's age and condition.
Does it matter if I buy from a vendor or a private seller?
Both work. Vendor purchases are the simplest. For private-party or practice-to-practice sales, the lender will verify ownership, condition and value before funding.
What medical equipment can I finance?
Almost anything a practice uses: imaging (MRI, CT, X-ray, ultrasound), dental and CBCT, lasers and aesthetic devices, surgical and endoscopy equipment, lab analyzers, exam and procedure equipment, EHR and IT systems, and medical vehicles.
Can I finance equipment for a medical spa?
Yes. Aesthetic lasers, body contouring, injector suites and treatment rooms are commonly financed, often on $1 buyout leases.
Are there special programs available?
Yes. Ask about $99 for the first 6 months and 90-day deferred payments on qualifying programs, subject to credit approval.
Can I lease a whole new office build-out?
Equipment financing covers the equipment and soft costs. For tenant improvements, working capital or an SBA loan is usually the better fit, and we can structure both together.
Will checking my options hurt my credit?
No. We start with a soft credit inquiry for your quote. If a program needs a hard inquiry at approval, we tell you first.
Get Your Medical Equipment Financing Quote
Rates and terms disclosure: Any rates, payments or terms shown are examples only. Sample rates apply to established businesses with 3 to 5+ years in business and strong credit (680+ FICO) and are subject to credit approval. Rates for startups vary and are subject to final approval. This is not an offer or commitment to lend.
Liberty Capital Group, Inc. · Established 2004 · NMLS #2009539 · California DFPI #60-DBO49692. Approval, promotions and terms depend on the program, lender and credit. Consult your CPA about the tax treatment of equipment purchases and leases.
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.