Medical and Dental Equipment Leasing & FinancingLease and Finance Medical Equipment of ALL Kinds!
Medical and dental equipment leasing is the professional’s choice for acquiring equipment with a minimal cash out-of-pocket. Medical groups and dental practives can often be comprised of several different doctors and companies, so the equipment finance process can delay equipment deliveries. Dealing with an established medical and dental equipment leasing company like WB FINANCIAL allows you to cut to the chase. We know what it takes to finance medical and dental equipment, both new and used. From common medical devices to MRI imaging centers and mobile medical trailers, we help medical and dental professionals across the United States to finance the latest medical equipment to keep their practice up-to-date.
FINANCING FOR MEDICAL PROFESSIONALS
Our medical and dental equipment finance programs require no down payments (OAC) and can be structured to meet seasonal changes in cash-flow. Our medical equipment leasing programs allow medical centers, labs, imaging centers, dentists, and those in private practice to obtain the equipment needed to stay on the cutting edge of technology. Let us handle the financing so you can concentrate on providing the healthcare we all need to stay healthy and get well.
Financing for Private Practices
Not part of an established medical or dental group? We offer medical and dental equipment financing programs that make acquiring new equipment for your private practice a breeze. With a one-page credit application and verification of an active medical/dental license, we can get you approved for up to $100k in just a few hours.
New & Used Medical/Dental Equipment
Financing programs exist for both new and used medical/dental equipment, including digital x-ray machines, exam room equipment, dental implant machines, EKGs, diagnostic equipment, surgical lasers, dental chairs and more. With financing terms up to 72-months, leasing or financing your medical/dental equipment can free up working capital and improve cash flow.
Flexible Finance Options
Depending on your tax and accounting needs, we offer several different financing structures which allow you to maximize tax savings. Medical and dental equipment can be leased with a $1 end option, 10% end option, or documented on a true lease agreement. Equipment Finance Agreements are available for those situation where a loan is preferred to a lease.
Medical Equipment Vendor Finance Programs
WB FINANCIAL provides medical and dental equipment leasing and financing options that allow vendors and manufacturers to sell more equipment while offering industry best financing options. Partner with WB FINANCIAL and provide comprehensive equipment financing options to your clients today!
COMMON MEDICAL EQUIPMENT FINANCING QUESTIONS
In short, NO! We have medical/dental equipment leasing and finance programs in place for private practices that can accommodate a wide variety of medical devices and even office equipment. All we need is a simple application completed and to verify you have an active medical/dental license in your state.
Equipment leasing & financing rates vary depending on the total financed amount, years in business, term, and credit history of the company and/or it’s owners. Rates can range from 4.9% to low double digit figures depending on credit worthiness. New businesses and businesses with credit issues can expect to pay higher rates. Generally speaking, it makes sense to lease/finance equipment a long as the estimate revenue generated by the equipment, or money saved by acquiring the equipment, is less than the monthly lease/loan payment.
Both equipment leasing and equipment financing options are term debt obligations used by businesses to acquire equipment. Equipment leases often contain end-options (most commonly $1, 10%, or FMV/PUT) that can be exercised at the end of the term in order to transfer ownership from the lessor to the lessee. Equipment Finance Agreements (EFA’s) contain no end-option and the equipment is owned by the customer from day 1. Both leases and EFA’s carry tax benefits which can lower tax liability at the end of the year.
Yes. Feel free to compile an equipment list that includes medical and dental equipment from multiple vendors. Additional documentation fees many apply if there are more than 5 vendors involved, but we can accommodate equipment from multiple vendors so you can get the best pricing on the equipment you need.