Medical Equipment Leasing

Whether it is a start-up or an established concern, medical equipment leasing is a preferred alternative to equip your medical business with state of the art equipments. Since medical profession is constantly growing and high-priced modern equipments are introduced in the market each day, a considerable cash outlay is required to obtain these equipments. Rather than a purchase or loan, leasing enables to free up a large amount of capital, by saving millions of dollars. Usually, lease cycles range from 24 to 60 months, and this offers flexibility to upgrade the equipments as and when required with minimum of capital investment.

Medical equipment leasing ensures 100% equipment financing with low rates. Further, this system does not involve down payments, cross-colleterizaion and restrictive borrowing covenants. Advantages also include tax deductions, immediate write-offs, balance sheet management, easy upgrades, improved cash flow, better asset management, and fast processing. Above all, depending on the lease structure, you get an option to either purchase these equipments at a stated amount or at a Fair Market Value. In certain circumstances, options are also provided to renew the lease at a reduced monthly payment.

Medical equipment leasing always brings newer and updated equipments, such as x-ray, lab equipment, laboratory equipment, examination tables, physical therapy equipment, office equipment, CAT scan machines, and diagnostic equipments. Medical office furniture can also be acquired through used medical equipments. Thus, an ordinary set up can be transformed to a state of the art medical care center. This allows medical professionals to deliver the highest level of medical care and services possible to its patients.

A host of leasing companies is there to provide services in medical equipment leasing. Capital Solutions LLC, LeaseSource, and Keystone Equipment Leasing are just few among them. Most of them assist to upgrade and install medical equipments, and some even provide custom tailored programs. There are also companies providing medical equipment leasing along with medical financing and commercial mortgage financing.

Source-: Ezinearticles.com