Medical equipment finance · Medical practices
Medical equipment finance for medical practices
Medical practice finance is lending for GP and specialist practices, covering diagnostic equipment, consulting-room fit-outs, practice purchases and the commercial premises a practice trades from.
How a medical equipment finance works for medical practices
Ultrasound machines, ECG and spirometry equipment, sterilisers and examination furniture are all funded against the equipment itself, and lenders extend longer terms to medical practices than to most industries because clinical gear holds value and practitioner income is stable. Five to seven years is common. Where equipment carries a service contract, ask us to quote with the maintenance bundled so you are comparing whole-of-life cost rather than the machine price alone. Registered practitioners often qualify with minimal financials.
The cash-flow pattern we plan around
Steady weekly Medicare and patient billings on a short settlement cycle, punctuated by large one-off capital events such as fit-outs, equipment or a practice purchase.
What medical practices typically fund
- Diagnostic and imaging equipment
- Consulting-room fit-out and expansion
- Buying into or acquiring a practice
- Purchasing the practice premises
- Practice management software and IT
Medical equipment finance for medical practices: the numbers
| Typical amounts | $10,000 – $2,000,000 |
|---|---|
| Term | 12–84 months |
| Indicative rates | 6.6% – 13.5% p.a. |
| Repayments | Monthly |
| Speed | 24–72 hours for low-doc within practice limits |
| Documents medical practices usually need | ABN, AHPRA registration and practice structure details · Two years of practice financials or personal tax returns · Equipment quote, contract of sale or fit-out schedule |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
Medical equipment finance
Medical equipment finance is secured lending for clinical equipment such as ultrasound machines, imaging systems and examination fit-outs, generally offered to registered practitioners on longer terms and lighter documentation than standard commercial equipment finance.
Practice purchase finance
Practice purchase finance is lending used to buy an existing medical practice or a partnership share in one, assessed on the practice’s billings and the incoming practitioner’s registration and earning history.
What is medical equipment finance?
Medical equipment finance is asset-backed lending used by healthcare practices to acquire clinical, diagnostic and treatment equipment. The equipment secures the facility, structured as a chattel mortgage, finance lease or operating lease over one to seven years.
Can a new practice finance equipment?
Often yes. Lenders weigh professional registration, specialty and employment history heavily for healthcare borrowers, so a newly established practice with a well-credentialled principal can access equipment finance that a comparable non-medical startup could not.
What is a deferred payment structure?
A deferred payment structure delays the first repayment for an agreed period, commonly three to six months, so repayments begin once the equipment is installed, commissioned and generating billings rather than at the point of order.