medical · Equipment & asset finance
Medical imaging equipment finance
Imaging installations involve shielding, power and building work as well as the scanner. We structure the funding so the whole project settles cleanly.
What is medical imaging equipment finance?
Medical imaging equipment finance is funding for x-ray, CT, MRI, OPG and cone beam CT systems, secured against the equipment. These are high-value assets with long lives, and Australian lenders in the medical space will usually fund the installation, shielding and commissioning alongside the scanner itself.
Imaging is capital-intensive and heavily regulated. Beyond the scanner itself, an installation typically involves lead shielding, structural checks, upgraded power, air conditioning and radiation licensing. For a practice adding imaging for the first time, those costs often surprise, which is why the project should be scoped and priced in full before finance is arranged. Lead times on high-end scanners also run to months, so the funding needs to hold while the room is built.
On the finance side, medical lenders are generally comfortable with the asset class because equipment lasts, practices are stable and the profession is well regarded. The bigger question is usually whether the referral volume justifies the investment. A cone beam CT in a dental practice or an OPG in a small clinic is a very different proposition to a full CT installation, and your broker should be direct about which lenders will support which.
Medical imaging equipment finance at a glance
| Typical price range | $60,000 – $3,000,000 |
|---|---|
| Finance term | Up to 84 months |
| Useful life | About 12 years |
| New or used | New systems dominate high-end CT and MRI where service contracts matter; refurbished x-ray, OPG and cone beam units are common and readily financed. |
| Indicative rates (Medical equipment finance) | 6.6% – 13.5% p.a. · rate history |
| Finance structures | Medical equipment finance (recommended), Chattel mortgage, Fit-out finance, Finance lease |
How lenders assess medical imaging equipment finance
Medical lenders assess the practice, the practitioners and the referral base as much as the hardware. Installation costs including lead shielding, power upgrades and room modifications can generally be included in the funding, though building works may need to sit under a separate facility. Service contracts are usually paid separately and are a significant ongoing cost. Terms of five to seven years are common. Practices with property may access sharper pricing through a secured structure instead.
Before you buy
- Get the room, shielding and power works quoted at the same time as the scanner; they routinely add six figures on a CT install.
- Price the manufacturer service contract over the full term — on high-end imaging it can rival the finance repayment.
- Confirm licensing and radiation compliance requirements in your state before you commit to the equipment.
Commonly financed
Siemens Healthineers SOMATOM CT · GE Revolution CT and Signa MRI · Philips Ingenia MRI · Carestream DRX-Evolution x-ray · Planmeca ProMax 3D cone beam
Estimate medical imaging equipment repayments
- Number of repayments
- 60
- Balloon at end of term
- $306,000
- Total interest (est.)
- $407,717
- Total repaid (est.)
- $1,937,717
This calculator provides an estimate only and does not account for fees, charges or the specific terms a lender may offer. It is not financial advice or an offer of finance.
Key terms
What is medical imaging equipment finance?
Medical imaging equipment finance is a loan or lease used to buy x-ray, CT, MRI, OPG or cone beam systems, with the equipment as security. Terms commonly run 60 to 84 months and installation, shielding and commissioning can generally be included.
Are installation and shielding costs financeable?
Usually yes for costs tied directly to the equipment, such as shielding, power upgrades and commissioning, when they are quoted with the system. Structural building works are often treated as a fit-out or property improvement and may need a separate facility.