Dental equipment leasing is an excellent way for providers to allow their practices to acquire state of the art equipment. The dental profession is constantly changing, so in order to remain competitive, practitioners must continually upgrade their equipment. Unfortunately, to outright buy or get a standard loan on the equipment requires a huge outlay of cash. Leasing solves the problem because no down payment is required, thereby allowing the provider to retain thousands of dollars of capital that can be used for other purposes. Lease periods typically range from 24 to 60 months, so there is a great deal of flexibility to upgrade the equipment without a major capital investment.
There are many advantages to leasing medical equipment
- No down payment required, other than first & last month's payment
- No restrictive borrowing covenants
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Relatively simple application process
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Low cost of capital for those with good credit
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Tax advantages, depending on how the lease is structured
Using a financial broker like Ozarks Capital Funding helps find the best fit for your
dental equipment financing. We utilize a nationwide network of lenders to get you the best rates and terms the industry has to offer.
