Medical Equipment Leasing

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Medical Leasing

Medical Equipment Leasing Program

For medical professionals operating his or her own practice on a day-to-day basis.

Terms from 36 months to 72 months with choice of purchase options at the end of the lease term.

May be used in conjunction with the Working Capital Loan Program.

Checks are made payable to the vendor(s) supplying the equipment. Tax benefit available depending on lease structure.

Types of Leases: Business Financing

Fair Market Value:   This type of lease typically provides the lowest monthly payment, and can often be structured as an operating lease. A FMV lease is another term for a Tax Lease. The lessee claims the entire amount of the lease payment as a tax deduction.

One Dollar Purchase:   This type of lease is specifically suited for businesses that plan to keep their equipment at the end of their lease term. Title for the equipment passes to end-user after receipt of last payment.

Ten Percent Purchase:   This type of lease is designed for businesses who want their options at lease end to be flexible. They may choose to return the equipment, continue leasing, or purchase the equipment outright for predetermined price. Also known as a PUT (Purchase Upon Termination)

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