Medical Equipment Finance

There are three main ways to fund equipment, and they differ on who owns the asset and what you can claim. Under a chattel mortgage you own the equipment from day one and claim the business-use share of interest and depreciation. Under a lease the lender owns it and the repayment itself becomes the claim. Hire purchase sits in between: you pay it off in instalments and ownership transfers at the end. Each structure creates a different tax outcome, which we unpack in our guide to medical equipment loans, and your accountant should always have the final say. Our specialists work alongside them to balance loan terms, residual payments and structures in your favour.

Almost anything a practice runs on: imaging equipment such as X-ray, ultrasound and OCT, dental and treatment chairs, sterilisation and surgical equipment, practice IT and software, and complete fitouts. New, used, or a mixture of both is common, especially when purchasing an established practice. Invoices from multiple suppliers can be wrapped into a single facility, and many lenders will fund the full invoice cost with no deposit. We can also structure the lending in line with your accountant's advice, so it is as cash flow effective and tax effective as it can be. Looking for profession-specific equipment lending? Start with finance for dentists or finance for vets.

The principle is simple: the loan term should not outlive the equipment. Technology upgrades can shorten the practical useful life of a machine, so we structure terms around how long the asset will actually earn for you. A residual or balloon payment can lower monthly repayments while the equipment builds revenue, provided the balloon does not exceed the asset's value at the end of the term. Get this right and the equipment funds itself; get it wrong and you are paying for a machine you have already replaced.

Chattel mortgage. You own the asset. Claim the business-use share of interest and depreciation. Suits practices that want the asset on their books.
Lease. The lender owns the asset. The repayment itself is the claim. Suits equipment you expect to upgrade before it wears out.
Hire purchase. Instalments with ownership transferring at the end of the term. Suits buyers who want eventual ownership with a defined pathway.
General information only, not tax or financial advice. The right structure depends on your circumstances; confirm the tax treatment with your accountant.

Yes on both counts. Used equipment is routinely financed, whether bought outright or acquired as part of a practice purchase. If you have already paid for equipment out of pocket, lenders will generally consider reimbursing recent purchases, freeing that cash back into the practice.

Plenty of our clients talk to us long before a loan exists: weighing a practice purchase, planning a fitout, or working out what their career unlocks. That early thinking costs nothing and is some of the most valuable work we do. And when you are ready to move, it runs like this:
1. Today: talk to a specialist. 15 minutes on the equipment, the supplier and your practice. No credit check, no cost.
2. Within 48 hours: your lending strategy. Which structure and which lenders fit, what it costs, and how the repayments land against your cash flow.
3. Application to approval. We package, submit and chase. Timing depends on the lender and the deal, and you will always know where things stand.
4. Settlement and beyond. The equipment arrives, the practice earns, and we stay your specialist for the fitout, the upgrade and the loans that come after.