subject: Medical Equipment On Lease A Cost Effective Alternative To Buying [print this page] If you are starting up a medical practice and want to furnish your office with the latest medical equipment, then opting for medical equipment on lease makes the most economical sense. Leasing medical equipment not only reduces the upfront costs, but also eliminates the risks involved in buying equipment that may need to be updated over a period of time. This is also an ideal option for those who run a well-established medical practice and are interested in expanding or updating their equipment. If you opt for leasing medical equipment, money is kept within office because you are now able to offer the latest in MRI, X-rays, lab equipment and more.
Most medical equipment can be had on lease on both long-term and short term basis. Typically, leasing offers more flexibility than loan, and payment terms may range from 24 months to 60 months with various options that may include installation, upgrades and maintenance for the duration of lease. As your practice grows and technology advances, leasing allows you to easily add-on and upgrade the existing equipment. As opposed to typical bank financing or loans, leasing can provide the required medical equipment in the matter of days. A one-page lease agreement document is prepared and approval may occur in a few hours, whereas it usually takes loan committees many weeks to decide on the approval of equipment loan.
Opting for Medical Equipment Leasing also offers tax advantages. An operating lease agreement usually allows you to write-off 100 percent of the lease payments made in the year. Purchasing medical equipment can cost several thousand dollars and put you behind the eight-ball from the starting. Having medical equipment on lease will not only ease that dilemma, but also provide cash flow, tax, upgrade and budgetary benefits that can help your practice flourish for many years.
If you are looking for medical equipment leasing, contact Medical Equipment Lease- a joint venture of RGS Innovations and Americorp Financial. The company focuses on providing medical equipment leases for laser equipment, portable medical equipment, x-ray, ultrasound systems, CT scanners and more. For the convenience of clients, the firm provides multiple leasing programs, including Fair Market Value, 10% PUT Option, $1 Buyout, Practice Builder Program, and Custom Tailored Medical Leasing Programs. For more information about medical equipment on lease, dont hesitate to visit http://medical-equipment-lease.com
