Medical Business Financing

Medical Business Financing

Get Financing for your Medical Equipment Today

The healthcare industry relies on precision accuracy for diagnosing and treating individuals. That’s why medical equipment is often expensive but crucial when you run a medical facility. Subpar, obsolete, or broken machinery can result in medical error and inaccurate patient care. However, when that same sensitive machinery breaks down, medical equipment financing is often the quickest way to get it back in operation.

With the extensive overhead it takes to run an office, from payroll to utilities, there is not always room to budget for unexpected expenses like equipment failure or new, updated machines. However, patients don’t want to wait until you can afford to fix your diagnostic equipment, exam tables, or other medical necessities as they break down.

And do you really want them to have to reschedule or find another provider? As you are waiting for the funds to fix your old equipment or buy your new one, you are losing out on seeing patients and billing for those services. Disgruntled patients will look elsewhere for their care, and even those who understand but are sick will still need to find someone else to take care of them. But what can you do if the finances just aren’t there to fix the problem?

That’s where AdvancePoint Capital steps in. With our alternative business loans and lending, medical providers and professionals like you can keep doing what you do best – treating patients and providing top medical care – while we do what we do best and get you the medical equipment financing to keep moving forward.

Business Financing for Medical Equipment

Medical offices need a lot of equipment to see patients regularly. Every room has to be up to code and efficiently furnished. There are a lot of hurdles to jump when you are in the healthcare field.

You need the proper communication systems, computers, furniture, and printers just to schedule and greet patients. Then comes the really expensive part, where you need to have the exam rooms and medical equipment required for your specialty, whether it’s wheelchairs for your patients or dental x-ray machines and chairs. The costs add up quickly.

At a minimum, you’re looking at tens of thousands of dollars, but some medical practices can spend hundreds of thousands to millions just to open the doors of their practice and keep their equipment functioning.

With these kinds of costs, it would be impossible for most medical practices to become successful without the aid of medical equipment financing. Medical professionals who are starting out would be completely deterred and their community would be without the expert care they could have otherwise been provided.

Additionally, simply going to medical school involves accruing a lot of debt. For professionals just finishing school and opening a practice, adding these significant expenses of medical equipment is often nearly impossible. And getting medical equipment financing through traditional bank loans when you have a large student debt and very little business experience to backup your credit is challenging.

But AdvancePoint Capital is a leading alternative lender that offers financial solutions outside of the box. By looking at the big picture instead of just numbers on a spreadsheet, we make it easier to get you the financing you need.

The fast, convenient and straightforward way to get the money you need for your business – now! Get your Quote Today by filling out our simple form.

Get Quote Now!

Loan Lending Terms

Whatever equipment your medical office requires, be it the hardware and software that are going to make your office routines flow smoothly and cost efficiently, or the tools you need to give your patients top-of-the-line care, AdvancePoint Capital wants to help you get and stay in practice.

We offer financial plans with minimal hassle and paperwork so you can have your approval and the money in your hand within days of a finalized application.

There is no need for extensive, repetitive paperwork to be completed in order to work with our company. Instead, we have a simple one-page application that you fill out and a few documents that we need you to provide.

Unlike many of our other alternative financing options, medical equipment financing through AdvancePoint Capital does require the borrower to have good credit. With your personal credit and our minimal paperwork, we can help you to obtain a loan up to $1,000,000 with flexible terms that can stretch up to seven years.

The rates for these small business medical equipment loans start at 5.99% with monthly repayment installments.

How our loan process works is straightforward, without any complicated paperwork or years of financial documents required. In four easy steps, you can have your decision and your money.

  1. First, tell us about your business by completing the secure online pre-approval form. If you would prefer to speak to someone instead, call our 24-hour line to speak to a live agent any time of day, every day. You can then have a conversation with a knowledgeable person about your business needs to see how we can help you and get your free quote.
  2. Next, you will have to complete a one-page application that takes just a few minutes to fill out. There will be a little bit of financial paperwork that you will have to provide, but it’s the bare minimum.
  3. The third step is on us! We do the work behind the scenes to get you approved while you eat lunch or treat your patients. Within a few hours, typically 4 to 6 business hours, you should have your response.
  4. Finally, upon approval, you can have your money wired or ACH deposited directly into your company’s bank account the day you fund. We know once you have been approved there is no point holding on to the money you need, so we will get it to you as quickly as possible!

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Apply today – Fast and Easy Financing

When you are in the field of dealing with patient care, it’s important to thoroughly vet the companies you work with financially. AdvancePoint Capital has the experience and expertise in providing alternative small business funding to industries consisting not only of medical practitioners, but also of restaurant owners, veterinarians, merchandise retailers, manufacturers, and many more.

Our knowledge of the small business entrepreneur means that we can listen to your needs and quickly pinpoint a solution that may work for you.

Since the healthcare industry is constantly changing, so are the demands on your office. You need a trusted, reliable financial professional company to turn to when it is time to fix or replace your medical equipment, or update your network’s security or software. You don’t want to have to research a lender when it comes time to do all of the other unexpected, costly changes that are required to stay current and compliant with the ever-evolving healthcare standards.

No matter what your financial needs are, AdvancePoint Capital has a solution for your medical office. Medical equipment financing can be a smooth, simple process when you contact our 24-hour live agents.

Once you complete the short application process, your loan request may be approved in as little as a few hours. That means you can get started quickly on getting your upgrades done and making a strong return on your investment.

There is no upfront application fee and no hassle, so you can call or contact us today to get your loan in process. Fill out our simple form and get the money you need to run your business quickly!

The fast, convenient and straightforward way to get the money you need for your business – now! Get your Quote Today by filling out our simple form.

Get Quote Now!

* All loans made by either WebBank, an FDIC-insured Utah industrial bank, or Bank of the Internet Federal Bank, an FDIC-insured federally chartered thrift located in California. In connection with the loans, the Banks' underwriting conditions and terms apply.