Medical Equipment Finance Scheme

Medical equipment financing loans leasing rates if you don t want to or can t use a bank or dealer you should start researching medical equipment loans or leasing.

Medical equipment finance scheme.

Under the scheme banks will give out concessional loans at a maximum end user rate of three per cent for five years to hospitals and medical centers to purchase medical equipment and set up. Most websites only mention the lowest possible rate to draw you in so make sure to call to get actual pricing before jumping in. Unless you have perfect credit you likely. Minimum 15 of the margin has to be paid by the customer under medical equipment finance.

Business loans for medical stores equipment are offered under following categories. Asset medical equipment finance. Purchase standard medical equipment including ct scanners colour dopplers sonography machines mri machines and x ray machines. 50 000 generally start ups or micro business owners.

Applicants applying for an amount more than rs. Loans for doctors this is a loan that can be taken by doctors who intend to open their own medical facilities. Original invoice to be hypothecated to smc finance and loan cum hypothecation agreement to be signed by the customer. Applicants applying for an amount that is in between rs.

It also depends upon the profile financial health of the customer. Medical equipment loans are just one type of a loan offered under the umbrella of healthcare loans but they too can be categorised into 3 main types. Equipment loans are considered ideal for customers who own business whether sme or large enterprises requiring long life equipment needs who prefer the ownership and the associated tax benefits of owning equipment s through loans there is also the option of equipment leasing which includes operating leases finance leases hire purchase arrangements and other customized products. 50 000 and five lacs generally meant for existing business owners looking for growth and proper.