Medical Equipment Financing
Med One was founded in 1991 as a lessor of critical and essential use (revenue generating) medical equipment serving greater than 3,000 acute care hospitals throughout the United States including many of the nation’s premier health care institutions. Med One partners with several of the most prominent medical manufacturers in the industry providing medical equipment financing programs for their medical devices that are typically the newest technology available.
No upfront money required, frees up critical cashCustomer can get the equipment right away and cash can be used for other purposes.
Lowest possible monthly paymentsOperating leases with residuals allow for a very low monthly payment.
Flexible and delayed payment schedulesFinancing allows the customer to receive the product today and start monthly payments at a later date.
Costs are moved off the balance sheet and out of capital budgetFrees up capital and improves customer credit rating.
Hedge against technological obsolescenceCustomer doesn’t have to sell the equipment if technology improves and has flexible end of term options.
Fixed lease paymentsPre-determined schedule allows lessee to more accurately predict future equipment costs and cash needs.
Improved return on investmentOperating leases usually have a positive effect on the customer’s Return On Investments (ROI).
Only option for some businesses to acquire equipment
A lot of times the cash just isn’t there so medical equipment financing is a perfect fit
Customer commits to a fixed term of rental payments. At the end of the lease term, the customer owns the equipment with a $1.00 buyout. There is no option to return this equipment. Rather, the purpose of this program is simply to finance the equipment over a specified term when cash is not available for immediate purchase. All options are completely customizable.
1- Pre-determined rental term
2- $1.00 buyout at end of term
3- Provides a budget friendly way to acquire equipment
4- Simple documentation
5- Utilizes customer's capital budget
6- Provides customer with low monthly payments
Customer commits to make monthly payments based on an established term. When the term ends, the equipment can either be purchased based on its fair market value, rented for an additional 12 months, or returned to Med One with no further obligation. All options are completely customizable.
1- Fixed term
2- Gives customer the absolute lowest possible monthly payment
3- Customer can purchase equipment at end of term at fair market value
4- Customer can return equipment at end of term with no further obligation
5- Utilizes customer's operating budget
6- Simple agreement