Equipment Finance Calculator
Our equipment lease calculator lets you determine an approximate monthly payment on the medical equipment you are looking to acquire. Financing is available through our strong relationships with many premier medical device manufacturers. Use the equipment lease calculator below to get an estimate on financing a variety of medical equipment, including infusion pumps, ventilators, monitors, therapy equipment, and much more. Payment estimates are based on our dollar buyout lease program. Click here to learn which of our creative leasing solutions will best fit your needs.
Frequently Asked Questions
What is the process of medical equipment leasing?
1. Discuss needs with potential lessor
2. Lessor creates pricing proposal
3. Hospital signs pricing proposal agreement and issues PO
4. Medical equipment is shipped to the hospital
What types of leases are available?
Capital Lease – Also known as Rent-to-Own or $1.00 Buyout Lease. The purpose of this program is simply to finance the equipment over a specified term when cash is not available for immediate purchase. The 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. Payments are made from the customer’s capital budget.
Operating Lease - The 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 with no further obligation. Payments are made from the customer’s operating budget.
Equity Rental - The customer signs a simple rental document and issues a rental purchase order and receives brand new equipment direct from the manufacturer. After the initial term, the customer can continue to rent the equipment with 50% of all payments going towards the purchase price. Payments are made from the customer’s operating budget.
Is leasing the right option for your facility?
If your facility lacks the capital to purchase medical equipment, leasing is likely the best option. With several different options to suit your needs, Med One can provide a solution that is totally customized to your needs, including deferred payments and step-up payment plans. All options are totally customizable! If you are still deciding compare our leasing and rental solutions.