80+ lenders, one application
We compare healthcare and asset lenders in one go to match your equipment to the sharpest available rate.
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Medical equipment finance. Better care.
Equip your practice for the care ahead. Your broker searches our 80+ lender panel for suitable medical equipment finance and coordinates the application.
- Clinical and diagnostic equipment
- Practice upgrades and expansions
- Finance matched to the equipment
What have you got planned?
Let’s help you fund it.
If it helps your practice diagnose or treat, we can usually finance it. We arrange finance for:
Imaging, ultrasound, X-ray, CT and MRI
Dental chairs, units and CAD/CAM systems
Medical and aesthetic lasers
Diagnostic and pathology equipment
Surgical, theatre and sterilisation gear
Consulting room and treatment fitouts
Practice IT, PMS and reception technology
Physiotherapy, optometry and allied health equipment
Example brands and equipment
These medical equipment examples are not a restricted list. A lender will usually place more weight on the chosen asset's age, condition, specification and intended work than its badge.
- GE HealthCare
- Philips
- Siemens Healthineers
- Canon Medical
- Mindray
- Stryker
- Dentsply Sirona
- Planmeca
What you can buy or refinance
The way this medical equipment is being purchased affects the lender's valuation, available term and security checks.
- ultrasound
- imaging equipment
- dental chairs
- sterilisation units
- practice fit-out equipment
- patient monitoring
- diagnostic devices
Documents that explain the purchase
These records connect the medical equipment, its total cost and intended work with the business's ability to make the repayments.
- supplier quote
- device specification
- service agreement
- installation calendar
- practice bank statements
- BAS
- management accounts
- provider contracts
Have something in mind? Let’s talk finance.
Get my free quoteMedical equipment finance.
More options. Less legwork.
The gear that lets you diagnose and treat is expensive, and it shouldn't drain the cash your practice needs to pay staff, rent and consumables. X Lend is a finance broker: we take one application and compare it across 80+ banks and nonbank lenders to fund the equipment and keep your working capital where it belongs.
Equipment and fitout together
We can bundle diagnostic gear, chairs and the consulting room fitout into a single facility.
Low doc options
Established practices can often finance significant equipment without full financials.
Why choose X Lend for medical equipment finance?
We arrange finance for imaging and diagnostic equipment, dental chairs and units, lasers, surgical and consulting room gear, and complete practice fitouts, new or used, single items or a whole of room upgrade. We structure it as a chattel mortgage, hire purchase or rental to suit your GST, depreciation and accountant's advice.
Because we shop the whole panel, including lenders who specialise in healthcare, established practices can often access strong terms and low doc approvals on trading history, and we can bundle equipment with the fitout into a single, manageable finance option. We keep it plain English and only submit once you're ready.
New and used equipment
We arrange finance for new and quality used clinical equipment across suitable purchase channels.
Tax effective structures
Medical equipment ownership, rental, GST and depreciation treatment can differ, so the finance structure should be checked against the practice's accounting plan.
Fast settlement
Many practice deals settle in 48 to 72 hours so the equipment is treating patients sooner.
Healthcare focused lenders often view established practices favourably and can extend low doc approvals on trading history alone. Equipment and fitout can frequently be combined into one finance option, with many deals settling within 48 to 72 hours.
Work out your repayments.
Then find your finance.
Try an amount and term for your medical equipment finance. When you’re ready, we’ll compare the options available to you.
Medical equipment finance repayment calculator
Adjust the amount, term and rate to see an indicative repayment.
Estimate only. Calculations include an assumed $990 broker origination fee and $500 lender fee, both financed. Total repayable includes those fees, interest and any final balloon. Weekly and fortnightly figures are equivalents of the monthly estimate. Actual fees and repayment timing depend on your offer.
What rate could I get?
Your quote takes your circumstances and finance requirements into account. Compare your rate, fees and repayments together before choosing an offer.
Find my optionsA real customer.
A plan made possible.
The practice had only traded for eight months and needed several equipment items together, before a conventional two-year business history existed.
Dental equipment finance · Gold Coast, QLDA complete dental equipment package for a new practice
The complete equipment package was approved on the first lender enquiry and settled at a historical rate of 11.2%, with one facility and one supplier payment.
- 7 business days turnaround
- Finance arranged by X Lend
Historical customer outcome. Vehicle and business images are illustrative.
Find out what’s possible for you.
Get my free quoteYour circumstances.
Your finance options.
We match your circumstances to suitable lenders for medical equipment finance. Your broker helps you prepare the application.
What do lenders look at for medical equipment finance?
A lender wants to know what the medical equipment is, what it will do for the business, how long it should remain useful and whether the repayments are affordable. The details below explain the usual checks and what can help support the application.
From enquiry to settlement.
We’re with you all the way.
Your broker handles the lender comparison and paperwork for medical equipment finance, keeping you informed at each step.
- 01
Tell us your plans
Tell us what you want to finance, how much you need and when you need it. That could include imaging, ultrasound, X-ray, CT and MRI.
- 02
We do the lender research
We help organise supplier quote and device specification and check the lender criteria that apply to your circumstances to find lenders that fit your situation.
- 03
Choose your finance
We explain the available rate, term, repayment and security options, including the full cost and how repayments fit your budget. You choose the option to take forward.
- 04
We organise settlement
Your broker coordinates lender conditions, signed documents and payment details, so you can focus on what comes next.
Start with your free quote.
Your broker reviews your enquiry and explains the next steps, usually within one business day. An enquiry does not create a credit check or an obligation to proceed.
Find the finance that fits.
Know what you’re choosing.
Compare the ways you can arrange medical equipment finance, with a broker to explain your options.
Balloon or no balloon: compare the whole repayment plan
Swipe across the table to compare all columns.
| Option | During the loan | At the end |
|---|---|---|
| No balloon | Higher regular repayments than the same loan with a balloon; the balance reduces faster | The scheduled loan balance is repaid when all payments have been made. |
| A balloon payment | Lower regular repayments, but interest is charged on a larger outstanding balance | A lump sum remains due. Budget for it rather than assuming resale or refinancing will cover it. |
| A shorter term | Higher regular repayments may reduce total interest on otherwise equal terms | Check affordability alongside the total amount repaid, fees and any payout costs. |
Use the calculator to compare the same amount, rate and term with and without a balloon. Refinancing requires a new assessment and is not guaranteed.
Specialist equipment can have a limited resale market. The application should explain the clinical or operational need without making promises about patient outcomes or revenue, while separating the device from software, installation and room works.
Installation may not be part of the asset
Electrical work, shielding, plumbing, software and room modifications should be separately itemised.
Service support protects uptime
Warranty, maintenance agreements, consumables and local technical support affect the useful-life assessment.
Technology can become obsolete
A term should remain sensible relative to updates, replacement cycles and expected clinical use.
Supplier and equipment compliance matters
Finance approval does not confirm therapeutic approval, registration, practitioner suitability or regulatory compliance.
Separate equipment value from the clinical project
An imaging, dental or treatment system can involve the device, software, licences, room works, shielding, plumbing, consumables and training. Itemising the project helps identify what can be financed as equipment and what may need another funding source. It also makes the supplier's warranty and service obligations clearer.
Build the repayment case around existing operations and a conservative implementation plan. New services may take time to attract referrals, obtain approvals and reach target utilisation. Finance approval does not confirm clinical efficacy, practitioner suitability, registration or regulatory compliance; those matters require independent professional verification.
Plan for service, technology and patient-data obligations
Check local technical support, response times, parts, software updates and the cost of mandatory service contracts. A device with limited resale may justify a term shorter than its theoretical mechanical life. Upgrade and early-payout conditions matter when the technology is expected to change quickly.
Where equipment stores or transmits patient information, assess cybersecurity, privacy, data location and access after the supplier relationship ends. These operational obligations are separate from the finance contract but can affect whether the purchase is suitable for the practice.
Coordinate delivery, acceptance and settlement
Confirm when deposits and final payments are due, what acceptance testing is required and who signs off installation. Imported or made-to-order equipment may need staged payments that do not fit a standard asset settlement. The practice should preserve enough liquidity for training, consumables and the period before the equipment reaches normal utilisation.
Why the asset's age and condition matter
Service support, software generation, calibration, warranty and expected clinical how much the asset will be used shape the useful life and resale position of medical equipment. In practical terms, this can change the deposit required, how long the loan can run and which lenders will consider the asset.
Calibration, software licences, probes, consumables and service contracts should be considered in the ongoing equipment budget. These costs need to fit beside the repayments. The loan should also finish within the period the asset is expected to remain useful to the business.
How contracts and supplier payment dates can help
Appointment volumes, practitioner schedules, existing patient demand and provider arrangements can explain expected how much the asset will be used. Contracts, purchase orders and confirmed work can help show how the asset is expected to earn money and when customers are expected to pay.
If the medical equipment supplier needs a deposit, progress payments and a final payment, list each date and amount. This lets the lender reconcile the full purchase cost and arrange the payment stages correctly.
What should I have ready before applying?
- Obtain an itemised equipment and installation quote.
- Check warranty and local service coverage.
- Document the intended operational use.
- Confirm relevant professional and regulatory requirements independently.
How we can help.
Illustrative examples of how we approach medical equipment finance.
A newer business purchasing medical equipment
The business has a shorter ABN history and confirmed work that requires the medical equipment.
How your broker helps
We identify lenders that can assess recent account history, industry experience and contracted work, then present the purchase as one complete operating proposal.
What to have ready
Business bank statements, GST registration, signed work agreements, the supplier quote and evidence of the operator's experience.
Used medical equipment with age or usage
The chosen asset has material age, hours or kilometres and remains suitable for the work ahead.
How your broker helps
We document condition, service history, specification and resale support, then compare lenders whose end-of-term age policy fits the proposed term.
What to have ready
Service records, inspection details, serial or VIN information, photographs, the invoice and a clear explanation of expected annual use.
Growth purchase with incomplete financial statements
Current work supports the purchase while the latest full-year accounts are still being prepared.
How your broker helps
We list the documents already available, current debts and expected payment timing, then compare lenders that accept that evidence.
What to have ready
Recent bank statements, BAS, management accounts, an accountant letter, contracts, purchase orders and a schedule of existing finance.
A word from your broker.
For specialist medical equipment, we separate the device from software, room works and other project costs. We then compare lenders that understand the asset while leaving clinical suitability, regulation and tax treatment to the customer's relevant professional advisers.
Let’s compare your options.
Get my free quoteKeep your business moving.
Keep cash for what’s next.
See how arranging finance compares with waiting or paying the full cost upfront.
With medical equipment finance
Use medical equipment finance to meet an eligible treatment cost without needing the full amount available in cash.
Compare a defined medical equipment finance repayment against the treatment schedule and household budget.
Keep more savings available for everyday and unexpected expenses while paying for medical equipment treatment.
The cost of waiting.
Necessary treatment connected with medical equipment finance may remain delayed while the underlying issue continues.
Postponing the care being considered under medical equipment finance can sometimes lead to a more involved treatment plan.
Paying the full medical equipment finance treatment cost from savings can reduce the household emergency buffer.
Good finance.
Even better support.
Google reviews
Read reviews on Google Review on Google
Corey was excellent to deal with. He was able to get me a better rate than everyone else, he was very responsive, worked quickly and made the process very easy, even with me asking a million questions. I would definitely use him again next time.
Review on Google
I can’t recommend Corey from X Lend highly enough. From the very first conversation, he was professional, transparent, and genuinely focused on finding the best outcome for me. Corey took the time to explain every step of the finance process in a way that was easy to understand, answered all my questions promptly, and never once made me feel rushed or pressured. I really appreciated how proactive he was, keeping me updated, following up with lenders, and making sure everything stayed on track. What really stood out was how hard he worked to secure a great deal. He compared multiple lenders, negotiated on my behalf, and ultimately achieved a rate and repayment structure that exceeded my expectations. The whole process of purchasing my car was smooth and stress‑free thanks to their expertise. If you’re looking for someone knowledgeable, reliable, and genuinely in your corner, I wouldn’t hesitate to recommend them. I’ll definitely be using their services again in the future :)
Review on Google
Corey helped me through the entire process of getting my dream family car! He was extremely prompt with his responses and had everything organised quickly and smoothly. I made a huge mistake by settling finance on the wrong car (a 5‑seater instead of a 7‑seater), but Corey was incredibly understanding and supportive. He contacted the dealership, lender, and even rearranged my insurance for me. He did all of this without ever making me feel like a hassle, even though I knew I was being a pain! Despite the setback, Corey stayed fast and efficient, kept me confident throughout the process, and managed to get everything cancelled and re‑approved for a higher amount so I could get my actual dream car. I highly recommend Corey. He speaks to you like a friend and genuinely has your best interests at heart. I already had quotes from Toyota Finance and Toyota Insurance, and Corey was able to get both significantly cheaper. Toyota Finance even reviewed Corey’s figures and confirmed they couldn’t beat them. I will never look to another finance company again.
Let us help with
medical equipment finance.
Your medical equipment finance questions.
Answered.
The details you want to know before taking the next step.
Are you a lender or a broker?
We're a finance broker: we compare 80+ banks and nonbank lenders and place your medical equipment finance with the best fit for your practice.
Can I finance the equipment and the fitout together?
Often, yes. We can bundle equipment with the consulting room or clinic fitout into a single facility with one scheduled repayment.
Can I get approved without full financials?
Often, yes. Healthcare focused lenders frequently offer low doc options to established practices on trading history. We match you to the lenders most comfortable with your specialty.
Is medical equipment finance tax effective?
It can be. Depending on the structure, you may be able to claim depreciation and the GST on the purchase. We'll explain the options so you can confirm the detail with your accountant.
How fast can it settle?
Many practice deals get a same day decision and settle within 48 to 72 hours once documents are in.
What brands, models or purposes can medical equipment finance cover?
Common examples include GE HealthCare, Philips, Siemens Healthineers, Canon Medical, Mindray, Stryker. This is not a restricted list: the lender will still look at the exact item or purpose, the amount requested and your circumstances.
What documents can support medical equipment finance?
A lender may ask for supplier quote, device specification, service agreement, installation calendar, practice bank statements, BAS. You may not need everything on that list. X Lend confirms what applies before anything is submitted.
How does X Lend work through a complex medical equipment finance application?
For medical equipment finance, we first confirm the transaction, timing and available evidence. We then explain the issues that matter, compare lenders whose rules fit those facts and show the proposed option before any application is submitted.
Keep exploring your options
Further readingASIC — credit and lendingAustralian Business RegisterPPSR information for businessesbusiness.gov.au — leasing or buying vehicles and equipment
Reviewed by Corey Marino
FBAA member M-354085 · Diploma-qualified finance broker · Last reviewed 24 August 2026