Laser / Equipment Leasing Information

• Customized payment plans that can be tailored to meet your cash flow and budget

• Approval can often be received within 24 hours

• A one page application is all that is required in most cases

• Leasing conserves cash and can provide 100% financing

• There may be significant tax advantages

• Leasing can sometimes cover additional soft costs. You may be able to include training, maintenance and other costs in your lease finance agreement

• Leasing won't drain your business credit. Leasing can actually allow you to preserve your bank lines of credit for other business purposes

The way the lease process works is as follows:

1. You receive a one page application, fill it out, send it in

2. The lease company approval department reviews your application. The quality of your credit will determine how quickly you get approval and how much you will be approved for. It's a good idea to find out how much you will be approved for before you decide what specific system you want.

3. Once you're approved, a lease company representative will contact you to discuss terms such as the length of your lease and buy out terms. A commonly structured lease for a laser is 60 months with a 10% buyout at the end. This will keep your payments lower than a one dollar buyout. Sometimes a company will offer a deferred lease. With this type of lease, you won't have to start making your payments for a few months which allows you to preserve your cash.

4. Once you've decided on the terms, your documents will be created and sent to you by overnight mail.

5. Look over the lease and sign where indicated. This is where things typically bog down. Many physicians tend put their lease documents on a big pile on their desk and forget to get around to it in a timely manner. If you want your equipment soon, get it signed and mailed back to the lease company ASAP. The lease company will typically even provide a self addressed Fed-Ex envelope.

6. Once the lease company receives the signed documents, they will issue the seller a purchase order.

7. Once the seller receives the purchase order, your equipment will be prepared for transport and shipped to you normally within 1-3 weeks.

Remember, sometimes there is a backorder on equipment or preparation time involved so get your paperwork completed and sent to the lease company as soon as possible. The seller won't take you very seriously or get your laser or equipment ready for shipment until they receive a purchase order.

Contact me today if you need help finding a responsive lease company specializing in lasers and medical equipment.

I am familiar with most of the medical equipment lease companies around the country and am networked with the best and most reputable

Even if you are already in the process of buying a new laser and the company has their own leasing source, it is still a good idea to compare rates and terms. A strong lease company representative understands the laser and medical equipment business and will be very competitive to get your business. I can quickly help you find a professional company that will take care of your needs and get you the best rates and programs.