Medical Equipment Finance Scheme

Purchase or set up new premises such as clinics diagnostic centres and hospitals.

Medical equipment finance scheme. 50 000 and five lacs generally meant for existing business owners looking for growth and proper. 50 000 generally start ups or micro business owners. 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.

Minimum 15 of the margin has to be paid by the customer under medical equipment finance. Applicants applying for an amount more than rs. Balance transfer of existing term loans or working capital. Original invoice to be hypothecated to smc finance and loan cum hypothecation agreement to be signed by the customer.

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. Loans for doctors this is a loan that can be taken by doctors who intend to open their own medical facilities. 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. 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. What security is required by the smc finance.