Medical and dental equipment finance: planning the practice investment
Define the equipment and practice requirements
List the dental chair, imaging, diagnostic, treatment or allied-health equipment, along with supplier and price. Keep the equipment specification clear so the finance conversation supports the practice’s actual requirements.
Budget beyond the unit price
Separate installation, commissioning, training, maintenance contracts, software and any fit-out. Ask which components can be included in the agreement and which require separate funding. Different project costs may be treated differently.
Consider technology life and service support
Compare the proposed finance term with the expected replacement cycle. Ask the supplier about servicing, parts, upgrades and ongoing support. Clinical suitability and compliance questions belong with the relevant qualified professionals and suppliers.
Use realistic practice cash flow
Estimate additional revenue or savings conservatively and include downtime, staff training and ongoing running costs. Check whether the commitment remains workable if utilisation grows more slowly than expected.
What to have ready
Provide supplier quotes, the equipment list, practice context and purchase schedule. Ask about ownership, security, fees, any final payment and early repayment terms. Take accounting and tax questions to your accountant before relying on a particular treatment.
Explore the next step
Medical and dental equipment finance information · Repayment calculator
Enquire About This PurchaseFurther reading: ASIC Moneysmart: comparing car loans and personal loans. For business purchases, see business vehicle and equipment finance. Provider examples do not indicate a lender-panel relationship.