5 Medical Equipment Financing Tips for Dental Practices


There’s one central element keeping medically associated practices afloat – and that’s patient satisfaction. In order to accomplish and maintain this crucial level of contentment, your business must provide compassion, quality service and the most up-to-date technology. The latter of the bunch is a large bargaining point that influences the opinion of current and prospective patients. These necessary amenities will undoubtedly benefit your business due to the enhanced services you’ll be able to offer.

Deciding to follow through with obtaining cutting-edge medical equipment for a dental practice can be a costly investment however. It’s understandable that economic repercussions are quite daunting, but choosing to lease equipment rather than outright buy them is a viable option for any practice. If your practice is in need of new equipment, consider small business funding from a trustworthy provider. Before blindly accepting any financial support terms, be sure to take precaution and plan accordingly. Here are five tips to follow while pursuing dental equipment financing opportunities.

Dental Equipment Financing Advice

The following medical equipment financing tips will discuss what dental practices should be aware of while exploring and finalizing a financial support deal.

1. Understand What the Financial Support Entails

When creating your plan of action to receive medical equipment through partnered funding, it’s important to understand what to expect throughout the lifetime of the financial-aid. While some businesses may opt to pay outright cash so they’ll have no required owed finances, these liquid assets are removed straight from the capital of the practice – further reducing funds that could be allocated elsewhere. Remember that small business funding will also accrue interest and gradually increase the final cost.

2. Allocate Space for New Dental Equipment

Adding new equipment through a lease is exciting, but don’t let anticipation cloud your priorities. Prepare for installation while you’re waiting for the delivery. Making sure you have allocated space for the new tech. Pre-determining where you’ll store and use this equipment will eliminate headaches in the future, especially if renovations will be necessary. Leasing the purchase of your new product will allow for funds to be readily available if building or office changes are needed.

3. Inspect the Equipment Before Installation

This tip is a little less financial oriented than the rest, however no less important. Be sure to inspect and test the new piece of equipment upon delivery. Most brand new equipment will properly function, but there are always random instances of inefficiency due to a potential mechanical issue. Avoid any hiccups or malfunctions by thoroughly inspecting the equipment before signing off on any papers.

4. Explore Warranty Options

While closing in on a deal for a new dental equipment financing plan, search for any available warranty options. These plans will expedite service costs and cover your equipment assets during any hardware or operational complications. Don’t forget to ask if warranty possibilities are included in the funding or available as a separate entity. It’s wise to know the details instead of getting surprised by additional fees.

5. Credit Scores Aren’t Everything

A practices’ credit score and credit history do have major weight in the decision for a lender to provide financial funding, but know that it’s not the end all be all. Some providers consider more than these two factors and look deeper into the business itself. These other requirements of consideration include details such as proof of business ownership, at least $10,000 in monthly revenue, a credit score of at least 520 and have been operating for at least 12 months.

Complete Medical Equipment Financing Support

Not every business will be able to financially support the monumental decision of taking on expensive pieces of medical equipment – and that’s why Lendr is here to help. The financial funding you’ll receive with Lendr will provide flexible support and encompass your business goals for streamlined efficiency. We can create a growth plan that’s both competitively aggressive and cost-friendly so no self-sacrifice will be needed. Choosing Lendr as a financial provider will offer a large amount of small business funding variables for you to choose from.

Contact us today for a one-on-one consultation to partner with Lendr for 75 years of dedicated experience or learn how it all works. We look forward to working with you!


  1. ndis near me

    Very interesting info !Perfect just what I was looking for!

  2. Muscle Queen

    Greetings! Very helpful advice on this article! It is the little changes that make the biggest changes. Thanks a lot for sharing!

  3. smoretraiolit

    It’s hard to find knowledgeable individuals on this matter, but you sound like you know what you’re speaking about! Thanks

  4. ruth schaefer

    Very interesting topic, regards for posting.

  5. cbd oil

    i bookmared your site

  6. Social media

    Hi, the whole thing is going fine here and ofcourse every one is sharing facts, that’s genuinely fine, keep up writing.|

  7. Check more at garagedoorrepairdfw.com

    Hello there, I found your web site via Google while searching for a related matter, your web site came up, it seems great. I have bookmarked it in my google bookmarks.

  8. nasal decongestant

    That is very fascinating, You are an overly professional blogger. I’ve joined your rss feed and sit up for looking for more of your fantastic post. Also, I have shared your web site in my social networks|

  9. nose decongestant

    I visited multiple sites except the audio quality for audio songs present at this web site is actually wonderful.|

  10. lose weight by cycling

    Its such as you learn my mind! You seem to grasp so much about this, such as you wrote the book in it or something. I believe that you just could do with a few p.c. to pressure the message house a little bit, however instead of that, this is excellent blog. A fantastic read. I will definitely be back.|

  11. check my profile

    This piece of writing presents clear idea for the new users of blogging, that genuinely how to do blogging and site-building.|

  12. film bokep

    Hmm it appears like your site ate my first comment (it was super long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to the whole thing. Do you have any tips for novice blog writers? I’d really appreciate it.|

  13. check here

    Every weekend i used to go to see this web page, because i want enjoyment, for the reason that this this web site conations really pleasant funny information too.|

  14. the best way to lose belly fat fast at home

    I like the helpful info you provide to your articles. I will bookmark your blog and test once more here regularly. I am somewhat certain I’ll learn a lot of new stuff right here! Good luck for the next!|

  15. click to find out more

    Amazing! This blog looks just like my old one! It’s on a completely different topic but it has pretty much the same layout and design. Excellent choice of colors!|

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>