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Exo Financing

Finance the Exo Iris handheld ultrasound system with equipment loans or leases. Minimum $50k, funding in 1-2 weeks, B/C credit considered.

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Exo entered the handheld ultrasound device market with the Iris, a chip-scale system that uses piezoelectric micromachined ultrasound transducer (PMUT) technology rather than the traditional piezoelectric crystal approach found in most clinical systems. The distinction matters for practices evaluating this platform because PMUT chips produce a single-probe form factor that covers a wider clinical range than a conventional handheld, which typically requires swapping transducers between applications. Financing an Exo Iris fleet for a practice or health system means understanding what that platform delivers clinically and whether the economics justify the per-unit price point.

We finance Exo systems starting at $50,000. A multi-unit Exo Iris deployment for a clinical team or department typically lands well above that threshold, and application-only approval handles requests up to approximately $400,000 with streamlined documentation. Three months of bank statements and an application are the core requirements for most established practices. Funding takes one to two weeks from approval. B and C credit profiles are considered; the cash in the accounts and the revenue the practice demonstrates often matter more than the score number.

The practices that pull the trigger on Exo financing tend to be departments that want to put imaging in more hands, not just in more rooms. An emergency group equipping every physician with a dedicated device, or a hospitalist service adding bedside scanning as a standard workflow, represents a different deployment model than buying one cart for a department. We structure the financing to fit that model, whether that is one device on a single application or a fleet purchase spread across a group practice.

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Questions About Exo Financing

Review the common timing, documentation, and equipment questions before sending the quote.

Does the Exo Works software subscription get financed along with the hardware?

No. The software subscription is a recurring operating expense, not a depreciable asset, so it cannot be financed as part of an equipment loan or lease. The hardware is the financeable component. Check with Exo directly on whether any subscription period is bundled with the hardware purchase.

Can a hospital system set up a master lease to deploy Exo across multiple departments over time?

Yes. A master lease facility lets you establish a credit limit upfront and fund individual draws as equipment is deployed across departments or facilities. This avoids re-underwriting each purchase and simplifies the administrative process for large rollouts.

If Exo releases a new generation of the Iris, can I upgrade mid-lease?

Upgrading mid-lease typically requires paying off the remaining balance or rolling it into the new deal. Some lessors offer early termination provisions that reduce the payoff. We can structure the initial lease with an upgrade clause if that flexibility is important, though it may affect the monthly payment.

Is Exo Iris financeable for a single-physician concierge practice?

Yes, as long as the total financed amount reaches our $50,000 minimum. A single Iris device may sit below that threshold on its own. Bundling accessories, a charging cradle, and any training or integration services can bring the total up. Alternatively, a multi-device purchase reaches the threshold cleanly.

Does PMUT technology affect how the equipment is valued for a sale-leaseback or refinance?

Valuation depends on market demand for the used device, not the underlying technology. Exo Iris is a relatively new platform, so secondary market data is still developing. We appraise based on current dealer pricing for used units when structuring a sale-leaseback on a device with equity.

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Share the system model, seller quote, probe package, and desired in-service date. We will respond with the next documentation step.