Bad-Credit (B/C) Equipment Financing

Our financing team includes specialty B/C credit tiers that can consider scores into the mid-500s. Approval at that level typically requires strong bank statement cash flow, a meaningful down payment, and an equipment asset that holds value well. Ultrasound equipment generally satisfies the asset quality requirement.

Initial pre-qualification reviews are typically soft pulls and do not affect your score. A full underwriting submission does involve a hard pull, which creates a minor temporary dip. We will always notify you before a hard inquiry is submitted.

Yes. Equipment refinancing is a standard option once you have built a payment history and your credit profile improves. Many practices use a B/C approval as a bridge, make consistent payments for 12 to 18 months, and then refinance at a better rate. We can structure the initial deal with that strategy in mind.

Not automatically, but they are significant factors. Active IRS tax liens must be disclosed and are reviewed case by case. A lien with a payment arrangement in place is viewed differently than a fresh unaddressed judgment. Disclose everything upfront; surprises discovered during underwriting are harder to work around than disclosed issues.

Yes. A co-signer or guarantor with stronger personal credit can make the difference between approval and decline on a marginal file. The co-signer takes on personal liability, so this is a serious commitment, but it is a real option when the practice owner's credit alone is not enough.

It can. Equipment from major brands (GE, Philips, Siemens, Mindray, Canon) with active secondary markets is easier to use as collateral because lenders have higher confidence in recovery value. Obscure or heavily customized systems may require additional documentation or a larger down payment.