Financing Types

Equipment Refinancing

Refinance an existing ultrasound loan or lease to lower your monthly payment, extend terms, or free up cash flow. B/C credit considered.

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A system you already own can earn more than just scans. If the loan on that cart is eating into monthly cash flow because the rate is high, the term is short, or the original deal was structured under worse credit conditions than you carry today, refinancing puts those numbers back on the table. We refinance existing ultrasound debt for practices that want a lower payment, a longer runway, or simply a better deal than the one they signed two or three years ago.

Refinancing works on loans you still owe against the system, and in some cases on leases approaching end of term. The new note pays off the existing balance, replaces it with a restructured payment, and may extend the term. The goal is almost always monthly cash flow: freeing capital that is currently sitting in a payment so it can move toward staffing, expansion, or other equipment needs.

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Questions About Equipment Refinancing

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

Can I refinance a system I still owe a significant balance on?

Yes, as long as the remaining balance is at or above our $50,000 minimum and the system still has enough useful life left to collateralize the new term. We look at the payoff balance, the system's current value, and your credit profile to determine the structure.

Will refinancing hurt my credit?

A refinance application involves a credit inquiry, which can have a small temporary effect. The longer-term impact is typically neutral to positive if the refinanced note results in more consistent on-time payments due to the lower monthly obligation.

Can I refinance equipment that is several years old?

Age matters in terms of the collateral value remaining. A five-year-old premium cart with a strong service history is easier to refinance than a ten-year-old system approaching end of useful life. We will assess the specific system and let you know what is feasible.

Is it possible to refinance and also pull out some cash at the same time?

That is a cash-out refinance, and it is a separate product. If the system is worth more than you owe, we can sometimes structure a note that pays off the existing balance and advances additional funds against the remaining equity. Ask us to run both options.

How many months of bank statements do I need to provide?

Typically three months. Larger refinance amounts or more complex credit situations may require additional documentation, but three months is the standard starting point for a clean application.

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Related Financing Paths

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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.

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