Ultrasound Equipment Financing for Urology Practices

Yes. Software licenses, installation, and probe sets can all be bundled into the financed amount as long as they are from the vendor and listed on the invoice. Bundling keeps the transaction above our $50,000 minimum and often pushes it into the $100,000 to $150,000-plus range where our terms are most competitive.

Startup and early-stage practices can qualify, especially through our startup practice financing program. We look at the practice's revenue to date, the physician's personal credit, and the business plan. A urologist who recently went independent after years of hospital practice often has a strong approval profile even with limited business history.

That depends on your structure. If you have a fair market value lease, end-of-term upgrade is built in. If you have a loan or dollar buyout lease, we can look at refinancing the remaining balance into a new transaction that covers the upgrade. This is a common situation with imaging equipment and we handle it regularly.

Multi-year service contracts from the equipment manufacturer or an authorized third party can often be included in the financed amount. This is common for higher-end systems where annual service costs are significant. Ask your equipment vendor to include the service contract on the invoice and we can include it in the financing.

For a multi-physician group, the business entity applies rather than individual physicians. We look at the group's bank statements, revenue history, and any existing debt obligations. Application-only means no audited financials or tax returns are required up to approximately $400,000. The process is the same as for a solo practice, just applied to the group entity.