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Save Money – Go For Medical Imaging Equipment Financing and Section 179 Deduction Use It or Lose It



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By : Chris Mark    99 or more times read
Submitted 2009-12-22 06:23:26
Medical professionals need the best equipment especially for purposes of imaging. Clinics, doctor’s chambers, hospitals, all sorts of medical institutions need this equipment and thus financing for them too.

But does that mean that they go ahead and buy what they need all the time. Here we tell you about the obvious advantages of not buying but taking this equipment on lease that solves several of your problems for sure.

• To begin with, you save a great deal of money from leasing this equipment and not buying them. Thus your cost issues are somewhat resolved at the start. The medical equipment costs a great deal of money and sometimes in the range of $100,000 and even more.

When you lease this equipment instead of buying them you actually retain your buying power. The company will more often than not also give you the option of buying the equipment midway through the lease or at the end of the lease period. Thus you have the option of testing the equipment till the end of the lease period to see if you want to buy it or not.

• Of course with leasing since you are not struck for money, you can go ahead and procure the most fancy and useful equipment that is out there in the market. This will allow for greatest care facility for the person concerned. Thus you earn more profit as well as care for the patient a great deal more.

In case you have the right kind of medical equipment at your disposal, you need not divert your patients to other clinics in search of better and more appropriate equipment. Thus you don’t have to lose out either on revenue or on patient confidence. You have to convert your medical facility into a one stop medical care unit. This is where the patients will come and discover everything they need, all under one roof.

• The best part about all of this is that you are not stuck with some older technology. With the chance to upgrade, you are now in the possession of the latest in medical technology. You are not stuck with equipment that cannot be sold again. You can simply finish a lease term and go for better equipment for the next lease term.

• Such leasing does not require a down payment. You can instead manage to purchase the equipment that will deduct the lease value and not require you to pay a huge amount. There is no collateral involved. It couldn’t get smoother.

Of course you also have the additional advantage of having a full tax deduction on the equipment and the amount you lease it for. Also the equipment actually manages to finance itself by virtue of this tax reduction that you get on the lease value. As we have said before, this does not mean that you will forever be stuck with somebody else’s equipment. The depreciation amount and the interest that you have paid on the lease will be deducted from the purchase amount, once you decide to buy it.

Author Resource:

Chris Fletcher's page features more about new and used Medical Imaging Equipment Financing and other finance topics. Visit him at: http://www.crestcapital.com/Catalog - - free instant quote & web calculator!

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