Guide 01
Lease vs. loan: which fits your clinic?
Both spread the cost of equipment over time. The difference is who owns the equipment and what happens at the end of the term.
Rule of thumb: lease technology that ages quickly and buy assets that hold their value. Ask your accountant how each option is treated for tax in your situation.
Guide 02
What lenders actually look at
No single credit score decides an application. Lenders look at the overall picture, which is why new clinics can still get approved.
Personal credit
Usually the owner's history, especially for clinics under two years old.
Experience & credentials
Clinical licenses, a medical director and industry background reduce risk for new businesses.
Time in business
More history helps, but startups are judged on the plan and the people behind it.
Cash flow
Bank statements and projections that show the payment is comfortably covered.
The equipment itself
Established brands with strong resale value are easier to finance.
Deal size
Larger amounts usually call for more documentation, and sometimes a down payment.
Strengthen your file: keep personal credit utilization low before you apply, and lead with your clinical experience if the business is new.
Guide 03
Documents checklist
Having these ready is the easiest way to speed up approval. Smaller requests often need only the first few.
- Equipment quote or invoiceFrom your vendor, with model and total price
- Government-issued photo IDFor each owner with 20%+ ownership
- Business registrationIncorporation or registration documents
- Recent business bank statementsTypically the last 3–6 months
- Professional licensesPlus your medical director agreement, if applicable
- Business plan & projectionsKey for startups and clinics under two years
- Financial statements or tax returnsUsually for larger requests
- Lease for your clinic spaceShows you have a location secured
Tip: scan everything into a single folder before you apply, so you can send documents the same day a lender asks.
Guide 04
Device break-even math
Before you finance any device, find out how many treatments it takes each month to cover the payment.
Monthly payment÷Profit per treatment=Treatments to break even
Worked example: a $85,000 laser at about $1,785/month. Each treatment sells for $300 and costs $60 in consumables and staff time, leaving $240 profit. $1,785 ÷ $240 = about 8 treatments a month, or two a week. Every treatment after that adds to profit.
Sanity check: if break-even needs more than about 25% of the realistic bookings for that device, look for a longer term, a lower-cost device or a stronger pricing plan. Try the payment estimator →
Guide 05
Ask these before you sign a quote
The sticker price is only part of the cost. These questions show the true total, for new and pre-owned equipment alike.
- What's included in the price?Shipping, installation, training and taxes
- What do consumables cost?Tips, cartridges and per-treatment fees add up
- What does the warranty cover, and for how long?Parts, labor and loaner units
- How fast is service?Downtime means lost revenue
- Is there an upgrade or trade-in path?Useful for technology that changes quickly
- Pre-owned: is it transferable?Check the serial number, any recertification fees and the shot count
- Is marketing support included?Launch kits, listings on the brand's locator, co-op funds
- Are there software or license fees?Some platforms charge yearly
Next step: once you have a quote you're happy with, send it to us and we'll come back with monthly payment options within one business day. Get pre-qualified →