Asset finance · medical equipment finance
Specialist equipment, specialist financing.
Dental chairs, imaging equipment, surgical tools, allied health equipment. Specific lender programs for medical and allied health professions, often with industry-relaxed criteria for established practitioners.
What it is, when it fits
Plain English, with the trade-offs.
Medical equipment finance is asset finance with practitioner-specific lender programs that recognise the lower default rate of accredited medical and allied health professionals. Specialist lenders (BOQ Specialist, Macquarie Healthcare, NAB Health) maintain dedicated programs for doctors, dentists, optometrists, physiotherapists, and other accredited practitioners, with relaxed serviceability criteria, faster turnaround, and rates that often beat generic asset finance by 1% to 2%. The structure is usually chattel mortgage; the difference is policy and pricing rather than legal form. Equipment categories typically covered: dental chairs and imaging, GP and specialist diagnostic equipment, allied health treatment equipment, optometry equipment, hospital and clinic-level capital equipment. Loan sizes $10K to $2M+, terms 1 to 7 years. Practice purchase finance (goodwill plus equipment plus premises) often sits with the same specialist lender as a packaged deal at preferential rates.
Allied health practitioner at work in a modern clinic.
Typical scenarios
Dentist buying chairside equipment
Why: Established practice adding a 3rd chair plus associated equipment.
Outcome: Chattel mortgage via specialist medical lender, 5-year term, no balloon.
GP practice adding ultrasound
Why: Established suburban GP adding bedside ultrasound capability.
Outcome: Chattel mortgage, 4-year term, settled in 5 working days.
Physiotherapy clinic buying treatment equipment
Why: Three-therapist clinic adding shockwave and laser equipment.
Outcome: Chattel mortgage through specialist medical program, fixed monthly repayment matched to revenue.
Optometry equipment refresh
Why: Independent optometry refreshing imaging and dispensing equipment together.
Outcome: Bundled equipment finance, 5-year term, dealer-coordinated.
Lenders for this product
Who we work with.
- BOQ Specialist
- Macquarie Leasing
- Pepper Asset Finance
- Angle Finance
- Allied Credit
- NAB Equipment Finance
Lender accreditation varies; not every lender is available for every deal. We pick from the panel based on your specific situation.
How it works
From brief to settlement.
- 01
Practitioner-program qualification
We confirm eligibility for specialist medical-program rates (qualification, tenure, practice structure) before approaching lenders. The pricing difference is meaningful.
- 02
Package design
If you're combining equipment with practice purchase or premises, we design the package with the right specialist lender from the start.
- 03
Approval and dealer coordination
Specialist programs typically approve in 3 to 5 business days. We coordinate documentation with equipment dealers directly.
- 04
Settlement and review
Equipment delivered and installed on the agreed schedule; we review the rate at 12 months in case refinance makes sense.
Indicative pricing & terms
Ranges, not promises.
Rate range
5 to 10% p.a.
Loan size
$10K to $2M
Term
1 to 7 years
Security
Registered mortgage over the equipment
Indicative only; specific pricing depends on lender, security, and your business profile.
Frequently asked
Honest answers, plain English.
Practitioner-specific lender programs?
Yes. BOQ Specialist, Macquarie Healthcare, NAB Health, CommBank Medical run dedicated programs for accredited medical and allied health practitioners. Eligibility usually requires accredited qualification plus a minimum practice tenure (often 12 to 24 months).
Practice purchase combined with equipment?
Often the cleanest approach. Specialist lenders package practice goodwill, equipment, and premises in a single facility at preferential rates. We coordinate the package rather than running three separate applications.
Group practice structures?
Group practices, partnerships, and unit-trust structures all work; specifics affect documentation and tax treatment. We coordinate with your accountant on structure before submission.
Tax structuring around medical equipment?
Standard: chattel mortgage, GST claim upfront, depreciation across asset life, interest as deduction. Specific entity structures (medical service entity, holding entity, family trust) affect which entity claims what; speak to your accountant.
End-of-life and trade-in?
Most specialist medical lenders work with major equipment dealers on trade-in. Equipment with strong residual value (dental chairs, mainstream imaging) trades cleanly; specialised one-off equipment can be harder.
Related products
If this isn't quite the fit.
Next step
Twenty minutes, no obligation.
Tell us the shape of the deal and the timing. We'll send a lender shortlist for medical equipment finance or, if it isn't the right fit, an honest signal of what is.