There’s no doubt that leasing medical equipment is a far smarter choice for busy medical practices, but medical equipment leasing can deliver a number of business and tax advantages as well.
Woburn, MA (PRWEB) February 18, 2014
For medical centers, clinics, physician practices and hospitals who are in dire need of updating their MRI machines, operating room tables or waiting room furniture, there’s now a far better option. Although the majority of medical practices still purchase their new equipment outright or even buy used equipment, leasing and financing that same equipment is the smartest and most financially viable option and its usage is on the rise according to equipment leasing and financing marketplace LeaseQ.
For more information on the specifics of leasing medical equipment, go to:
According to a research done by GIA (Global Industry Analysts), the market for medical equipment leasing is estimated to increase to $56 billion by 2017. This is largely due to rapid increase of chronic diseases, which in turn enhances the demand for sophisticated medical and diagnostic equipment. This type of highly specialized equipment is typically extremely expensive to purchase. Smart medical facilities and medical centers, in an effort to avoid incurring such high costs, are increasingly turning to medical equipment leasing and financing.
Another key factor contributing to the increase of medical equipment demand is the constant advancement of technology. Today’s medical equipment is extremely sophisticated and is constantly changing with evolving technology. For a busy medical center or doctor’s office who purchases their equipment, keeping up with the change in technology can be very expensive – especially for smaller health care facilities. This is why many medical offices are turning to a medical equipment leasing companies to help them upgrade equipment on a regular basis without incurring high costs.
Medical Equipment Leasing Is Now Easier Than Ever
Until just a few years ago, medical equipment leasing and financing was relatively unheard of in the United States. This was largely due to lack of awareness of how leasing really works. However, recent trends have reversed - in that 40% of medical equipment in the United States is now leased. But still a startling 60% of medical equipment is either purchased or rented despite the enormous financial advantages.
And now with breakthrough equipment leasing and financing marketplaces like LeaseQ, leasing medical equipment has now become easier, simpler and more popular than ever.
LeaseQ Co-founder and CEO Vernon Tirey is an obvious advocate for equipment leasing over outright cash purchases – especially for medical centers and medical facilities on extremely tight budgets. Not only does it make economic and business sense to lease equipment, but the tax advantages remain extremely advantageous as well. He states; “There’s no doubt that leasing medical equipment is a far smarter choice for busy medical practices, but medical equipment leasing can deliver a number of business and tax advantages as well. It’s a challenge for a hospital, medical practice or a laboratory to quickly and easily find the best way to finance the medical equipment they need most. At LeaseQ, we make it easy for the medical practitioners and medical professionals to compare lease and financing terms on the LeaseQ One Touch Platform. We remain extremely excited about helping the medical and diagnostic community get the equipment they need with the financing that fits them best.”
Working with the leading financial services companies in the US, the free online platform at LeaseQ helps medical practices and hospitals find the best medical equipment financing lenders, rates and plans. Even for new businesses and businesses with challenged credit, LeaseQ is able to find the best financial solution to suit almost any financial situation.
Said Tirey, “When a medical practice leases through LeaseQ, our easy to use platform allows them to save thousands of dollars and hundreds of hours in the process. When they utilize LeaseQ, everyone benefits from the medical staff, the administrative staff right down to the practitioners. Not to mention the medical equipment dealers get to sell more equipment while the financing lenders get highly qualified lease and loan applications - which helps their businesses as well ”.
Using soft credit pull capabilities, LeaseQ’s One Touch Platform runs real time, accurate personal and business credit scores with zero impact on credit rating. LeaseQ’s advances in technology now allows medical offices in medical facilities greater flexibility and control when shopping for the medical equipment their practices rely on every day.
Since its launch in late 2012, LeaseQ has quickly become the largest online network of equipment dealers and equipment finance companies - assisting businesses of all types to quickly acquire the equipment they need at the rates and terms best suited for their needs.
Based in Woburn MA, LeaseQ is one of the leading providers of equipment leasing and financing options in the country. Visit them online at http://www.leaseq.com.