Equipment Lease And Finance Company LeaseQ Announces That Leasing Medical Equipment Will Now Be Faster Thanks To Fast Approvals

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Leasing medical equipment has always been a huge challenge for many medical facilities given the fact that approval may sometimes be a slow and tedious process. Following the integration with, a CRM industry leader, LeaseQ has made approval of leases much faster.

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Leasing through LeaseQ helps businesses not only to save on time but also to save thousands of dollars

For several decades, many medical facilities have had to endure the long dreaded process of dealing with piles of paperwork and putting up with salespeople in an effort to acquire new or updated medical equipment.

The entire leasing process has been known to take up a lot of time and is considered an inconvenience for many health facilities. The good news is that there is now a better way to acquire all medical equipment without going through massive paperwork or haggling with sales reps. LeaseQ’s One Touch Platform offers a time saving solution to all medical facilities.

Leasing has now become a far better option for medical centers to update their furniture and other special patient care equipment. Although it’s true that some medical facilities still make outright purchases on new medical equipment, leasing and financing that very same equipment remains an affordable and feasible option.

Many medical facilities have realized the advantages of leasing and financing their equipment and this has seen an upsurge in medical leasing. Global Industry Analysts (GIA) conducted a study in which they approximated that by 2017, medical equipment leasing would increase to $56 billion.

There are several reasons as to why medical equipment leasing is on the increase. First, there has been a dramatic increase in the number of people suffering from chronic diseases. This has seen an increased demand for sophisticated equipment required to diagnose and treat these illnesses. Such equipment does not come at a cheap price and many health facilities opt to lease rather than make direct cash purchases.

Secondly, technology is forever changing and advancing. In order to cut back on the high costs of upgrading and purchasing advanced equipment, leasing seems to be a financially practical solution.

Equipment Leasing Trends Survey

The CEO and founder of LeaseQ, Vernon Tirey, agrees with the results revealed by a research done by ELFA on equipment leasing trends. He said, "in previous years, the equipment leasing industry faced a difficult time but this has recently changed with the industry seeing an increased demand for leasing equipment."

He however pointed out that despite the fact that leasing equipment is set to increase in 2014, secondary markets might experience difficulties that industry experts should be aware of. One of the difficulties that they could experience includes heightened government regulation.

The leasing industry is a $827 billion industry and it is now running at its strongest. Nearly all companies regardless of their size utilize equipment financing and leasing. Instead of diminishing cash reserves with purchases, many companies, including fortune 500 companies, have realized the benefits of equipment leasing.

Leasing Is Now Easier With One Touch Platform

LeaseQ is a free online platform where lessees can find the best plans, rates and financing lenders by working with leading financial services in North America. Startups or businesses with damaged credit can still find suitable financial solutions to suit their financial situation.

Tirey says that leasing through LeaseQ helps businesses not only to save on time but also to save thousands of dollars. The process of leasing through LeaseQ’s platform has been simplified. Potential lessees can get free and instant quotes and they can consult with financial experts who are always available online. Furthermore, they do not have to deal with sales reps or go through tons of paperwork.

LeaseQ has a one touch platform that has a zero impact on a businesses’ credit rating, provides accurate credit scores and runs real time. Potential lessees are able to control their own equipment shopping and they can also take advantage of the flexibility that comes with using the platform. In addition, lessees do not need to pay any registration fees because LeaseQ’s One Touch is free of charge.

About LeaseQ

LeaseQ is based in Woburn, MA and is one of the leading providers of equipment financing and leasing options. To try their online platform, visit

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Vernon Tirey
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