By Mark J. Kane | Founder & CEO, Sunwise Capital | Forbes Finance Council Member 18+ years in business financing · 86,000+ businesses trust us · Boca Raton, FL Key Takeaways Healthcare practice equipment financing lets you acquire diagnostic tools, imaging systems, and clinical technology without depleting cash reserves. Qualified practices with strong revenue can access equipment loans from $25,000 to $5 million — often with no down payment required. Sunwise Capital offers same-day approval decisions and funding in as little as 4 hours for healthcare equipment. Choosing the right structure — loan vs. lease — depends on how long you plan to use the equipment and your tax strategy. NEFA-member lenders like Sunwise Capital specialize in healthcare equipment deals across medical, dental, and specialty practices. Healthcare practice equipment financing is one of the most strategic tools available to physicians, dentists, and specialty practice owners. The right equipment drives revenue. The wrong financing structure drains it. Whether you’re adding an MRI unit, upgrading your digital imaging system, or outfitting a new exam suite, the question isn’t just whether you can afford the equipment — it’s how to structure the capital so your cash flow stays healthy while your practice grows. Since 2010, over 86,000 businesses have trusted Sunwise Capital to structure exactly these kinds of deals. Table of Contents Toggle What Is Healthcare Practice Equipment Financing?What qualifies as healthcare equipment?5 Smart Ways to Structure Healthcare Practice Equipment Financing1. Equipment Loans — Own the Asset, Control the Term2. Equipment Leasing — Preserve Cash, Stay Current3. SBA 504 Loans — Long-Term, Low-Rate for Major Equipment4. Revenue-Based Bridge Financing5. Vendor Financing Programs + Supplemental LendingFind out what your practice qualifies for.How to Qualify for Healthcare Practice Equipment FinancingLender criteria that move the decisionDocuments that speed up approvalHealthcare Equipment Financing: What to Expect at Sunwise CapitalFrequently asked questionsWhat types of healthcare equipment can be financed?How much can a healthcare practice borrow for equipment financing?Do I need a down payment for healthcare equipment financing?How fast can a medical practice get equipment financing approved?Is healthcare equipment financing tax-deductible?Can a new medical practice qualify for equipment financing?What's the difference between an equipment loan and an equipment lease for a healthcare practice?The bottom lineYour practice qualified for equipment capital. Find out how much.About the Author What Is Healthcare Practice Equipment Financing? Healthcare practice equipment financing is a loan or lease structure specifically designed to fund the acquisition of clinical, diagnostic, or operational equipment. Instead of paying the full purchase price upfront, you make fixed monthly payments while the equipment goes to work generating revenue from day one. Unlike general business loans, equipment financing is secured by the equipment itself — which typically means stronger approval odds and more favorable terms for established practices. Mark J. Kane, Founder & CEO of Sunwise Capital, puts it plainly: “Equipment is one of the smartest ways to deploy borrowed capital because the asset itself generates the revenue to repay the loan. We can structure equipment deals up to $5 million for companies across construction, healthcare, and transportation — often with no down payment required.” What qualifies as healthcare equipment? Nearly any capital equipment used in a clinical or practice setting qualifies — diagnostic imaging (MRI, CT, X-ray), dental chairs and CBCT scanners, surgical lasers, EMR workstations, infusion pumps, sterilization systems, and even technology infrastructure like practice management software hardware. 5 Smart Ways to Structure Healthcare Practice Equipment Financing 1. Equipment Loans — Own the Asset, Control the Term A traditional equipment loan funds 80–100% of the purchase price. You own the equipment, take the depreciation, and make fixed monthly payments over 24–84 months. This is the right structure when you plan to use the equipment for its full useful life and want a clear path to ownership. Practices with $750K+ in annual revenue and 680+ credit scores typically qualify for the best rate terms. Sunwise Capital offers equipment financing up to $5 million with no down payment requirements for qualified healthcare practices. 2. Equipment Leasing — Preserve Cash, Stay Current Leasing makes sense when technology evolves fast — which in healthcare, it always does. A lease lets you upgrade at end of term rather than owning outdated equipment. Monthly payments are typically lower than loan payments, and operating leases may be fully deductible as a business expense. The tradeoff: you don’t build equity in the equipment. For high-turnover technology like digital imaging or diagnostic software, that’s often the right call. For long-lived assets like exam tables or surgical suites, an ownership structure usually wins on total cost. 3. SBA 504 Loans — Long-Term, Low-Rate for Major Equipment The SBA 504 loan program is purpose-built for fixed asset acquisition — including major medical equipment. Terms run up to 10 years for equipment with rates tied to 5-year and 10-year Treasury rates. The catch: SBA timelines average 60–90 days. If you need equipment now, a conventional equipment loan gets you there faster while you pursue SBA refinancing later. 4. Revenue-Based Bridge Financing If your practice needs equipment now but doesn’t meet traditional lending criteria — perhaps due to a recent expansion or a short time at current location — a merchant cash advance (also called a revenue-based loan) can bridge the gap. Repayment is tied to a percentage of daily revenue, making it flexible during slower months. This isn’t the cheapest option, but it’s fast and cash-flow-aware. As Mark J. Kane of Sunwise Capital notes, revenue-based lending “used correctly — for a short-term gap with strong daily sales volume — is one of the most flexible tools a small business has.” Practices generating $50K+ monthly in collections often qualify same day. 5. Vendor Financing Programs + Supplemental Lending Many major medical equipment manufacturers offer in-house financing — but those programs are designed to move their own products, not to optimize your capital structure. Layering a supplemental equipment loan on top of a vendor credit line, or using a lender like Sunwise Capital to refinance vendor financing at better rates, often saves practices $15,000–$40,000 over a 5-year term on a mid-sized equipment purchase. Sunwise Capital Find out what your practice qualifies for. No commitment. No impact to your credit score until you accept an offer. See My Funding Options → Soft check only · 2 minutes · No obligation How to Qualify for Healthcare Practice Equipment Financing Lender criteria that move the decision Most equipment lenders evaluate four things: time in business (2+ years preferred), annual revenue ($500K minimum, $750K+ for best terms), credit score (620+ for most programs, 680+ for top rates), and the equipment itself. Strong collateral — meaning durable, saleable equipment — matters more in healthcare than in many other sectors. Financing Type Best For Typical Term Funding Speed Equipment Loan Long-lived assets, ownership desired 24–84 months Same day – 3 days Equipment Lease Tech that becomes outdated fast 24–60 months 1–5 days SBA 504 Large purchases, lowest long-term rate Up to 10 years 60–90 days Revenue-Based Loan Bridge funding, fast access needed 6–18 months Same day Documents that speed up approval Have these ready before you apply: 3–6 months of business bank statements, last 2 years of business tax returns, a vendor quote or invoice for the equipment, and your practice’s basic corporate documents. Practices that submit a complete file get decisions in minutes — not days. Healthcare Equipment Financing: What to Expect at Sunwise Capital Sunwise Capital is a member of NEFA (National Equipment Finance Association) and has structured equipment deals for healthcare practices across dental, chiropractic, physical therapy, ophthalmology, and specialty surgical settings. Mark J. Kane and the Sunwise team work with practices across 700+ industries nationwide. The process: submit your application, receive a decision in minutes, review your offer, and accept — funding arrives in as little as 4 hours. No lengthy underwriting committee. No 90-day wait. For healthcare equipment financing with no collateral requirement, Sunwise offers unsecured options up to $500,000 for qualified practices. According to NFIB economic trend data, capital expenditure plans among small businesses continue to climb — and healthcare practices represent one of the fastest-growing segments for equipment investment. The practices that move fast on equipment get the revenue upside. The ones that wait lose it to competitors who didn’t. Frequently asked questions What types of healthcare equipment can be financed? Virtually any capital equipment used in a clinical setting qualifies — diagnostic imaging (MRI, CT, X-ray, ultrasound), dental equipment (chairs, CBCT scanners, intraoral cameras), surgical systems, infusion pumps, sterilization equipment, EMR hardware, and practice management technology. If it’s a capital purchase that generates revenue, it likely qualifies. How much can a healthcare practice borrow for equipment financing? Sunwise Capital offers healthcare practice equipment financing from $25,000 to $5 million. Loan amounts depend on your revenue, time in business, credit profile, and the equipment being financed. Practices with strong collections and established operating histories typically qualify for higher limits. Do I need a down payment for healthcare equipment financing? Not necessarily. Sunwise Capital structures many equipment deals with no down payment for qualified practices. The equipment itself serves as collateral in most loan structures, which reduces or eliminates the need for cash upfront. Practices with 680+ credit scores and $750K+ annual revenue often qualify for 100% financing. How fast can a medical practice get equipment financing approved? Sunwise Capital delivers approval decisions in minutes and funding in as little as 4 hours for qualified healthcare practices. Traditional bank timelines run 2–6 weeks. SBA 504 loans take 60–90 days. If your equipment need is time-sensitive, a conventional equipment loan through a specialty lender is the fastest path. Is healthcare equipment financing tax-deductible? Yes — in most cases. Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment in the year it’s placed in service, up to annual limits. Bonus depreciation may also apply. Consult your CPA to confirm how your specific equipment and loan structure are treated — the tax benefits often significantly reduce the effective cost of financing. Can a new medical practice qualify for equipment financing? Newer practices (under 2 years) face more limited options. Most lenders prefer 2+ years in business. However, practices with strong physician credit profiles (700+), established patient volume, and clean financials can often qualify for smaller equipment loans or leases. Revenue-based options are available for practices generating consistent monthly collections. What’s the difference between an equipment loan and an equipment lease for a healthcare practice? An equipment loan gives you ownership — you build equity, take depreciation, and own the asset at payoff. A lease lets you use the equipment without ownership, typically with lower monthly payments and the option to upgrade at end of term. Loans work best for durable, long-lived equipment. Leases work best for technology that evolves quickly, like imaging systems and digital diagnostic tools. The bottom line Healthcare practice equipment financing doesn’t have to be slow, complicated, or painful. The right lender — one that specializes in equipment deals and understands healthcare — can move from application to funding in the same business day. If your practice is ready to upgrade, expand, or add a revenue-generating equipment line, Sunwise Capital has the capital and the structure to make it happen. Since 2010, over 86,000 businesses have trusted us to deliver — with a 4.9/5 Trustpilot rating and a Rate Match Guarantee that means you’re not overpaying. See your funding options in 2 minutes — no commitment, no hard credit pull. What business owners say about Sunwise Capital Trustpilot Find. Fund. Fuel. Your practice qualified for equipment capital.Find out how much. See your funding options in 2 minutes. No commitment. No impact to your credit until you accept an offer. Since 2010, over 86,000 businesses have trusted Sunwise Capital. See My Funding Options → ⭐ 4.9/5 Trustpilot · Forbes Finance Council Member · NEFA & AACFB Member · Funding in as little as 4 hours About the Author Mark J. Kane is the Founder and CEO of Sunwise Capital, a small business lending company based in Boca Raton, Florida. With more than 30 years of experience in business finance and executive leadership, Mark has helped business owners access the capital they need to grow, adapt, and compete. Before founding Sunwise Capital, Mark held senior leadership roles across capital markets, securities, healthcare, and internet finance. His background includes building high-growth financial platforms, expanding investment banking operations nationwide, training thousands of sales professionals, and scaling ventures from startup stage to multimillion-dollar revenue. Mark holds a B.S. in Psychology from the University of Massachusetts Amherst and a Master’s Degree from the University of Chicago. Through Sunwise Capital, Mark and his team have helped more than 86,000 businesses pursue funding solutions designed to support growth, cash flow, equipment purchases, and long-term success. Ready to apply? See your funding options in minutes at Sunwise Capital.
