Equipment that veterinarians need is wide ranging and ever changing. How renting can help.
Several vets practices this year have needed to get new xray machinery for their surgeries. With an outlay of up to $100,000 this can put a strain on cashflow. One also needed a new UTE to visit animals on farms, essential for the job but again quite a cost.
Classic Funding Group Solution
- A new digital xray and ultrasound machine costing $92,000 was purchased using Equipment Finance and rented back to the veterinarian for a monthly outlay of under $2000 for 5 years
- Secured loan provided to purchase a $48,000 Mitsubishi Triton including a non cash deposit. Monthly repayment of under $600
Interested in funding solutions for veterinary or medical practices?