Investing in medical and dental equipment is essential for providing high-quality care, improving operational efficiency, and staying competitive in today’s healthcare environment. But purchasing modern equipment—whether it’s diagnostic machines, treatment chairs, or sterilisation units—often comes with a hefty price tag.

Fortunately, there are specialised medical equipment finance options available that allow Australian healthcare professionals to acquire the tools they need without putting pressure on cash flow.

In this guide, we’ll explore how medical equipment loans work, what types of assets you can finance, and how to choose the right loan structure for your clinic or practice.

Table of Contents

• Why Finance Medical or Dental Equipment?
  
• What Healthcare Equipment Can Be Financed?
  
• Types of Medical Equipment Finance
  
• What Lenders Consider for Approval
  
• How Capital Plus Finance Can Help
  

Why Finance Medical or Dental Equipment?

For general practitioners, dentists, physiotherapists, and specialists alike, access to the latest equipment can make all the difference in patient outcomes and business growth. But paying for those upgrades upfront isn’t always realistic—especially for newer or growing practices.

Here’s why many Australian health professionals turn to finance:

✅ Preserve working capital for day-to-day operations
✅ Spread the cost over manageable monthly repayments
✅ Stay ahead with the latest medical technologies
✅ Access potential tax benefits via depreciation and interest deductions
✅ Scale your clinic without compromising cash flow

Whether you’re fitting out a new practice or upgrading legacy equipment, the right loan structure lets your investment generate returns while it’s still being paid off.

What Healthcare Equipment Can Be Financed?

A wide range of new and used healthcare assets are eligible for financing, including:

🩺 Medical Equipment

• Ultrasound and X-ray machines
  
• ECG and diagnostic monitors
  
• Patient beds, gurneys, and trolleys
  
• Anaesthetic machines and ventilators
  
• Defibrillators and emergency kits
  

🦷 Dental Equipment

• Dental chairs and delivery units
  
• OPG and intraoral X-ray units
  
• Autoclaves and sterilisation systems
  
• Suction units and compressors
  
• CAD/CAM systems and imaging software
  

⚕️ Allied Health & Specialist Equipment

• Physiotherapy and rehabilitation machines
  
• Podiatry chairs and treatment tables
  
• Chiropractic and osteopathy benches
  
• Optometry diagnostic systems
  
• Laser and cosmetic medical equipment
  

💻 Practice Technology & Fit-Out

• Practice management software
  
• Reception and IT hardware
  
• Office furniture and cabinetry
  
• Clinic fit-outs and refurbishment
  

Types of Medical Equipment Finance

There are several finance structures available depending on your business model and cash flow needs:

1. 🏥 Chattel Mortgage (Medical Equipment Loan)
   A popular option where your practice owns the equipment from the start, and the loan is secured by the asset.
   

Key benefits:

• Fixed interest rates and repayment terms
  
• GST input tax credits (if registered for GST)
  
• Depreciation and interest expense claims (speak to your accountant)
  

2. 📝 Low Doc Medical Loans
   Ideal for newer practices or sole traders who may not have full financials available. Lenders may accept:
   

• BAS statements or bank records
  
• Accountant declarations
  

3. 🔄 Equipment Leasing or Hire Purchase
   Great for practices that want to regularly upgrade to the latest technology.
   

• Lease the equipment and return or buy at the end
  
• No upfront ownership, but less capital outlay
  
• Potentially off-balance-sheet financing
  

4. 🩺 Fit-Out and Practice Loans
   Designed to help finance the entire clinic setup—from flooring and cabinetry to signage and office equipment.
   

• Bundles multiple assets into one manageable loan
  
• Ideal for new practices, expansions, or relocations
  

What Lenders Consider for Approval

To apply for a medical or dental equipment loan, lenders typically look at:

📄 Business history and ABN registration
📄 Professional registration or qualifications (e.g., AHPRA)
📄 Financial statements or BAS for the past 6–12 months
📄 Equipment quote or invoice
📄 Business and personal credit history
📄 Existing liabilities or loans

For newly established practices, having a clear business plan and cash flow forecast can improve your approval chances.

Tips to Boost Approval:

✅ Maintain clean, up-to-date business records
✅ Have a deposit ready (not always required but helpful)
✅ Choose a well-known supplier or manufacturer
✅ Demonstrate how the equipment will boost practice income or efficiency

How Capital Plus Finance Can Help

At Capital Plus Finance, we understand the unique funding needs of medical and dental professionals. Whether you’re a GP, physio, or orthodontist, we’ll help you access tailored finance solutions that align with your goals and patient needs.

We can assist you with:

💼 Equipment loans for new or used medical and dental tools
💼 Low doc finance for solo practitioners or new clinics
💼 Fit-out and practice expansion funding
💼 Flexible loan terms structured around your cash flow
💼 Fast, stress-free application process

With access to over 40 lenders, we’ll help you find the most competitive rate and loan structure available—so you can focus on patient care, not paperwork.

👉 Ready to upgrade your practice? Talk to Capital Plus Finance today: https://capitalplusfinance.com.au/

About Capital Plus Finance

Capital Plus Finance is a Sydney-based broker helping healthcare professionals and small business owners across Australia access funding for vehicles, equipment, fit-outs and more. Whether you need a dental chair, diagnostic imaging tools or a complete clinic makeover, we’re here to help you grow with confidence.

Visit capitalplusfinance.com.au to learn more and apply today.