Medical Imaging, X-ray, Ultrasound , New And Used, Machine, Equipment Financing And Leasing

Medical Imaging, X-Ray, Ultrasound, new and used, machinery, equipment financing is still on hand in today's current day’s financial markets. In this commentary, we are going to address selected application only programs that are obtainable up to $125,000 and complete documentation packages up to $250,000.

In at the moment’s market, many lenders have either run out of funds to lend or must liquidate their off lease inventories to generate working capital. In addition, some banks are no longer in business due to these strenuous economic times.
This economic crisis has affected everyone including banks and banks. The accessible programs described here contain you finding your own medical and hospital equipment and bringing it to a traditional bank for lending

The qualifications. for application only programs up to $125,000 are the following:

“A” Credit requires the following: Up to $125,000
• 5 years TIB time in business under current ownership
• 700+ credit score
”B” Credit requires the following: Up to $75,000
• 0-3+ years TIB time in business under existing ownership
• 650-700 credit score
The rates on A and B paper will be slightly different

Also, a filled out lease application dated and signed by the owners and summary page of the last three months business bank statements will get the lending process started.

A copy of an invoice, purchase order etc would be mandatory from the qualified dealer. In addition, additional information might be essential but this is taken on a case by case basis.

For lending up to $250,000, these are the following qualifications.:
• 5 years TIB time in business under current ownership
• Complete Financial Package is required will ALL applications • 675+ credit score
• Low 5 Average bank balance with no NSF’s or Overdrafts

Also, the details of this program is listed below if a Corporation of any kind

1. 2 current years corporate tax returns (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
2. Last 2 years profit & loss statements
3. Last 2 years evaluate sheets
4. Year to date profit & loss statements
5. Year to date balance sheets
6. 2 current years personal tax returns for ALL owners (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
7. Current signed and dated personal financing statements for ALL owners 8. COMPLETE application with ALL owners information and signatures

(if a Sole. Prop.)
1. 2 current years personal tax returns (COMPLETE WITH ALL SCHEDULES AND ATTACHMENTS)
2. Current signed and dated personal financing statements
3. Last 2 years profit & loss statements
4.. Last 2 years balance sheets
5. Year to date profit & loss statements
6. Year to date balance sheets
7. COMPLETE application with ALL owners information and signatures

Once again, a signed and dated lease application would be essential} to acquire the financing process started. A copy of an invoice, purchase order etc would be required from the qualified dealer. In addition, additional information be might be necessary but this is taken on a case by case basis.

This application only and full documentation program would apply to following types of healthcare professionals:

Cardiologists, Radiologists, Dentists, Urologists, Vets, Surgeons, Physical Therapists, Neurosurgeons, OB/Gyns, Oncologists, Physical Therapists, Plastic Surgeons, Oral Surgeons, Proctologists, Oral Surgeons, Family Doctors, All MD’s, Cardiovascular Surgeons, etc

Also, the types of medical and hospital equipment that would qualify under this application only and full documentation financing programs would be:

X Ray equipment, Bone Imaging, Cat Scans, Cardiac Monitors, MRI and Imaging equipment, Lasers and Monitors, Ultrasound equipment, Radiology equipment, Surgical tables and lights, anesthesia machines and vaporisers, microscopes, additional types of medical equipment etc

In these complex economic times, there is still conventional lending obtainable for the qualified applicant.

Happy hunting for your Medical Imaging, X-Ray, Ultrasound, machine, equipment acquisition and its associated lending..

By: J.M Casa

Article Directory: http://www.articledashboard.com

J.M Luna has thirty years experience in the financial industry. This includes accounting and taxes, leasing, hard asset money and commercial lending. U.S Corporate Capital Leasing Group assists the start up and seasoned business for financing in all different industries. www.cclgequipmentleasing.com/lease_medical.htm