Should your medical practice lease or buy equipment? Well, the answer to that question will ultimately depend upon your practice's situation. Leasing surgical products can be a great option for you practice, especially if your practice has limited capital. It is an even better option for practices that feature surgical technology that needs to be upgraded every few years.
Each medical practice is unique, however, and the decision to lease your products or buy your products must be made on a case by case basis. Though, here are some reasons why you should really consider leasing:
FIRST REASON - The initial expense is minimal. The main advantage of leasing surgical products is that it allows for you to acquire the technology you need with less initial expenditures. Leasing equipment rarely requires you to pay a down payment, so you can get the surgical equipment you need without really affecting your flow of cash.
SECOND REASON - Leasing is tax deductible. With lease payments, you can actually deduct them as a business expense on your tax return, which will essentially reduce the net cost of your lease.
THIRD REASON - The financing terms are flexible. Obtaining a lease is typically a lot easier than obtaining a loan for buying the surgical products that you need. This is very important, especially if you have bad credit, or if you need to negotiate a longer payment period to help lower your business costs.
FOURTH REASON - Upgrading your equipment is a lot easier. When you lease your surgical products, you no longer have to worry about your products becoming obsolete, especially since technology is literally growing and improving each and every single day.
As a business owner, you should always be looking toward your business' future. When you decide to invest in surgical products leasing, you will not only be preserving capital, but you will also be giving yourself a lot of flexibility in the future. Running a medical office requires you to adapt to the times, and by leasing, you will always be able to quickly adapt to the modern technology that is being developed, meaning that your patients will always be in the best care.
Now that you fully understand the leasing benefits, you should also understand how easy the set-up process really is. If you decide to invest in surgical products financing with a company such as LeaseQ, the set-up process can take minutes, meaning that you will have more time to worry about the other important objectives of your business, such as marketing and communication. If you are ready to begin leasing, call LeaseQ today and get all of the surgical technology that you need and so much more and a quote that will fit any budget.
For more information regarding the leasing and financing process for surgical products, click here for a free quote.