Everyone loves discounted products; the same is true for medical equipment. For medical facilities, high quality surplus lab equipment and materials are always welcome treats. Although, surplus laboratory equipment may have a shorter lifespan as compared to the new ones, it functions just the same. If you are a bit hesitant to try their services, you need to remember that these businesses rely heavily on the recommendation and feedback of their clients. Thus, they always ensure that their items are functional and would last for a while.

The Truth Behind Why Many Medical Facilities Finance Surplus Lab Equipment

At the mention of the term surplus, you might instinctively think of second usable products. However this notion may be true, but it is not the only definition of surplus products. There are times that a medical equipment sold in surplus shop has never been used before for many reasons. This means that when you get a laboratory equipment from a surplus shop, you might end up getting a good bargain. Though, these things might happen, it is still not advisable to cash purchase surplus lab equipment. Rather, hospitals and clinics should opt for leasing. There are many reasons why this option is the best one.

The Advantage of Surplus Lab Equipment Leasing

A leasing contract is the same as a renting contract, in the sense that hospitals are given temporary ownership over the product. This is the only thing where these two contracts are the same. Unlike a renting contract - which will only last for at the most 2 months - a leasing contract can last up to 5 years or more with a minimum period of either 6 or 12 months. Leasing fee will also be the same during the whole contract period, which helps in keeping the monthly costs low and consistent. This type of contract also has additional services like repair and maintenance. If you accidently render your leased lab equipment useless then you doesn’t need to worry since the leasing company will replace it for free. Aside from these things, you can return the equipment at the end of the lease or make a final payment such as a $1 buyout at the end of the lease. That means if you luckily get one of those surplus equipment - that may actually be brand new - you can choose to own it at the end of the contract. If you want to upgrade to a better unit, you can do that as well without worrying about storage space and tax. These are the reasons why investing on surplus lab equipment leasing is the best choice.

Surplus Lab Equipment Financing For Wider Choice

If you want to increase your budget for your lab equipment, it is better to ask for a lending company's help. You can start asking your dealer to recommend dealers in that niche or going to LeaseQ and getting a free instant quote. LeaseQ actually provides free and fast services. They can even find the equipment lease that's right for you.

To see if you qualify for of surplus lab equipment leasing, click here for a free quote.