Lendus.

Medical Equipment Finance

Spread the cost of medical equipment from £5,000 to £500,000+ with flexible finance options. HP, lease, or refinance — compare rates from 40+ lenders.

200+ UK lenders
2-minute application
No credit check to apply
FCA-regulated brokers

Typical Cost

£5k – £500k

Approval Speed

24–48 hours

Same-day for < £75k

Rates From

From 4.5% APR

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Finance options

Hire Purchase (HP)

Rate
From 4.9% APR
Term
12–84 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Private clinics wanting to own equipment outright

Finance Lease

Rate
From 4.5% APR
Term
12–84 months
Deposit
None required
Ownership
Return or buy (balloon payment)
Best for
Tax-efficient — claim 100% of payments against profit

Operating Lease

Rate
From 5.2% APR
Term
24–60 months
Deposit
None required
Ownership
Return at end
Best for
Always have latest medical technology. Off balance sheet.

Representative example

Borrow £60,000 over 48 months at 5.9% APR (fixed). Monthly repayment: ~£1,248. Total amount payable: ~£59,904. Rates depend on your circumstances.

Popular models

Model Price Range Type
GE Vivid S60N £40,000 – £80,000 Ultrasound Scanner
Siemens MOBILETT Elara Max £60,000 – £100,000 Mobile X-Ray
Mindray BeneVision N22 £8,000 – £15,000 Patient Monitor
Dräger Atlan A350 £30,000 – £50,000 Anaesthesia Workstation

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Tax benefits

Medical equipment qualifies for Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in year one — up to £1,000,000. HP allows capital allowances. Lease payments are fully deductible from profits.

Market context

The UK medical devices market is worth £12.6bn, the third largest in Europe. Private healthcare investment in the UK is growing at 7% annually. Over 8,000 private clinics and surgeries operate in the UK.

Bad credit?

Several of our 200+ lenders specialise in businesses with imperfect credit histories. You may need a larger deposit or personal guarantee, but options exist. Our eligibility check uses a soft search only — no impact on your credit score.

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Frequently asked questions

Can I finance used medical equipment?
Yes. Most lenders finance used medical equipment up to 7 years old, provided it meets current regulatory standards. Refurbished equipment from certified suppliers gets the best terms.
What deposit do I need?
For hire purchase, most lenders ask for 10–20% deposit. Finance leases and operating leases often require no deposit. Larger deposits reduce monthly payments.
How quickly can I get medical equipment finance?
Most applications are approved within 24–48 hours. For deals under £75k, same-day approval is common. Higher-value imaging equipment may take 5–7 working days.
Do I need to be CQC registered?
For clinical equipment, lenders typically want to see CQC registration or equivalent. Non-clinical medical equipment (e.g. admin systems) doesn't require this.

Guides and resources

Ready to finance your medical equipment?

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