Lendus.

MRI Scanner Finance

Spread the cost of an MRI scanner from £120,000 to £450,000+ with flexible finance options. HP, lease, or refinance, compare rates from 40+ lenders.

Can you finance a mri scanner?

Yes, mri scanners are financed as a standard asset purchase, usually on hire purchase or a lease, with the machine itself acting as the security. UK prices typically run £120,000 to £450,000, and most deals are written over 12–72 months with a deposit of around 10–20%. Decisions typically take 24–48 hours. Used machines are financeable too, usually with a shorter term.

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

Typical Cost

£120k – £450k

Approval Speed

24–48 hours

Larger deals take one to three weeks

Rates From

5.4% APR

What would a mri scanner cost per month?

£220,000
10%
60 months
9%
£0

Your estimate

Indicative only. Not a quote and not an offer of finance.

Pre-filled with a typical mri scanner price. Indicative only, not a quote.

Compare mri scanner finance rates from 200+ lenders

Check Eligibility

Finance options

Hire Purchase (HP)

Rate
From 4.9% APR
Term
12–72 months
Deposit
10–20%
Ownership
Yours at the end
Best for
Imaging centres wanting to own the scanner outright

Finance Lease

Rate
From 4.5% APR
Term
12–72 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
Providers wanting the latest field strength without full ownership risk

Representative example

On a purchase price of £220,000: a 10% deposit of £22,000, then 48 monthly payments of £4,641 at 5.9% APR representative (fixed). Total amount payable £244,768, including the deposit. The rate you are offered depends on your business and the asset.

What buyers actually specify

Guide prices for sizing a finance agreement, not quotes. Manufacturers in this market mostly price on application, so where a current UK list price could not be confirmed the row describes a specification class rather than naming a model. Your supplier quote is what the agreement is written against.

Machine or specification Guide price Type
Refurbished 1.5T MRI system £120,000 – £250,000 1.5T MRI
New 1.5T MRI system £250,000 – £350,000 1.5T MRI
New 3.0T MRI system £350,000 – £450,000+ 3.0T MRI

Ready to compare mri scanner finance? 2 minutes, no credit check.

Check Eligibility

Tax benefits

Equipment used wholly for the business qualifies for the Annual Investment Allowance (AIA), letting you deduct the full cost from taxable profits in the year of purchase, up to the current £1,000,000 AIA limit. Hire purchase lets you claim capital allowances as you own the asset from day one. Finance lease and operating lease rentals are treated as a revenue expense and are usually fully deductible against profits, which is why many practices prefer leasing for equipment that needs replacing on a fixed cycle.

Market context

MRI scanners are financed by private diagnostic imaging centres, hospital groups and, increasingly, multi-site radiology providers, and represent one of the largest single equipment purchases a healthcare business will make. Refurbished 1.5T systems are a well-established and significantly lower-cost route into MRI, since manufacturer-certified refurbishers strip, rebuild and requalify the magnet and gradient systems before resale, and most lenders treat refurbished MRI as a distinct, if familiar, asset class with its own residual value assumptions. Because an MRI installation involves a shielded room, cryogen venting and often structural reinforcement, the equipment and the room fit-out are usually planned and quoted together even where financed as separate agreements.

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. Checking your options here does not affect your credit score, because we do not run a credit search to match you. A lender will run their own checks only if you decide to apply.

Compare rates from 200+ lenders, takes 2 minutes.

Check Eligibility

Frequently asked questions

Can a refurbished MRI scanner be financed the same as new?
Yes, though lenders typically apply different terms. Refurbished systems from manufacturer-certified refurbishers are routinely financed, usually over a shorter term reflecting the machine's age and remaining service life, and the refurbisher's certification and warranty are an important part of the lender's assessment. Lenders will usually ask for evidence of the refurbisher's certification and any warranty offered before approving, since this affects both the risk on the deal and the equipment's likely residual value over the finance term.
Does finance cover the shielded room and installation?
Not usually as a single line item. The scanner itself is the financed asset; site preparation, magnet room shielding, cryogen venting and structural work are typically quoted separately by the installer, though some lenders will structure a combined facility if the full project cost is agreed upfront. Lenders will want to see the practice's recent trading history and a supplier quote for the specific equipment before confirming terms, which is standard for this kind of asset finance regardless of the equipment category.
How long does approval take for an MRI purchase?
Given the size of the investment, MRI finance typically takes longer than smaller equipment, often one to three weeks, as the lender reviews trading history, projected scan volumes and, in many cases, requires personal guarantees or additional security. Having a recent set of accounts, a supplier quote and the full equipment specification ready at the point of application tends to speed the decision up, since most of the time in any application goes on the lender confirming trading history and affordability.
What deposit is typical for an MRI scanner?
Deposits for MRI finance are often higher than for smaller equipment given the deal size, commonly in the region of 10–20% for hire purchase, though this varies significantly by lender, the buyer's trading history and whether the scanner is new or refurbished. Putting down more than the minimum deposit lowers the monthly repayment and can support a better headline rate, which is worth weighing against keeping cash in the business for working capital instead.
Do I need CQC registration before financing an MRI scanner?
Most lenders will want to see evidence that the provider is registered with, or has an active application to, the relevant healthcare regulator for the diagnostic imaging service the scanner will support, since this underpins the projected income the finance is being assessed against. This is separate from the finance process itself, which is a straightforward commercial assessment of the business's ability to repay; the compliance and registration side sits with the practice, the supplier and the relevant regulator or local authority.

Related equipment finance

More healthcare finance

See how lenders treat healthcare assets

Guides and resources

Ready to finance your mri scanner?

Compare rates from 200+ lenders. No credit check.

Check Eligibility →
Check Eligibility, 2 min, no credit check