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Medical Equipment Financing

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Medical Equipment Financing

On June 25, 2016, Posted by , In Medical Practice, With 1 Comment

Generally speaking most medical equipment items are financeable.  Deciding whether you should do an outright purchase which accompanies first year write offs is a matter of discussion with your accountant.\n\nThere are definite advantages to considering this rather than stretching out the depreciation.\n\nIf you do decide to have a lease, viagra then your options for length of term can vary from 2 yrs to 7 yrs.  Some equipment outdates itself within 7 years; such as, laser equipment.  Others can last for a long time especially for example reupholstering dental chairs or exam table\n\nHave you decided whether you want to lease or buy the equipment?  This results in a major difference on depreciation immediately or stretched out over a couple of years.  Be sure to check with your accountant for his recommendation.\n\nThe rates will vary according to the term of the loan/lease. These can be very competitive and we are here to guide you to the best solution.  After 24 years in the medical industry, our expertise and guidance will prove to be invaluable.

One Comment so far:

  1. Marylada says:

    That’s a smart answer to a tricky quoitsen

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