Medical Equipment Finance

Medical Equipment Finance

Medical Equipment Finance is a specialized funding solution designed to help hospitals, diagnostic centers, and healthcare professionals acquire advanced medical technology without financial strain. Whether it’s diagnostic devices, surgical tools, imaging machines, or life-saving equipment, this funding ensures better patient care and healthcare infrastructure growth.

With quick approvals, flexible EMIs, and tailored repayment plans, Relook Medical Equipment Finance supports doctors, clinics, and hospitals in upgrading healthcare facilities. From installing advanced diagnostic systems to modernizing operation theatres, we provide financial strength for efficiency and innovation.

Investing in the right equipment at the right time boosts treatment quality, enhances patient trust, and ensures long-term sustainability. Our Medical Equipment Finance solutions make acquiring expensive healthcare machinery affordable and hassle-free.

0.50% to 2% of Loan Amount

Loan Processing Fees

Nil

Loan Cancellation

As per actual

Legal Fees

Nil to 4% (According to bank / NBFC)

Foreclosure

Features and Benefits of Medical Equipment Finance

  1. Wide Usage:
    1. Finance available for diagnostic devices, surgical tools, imaging machines (CT, MRI, X-Ray, Ultrasound), ICU equipment, and hospital infrastructure.
  2. Affordable EMIs:
    1. Customized repayment plans aligned with hospital/clinic cash flow.
  3. Flexible Tenure:
    1. Choose repayment tenure ranging from 1 to 10 years depending on equipment type and cost.
  4. Quick Disbursal:
    1. Fast processing with minimal documentation for urgent medical needs.
  5. High Loan Amounts:
    1. Funding available for high-value medical equipment and hospital technology upgrades.
  6. Upgrade to Latest Technology:
    1. Stay competitive by financing the latest medical equipment without financial burden.

Eligibility Criteria for Medical Equipment Finance

At Relook Leasing & Finance Pvt. Ltd., we provide customized solutions for healthcare professionals and institutions. Here’s what you need to qualify:

Applicant Type:

Hospitals, clinics, diagnostic centers, nursing homes, and self-employed healthcare professionals are eligible.

Experience:

Minimum 1–2 years of practice or healthcare service experience.

Income:

Stable financial history and adequate repayment capacity.

Credit Score:

A score of 675+ is recommended. Better scores ensure faster approval and favorable terms.

Equipment Details:

Quotation, invoice, or purchase order of the medical equipment to be financed.

Documents Required for Medical Equipment Finance

Please keep the following documents ready to apply for Medical Equipment Finance with Relook Leasing & Finance Pvt. Ltd.:

  • Proof of Identity
    • Aadhaar Card / PAN Card / Passport / Voter ID / Driving License
  • Proof of Address
    • Utility Bills / Aadhaar Card / Registered Lease Agreement
  • Entity/Practice Proof
    • Hospital/Clinic Registration Certificate / GST Registration
    • Valid Medical Practice License (as applicable)
  • Financial Documents
    • Last 2–3 years’ financial statements
    • Latest 12 months’ bank statements
    • ITR (if applicable)
  • Equipment Documents
    • Quotation, Invoice, or Purchase Order of Medical Equipment
  • Other Documents
    • PAN Card of promoters/doctors
    • Recent passport-size photographs
    • Signature verification proof

Frequently Asked Questions – Medical Equipment Finance

Medical Equipment Finance is a loan facility to purchase or upgrade healthcare equipment like CT scanners, MRI machines, diagnostic systems, and surgical tools without heavy upfront investment.

Hospitals, diagnostic centers, clinics, nursing homes, and self-employed doctors can apply for Medical Equipment Finance.

You can finance diagnostic machinery (CT, MRI, Ultrasound, X-Ray), surgical instruments, ICU setups, laboratory equipment, and other healthcare devices.

Relook offers flexible repayment options ranging from 1 to 10 years, depending on the cost and nature of the medical equipment.

Key documents include KYC, hospital/clinic registration, financial records, medical equipment invoice/quotation, and other basic proofs.

Yes, new clinics or hospitals can apply if they meet minimum eligibility and provide required project and equipment details.

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