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Equipment finance

Medical equipment finance, compared.

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Quick answer

Medical equipment finance funds clinical and diagnostic equipment for NZ GP practices, specialist clinics, dental practices, physiotherapy, optometry, labs, veterinary practices and hospitals. Common assets include imaging (ultrasound, x-ray, CT), dental chairs and CBCT, sterilisation units, lab analysers, surgical equipment, defibrillators and physio equipment. Most medical equipment is funded as hire purchase, chattel mortgage or finance lease. Indicative rates from ~7.6% p.a. for prime borrowers with terms typically 36–60 months.

What we finance

  • Ultrasound, x-ray, CT, MRI
  • Dental chairs, CBCT scanners, intraoral scanners
  • Surgical and theatre equipment
  • Sterilisation and autoclaves
  • Lab analysers and pathology equipment
  • Physio, audiology and optometry equipment

At a glance

Typical structureHire purchase or chattel mortgage (claim depreciation + GST upfront); finance lease for some operators
Indicative rateFrom ~7.6% p.a. (prime borrower) — subject to credit
Typical term36–60 months
Typical max financeUp to 100% on new from a recognised supplier (established practice)

Indicative only. Actual offers depend on lender credit assessment, the asset, deposit and your business profile. All applications subject to lender credit approval.

Lenders we typically match

UDC Finance
Heartland Bank
Speirs Finance

Subject to each lender's credit assessment. Not all lenders quote on every enquiry.

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Related

Frequently asked questions

Yes — NZ specialist non-bank lenders (UDC, Heartland) regularly fund equipment for newly-established practices where directors are qualified practitioners with clear business plans. Approval may require director guarantees and forecasts.