Medical equipment finance lets Australian practices spread the cost of clinical and diagnostic equipment over its working life — instead of tying up cash or a bank overdraft in one purchase. Whether you’re a GP clinic, dental surgery, physio, allied-health practice or specialist, we arrange finance for the gear that earns you money. Built for tradies — but we finance practices and businesses of every kind.
The pitch is simple: fast approvals, less paperwork, and the finance package that fits your practice — not a one-size-fits-all product.
Who this is for
Medical and allied-health businesses buying or upgrading equipment — including GP and specialist clinics, dental and orthodontic practices, physiotherapy and chiropractic clinics, imaging and diagnostics, optometry, veterinary, and cosmetic/skin clinics. If you hold an ABN, we can usually help — including newer practices and self-employed practitioners through low-doc options.
What you can finance
Most income-producing clinical equipment qualifies: diagnostic imaging (ultrasound, X-ray, OPG), dental chairs and CAD/CAM units, sterilisers and autoclaves, patient monitors, lasers and IPL, examination and treatment tables, lab and pathology equipment, and the fit-out and IT that goes with it.
Finance structures for medical equipment
| Structure | How it works | Often suits |
|---|---|---|
| Chattel mortgage | You own the equipment from day one; the lender takes security over it. Potential GST and depreciation benefits. | Practices wanting ownership + tax treatment (speak to your accountant). |
| Commercial hire purchase (CHP) | The lender buys the asset and hires it to you; ownership transfers after the final payment. | Businesses preferring a hire structure. |
| Finance lease / rental | Use the equipment for a fixed term with a residual or return option — keeps it off the balance sheet. | Fast-moving tech you may want to upgrade. |
| Low-doc | Streamlined approval with reduced financials for established ABN holders. | Newer or self-employed practices. |
Worked example
A dental practice finances a $90,000 chair-and-imaging upgrade over 5 years on a chattel mortgage with a modest balloon. Structuring it as finance keeps working capital free for staff, consumables and rent, and spreads the cost across the years the equipment is generating revenue. Repayments, rate and balloon depend on the lender, the asset and your practice profile — we’ll show you real numbers before you commit. (Indicative only, not a quote; business lending, subject to change and approval.)
What shapes your approval and rate
Time trading and ABN/GST registration, the equipment type and its resale value, deposit or trade-in, your practice’s financial position, and whether you go full-doc or low-doc. Established practices with strong equipment security typically see the sharpest terms from our lender panel.
Why Tradie Finance
We work a real panel of bank and non-bank lenders to find the best-fit package for your practice — not just whatever one bank offers. Fast approvals, less paperwork, and a broker who structures it around your cash flow. Apply now or run the numbers with our equipment finance calculator.
Related finance
Medical equipment finance sits within our broader asset finance and equipment finance range. You may also want to compare a chattel mortgage, look at commercial hire purchase, explore low-doc loans for newer practices, or read about ABN car finance for practice vehicles. See all business finance options.
More medical equipment finance questions
Can I finance medical equipment with a new practice?
Often yes. Established ABN holders can use full-doc finance; newer or self-employed practices may qualify through low-doc options where the equipment provides strong security. Talk to us about your situation.
Can I finance used or refurbished medical equipment?
Yes — many lenders finance quality used and refurbished clinical equipment, subject to age, condition and resale value. Terms may differ from new.
Are there tax benefits to financing medical equipment?
Depending on the structure (e.g. chattel mortgage), there can be GST and depreciation considerations. This is general information only — confirm the treatment for your practice with your accountant.
Do I need a deposit?
Not always. Many medical equipment facilities can be arranged with no deposit where the asset and practice profile support it; a deposit or trade-in can improve your terms.
How fast can it be approved?
Low-doc and well-documented applications can move quickly. Get started with a quick application and we’ll come back with real options.
Written and reviewed by the Finance Director at Tradie Finance.
This article is general information only and does not constitute credit or financial advice. Tradie Finance operates under Australian Credit Licence 506065 (Five Tees Pty Ltd). Lending is subject to approval, lending criteria, terms, conditions and fees.