As the owner of a busy medical clinic, you realize how important the equipment you have on hand is to patient care. You cannot afford for one of your machines to break down and have to be replaced. You also may not want to spend a lot of money buying brand new replacements. Rather than use the cash flow on hand for such purposes, you could get more for your money by leasing the equipment you need. An x ray rental could save you money as well as time and energy when it comes to operating a successful medical facility.
One of the main advantages that comes with leasing what you need is saving money. Leases typically cost less than it does buying new machinery outright. The lease payments are broken up into monthly installments that tend to be more affordable than paying out a lump sum of money upfront to a dealership.
Leasing also comes with a certain degree of flexibility in making payments. For example, when the first of the month is financially tight for you, you may want the leasing agency to take your payments during the middle of the month. This time each month might be better for you financially because you have more money left over after paying bills.
Another benefit that comes with this arrangement involves getting repairs covered at little to no cost. The cost of repairs is typically covered in the rent amount. For the price you pay, you get most or all of the repairs that need to be done on the machines. All you have to do is notify the company and send them in for repairs
Many commercial equipment leasing agencies also have the newest models on hand for your consideration. When the one you are leasing now starts to age or show signs of wear and tear, you can upgrade to a newer one typically at no additional obligation. If you buy machines, you may not have that flexibility because of their initial price you paid for them. You probably want to get your full return out of the investment first.
The fact that you do not own the equipment can also be a minor drawback, one that could impact you if you need to arrange for financing. Most businesses that own their equipment outright use that equipment as collateral on new loans or outside financing. You will not have this option if you ever need to apply for and get a loan.
Likewise, you cannot make changes or adjustments to its appearance or function. If you alter the machine in any way, you could be held liable for fixing it. The leasing agency may also take it back and refuse to rent to you again.
Still, the advantages could outweigh the drawbacks of investing in a rental for your medical clinic. Machinery like x rays come in handy for treating patients. You spare your cash flow and get the equipment needed to provide good patient care in a timely manner.
One of the main advantages that comes with leasing what you need is saving money. Leases typically cost less than it does buying new machinery outright. The lease payments are broken up into monthly installments that tend to be more affordable than paying out a lump sum of money upfront to a dealership.
Leasing also comes with a certain degree of flexibility in making payments. For example, when the first of the month is financially tight for you, you may want the leasing agency to take your payments during the middle of the month. This time each month might be better for you financially because you have more money left over after paying bills.
Another benefit that comes with this arrangement involves getting repairs covered at little to no cost. The cost of repairs is typically covered in the rent amount. For the price you pay, you get most or all of the repairs that need to be done on the machines. All you have to do is notify the company and send them in for repairs
Many commercial equipment leasing agencies also have the newest models on hand for your consideration. When the one you are leasing now starts to age or show signs of wear and tear, you can upgrade to a newer one typically at no additional obligation. If you buy machines, you may not have that flexibility because of their initial price you paid for them. You probably want to get your full return out of the investment first.
The fact that you do not own the equipment can also be a minor drawback, one that could impact you if you need to arrange for financing. Most businesses that own their equipment outright use that equipment as collateral on new loans or outside financing. You will not have this option if you ever need to apply for and get a loan.
Likewise, you cannot make changes or adjustments to its appearance or function. If you alter the machine in any way, you could be held liable for fixing it. The leasing agency may also take it back and refuse to rent to you again.
Still, the advantages could outweigh the drawbacks of investing in a rental for your medical clinic. Machinery like x rays come in handy for treating patients. You spare your cash flow and get the equipment needed to provide good patient care in a timely manner.
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