Asset · Equipment Finance

Medical equipment
finance for Australian
practices

Fast, flexible finance for imaging systems, clinical equipment, surgical suites, and everything a modern medical practice depends on. We compare 50+ lenders including specialist healthcare funders.

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No deposit options available
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50+ lenders compared in one application
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Specialist healthcare lenders on panel
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Australian team

At EasyAsset, medical equipment finance is one of our core healthcare specialisations. Whether you are financing a digital X-ray or ultrasound system, surgical table, patient monitoring equipment, physiotherapy or rehabilitation unit, or a high-value imaging system like a CT scanner or MRI, we work with specialist healthcare lenders who understand how medical practices operate and earn. We help GPs, specialists, allied health practitioners, and day surgeries navigate chattel mortgages, finance leases, low-doc healthcare loans, and multi-equipment facilities every day. If it is in your clinical environment and your patients depend on it, we can finance it.

Finance options

Which finance structure suits your practice?

The right structure depends on your practice type, GST position, whether you want to own the equipment outright, and whether you are financing clinical equipment or high-value imaging systems.

Chattel mortgageMost popular

You own the equipment from day one. Claim depreciation and interest as tax deductions. Best for GST-registered practices using equipment primarily for business purposes. The most common structure for established medical practices.

Finance lease

Lender owns it, you use it. Fixed lease payments, fully deductible as expenses. Well suited to medical technology that evolves quickly, as you can upgrade to newer equipment at end of term.

Commercial hire purchase

Hire now, own at the end. Fixed repayments over the term, ownership transfers on final payment. Interest is deductible. A solid middle ground for established practices that want predictable payments and eventual ownership.

Medical imaging facility

Specialist finance for high-value imaging assets. CT scanners, MRI machines, and digital X-ray systems require specialist healthcare lenders who understand imaging revenue models, Medicare billing, and the specific depreciation profile of radiology assets.

Low-doc healthcare loan

No full financials required. For new practices or recent medical graduates. Specialist healthcare lenders assess applications using Medicare provider status, signed lease, practice business plan, and employment income history as a registrar or employee doctor.

Sale and leaseback

Already own your equipment? Free up cash. Sell existing medical equipment to a lender and lease it straight back, unlocking working capital for practice growth without disrupting clinical operations.

Typical scenarios

3 typical medical equipment finance scenarios

From a single clinical piece for a GP to a full imaging system for a specialist practice, here is how the numbers typically look.

Clinical equipment
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$55,000
Patient monitoring system plus examination furniture, new
TypeChattel mortgage
Term5 years
Rate (est.)7.9% p.a.
DepositNone required
Approval pathFull or low doc
Estimated monthly repayment
~$1,115
approximately $257 per week
GP practice, single or multi-doctor
Equipment bundle financed together. Quick approval, no disruption to practice cash flow.
Diagnostic imaging
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$280,000
Digital X-ray and ultrasound system, new
TypeFinance lease
Term5 years
Rate (est.)7.9% p.a.
DepositNone required
Approval pathFull doc
Estimated monthly repayment
~$5,690
approximately $1,313 per week
Specialist clinic or diagnostic centre
Lease payments fully deductible. Option to upgrade imaging technology at end of term without owning an ageing asset.
Advanced imaging
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$950,000
CT scanner, new, including installation and commissioning
TypeImaging facility
Term7 years
Rate (est.)7.5% p.a.
Deposit10%
Approval pathFull doc
Estimated monthly repayment
~$13,300
approximately $3,069 per week
Radiology practice or day surgery
Specialist imaging facility covers equipment, installation, and commissioning costs. Assessed against Medicare revenue projections.

Indicative repayments only. Actual rates depend on your profile, lender, and product. Speak to our team for a tailored quote.

Repayment calculator

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Adjust the sliders to estimate your repayments. Speak with our team for an exact quote based on your profile.

Loan amount $150,000
Loan term 5 years
Interest rate 7.9% p.a.
Repayment frequency
Estimated repayment
$3,034
per month
Loan amount$150,000
Total interest$32,057
Total repayable$182,057
Number of repayments60
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Indicative only. Actual repayments vary based on lender, credit profile, and fees.
Structure recommender

Not sure which structure is right for your practice?

Answer 4 quick questions and our recommender will suggest the best medical equipment finance structure for your situation, instantly.

Find your ideal medical finance structure

4 questions · Takes about 30 seconds · Instant recommendation

Question 1 of 4

Is your medical practice registered for GST?

Imaging vs clinical

Imaging equipment finance versus everyday clinical equipment

High-value imaging systems and everyday clinical equipment sit in very different lender categories. Understanding which applies to you determines which finance pathway is available and at what rates.

Imaging equipment
Clinical equipment
Imaging equipmentSpecialist lenders
CT, MRI, X-ray, ultrasound, nuclear medicineHigh-value imaging assets require lenders who understand radiology revenue, Medicare billing models, and the specific useful life and depreciation of imaging equipment. Not all equipment lenders will finance these.
Revenue assessment is differentImaging equipment is assessed against the revenue it generates through Medicare rebates and patient billing. A CT scanner at $950,000 is assessed differently to general equipment of the same value because its revenue-generating capacity is well understood by specialist lenders.
Installation and commissioning can be includedThe cost of installation, room shielding, and technical commissioning for imaging equipment can often be included in the finance facility.
Longer terms reflect asset lifeImaging equipment has a longer useful clinical life than many other medical assets. Finance terms of 7 to 10 years are available through specialist healthcare lenders for major imaging installations.
Clinical equipmentBroader lenders
Examination chairs, monitors, physiotherapy, sterilisationEveryday clinical equipment at lower price points is financed by a much broader range of lenders. Competition is greater and approval is typically faster for equipment under $150,000.
Chattel mortgage is the standard structureFor clinical equipment a practice will own and use for 5 to 10 years, chattel mortgage gives you ownership from day one with full depreciation and interest deductions. Most cost-effective structure for GST-registered practices.
Multi-piece bundles are straightforwardFinancing multiple clinical items across examination rooms, monitoring stations, or physiotherapy bays can be bundled into one facility. One application, one repayment, one settlement date.
Faster approval and settlementClinical equipment under $150,000 with a strong practice history can often be approved and settled within 24 to 48 hours of application.
Tax benefits

Tax benefits of financing medical equipment in Australia

Structured correctly, medical equipment finance is highly tax-effective for Australian healthcare practices. GST treatment depends on your billing mix between taxable and GST-exempt medical services.

01
Interest deductions on chattel mortgage
The interest component of chattel mortgage repayments is deductible as a business expense across the full loan term, reducing taxable practice income. For practices with high revenue, this deduction combined with depreciation substantially reduces the real cost of the equipment.
02
Depreciation and instant asset write-off
As the owner of the equipment under a chattel mortgage, your practice claims annual depreciation. Under temporary full expensing rules, eligible businesses may write off the full cost of new medical equipment in the year of purchase. For high-value imaging equipment this can be a very significant tax event.
03
GST input tax credit and mixed billing
Practices that bulk bill exclusively cannot claim GST input tax credits as their services are GST-exempt. Mixed-billing practices can claim a partial GST credit proportional to their taxable revenue. Your accountant should calculate your creditable purpose percentage before you settle the finance.
04
Finance lease payments fully deductible
Under a finance lease, the full lease payment is typically deductible as a business expense. This suits practices in high-revenue periods where maximising deductions is a priority, or where equipment technology evolves quickly enough that ownership is less desirable than leasing.
05
Capital works deductions for installation
For imaging equipment requiring significant room preparation or construction such as shielded X-ray rooms or MRI suites, the construction cost component may qualify for capital works deductions under Division 43, separate from equipment depreciation.
Eligibility

Who qualifies for medical equipment finance in Australia?

Medical equipment finance is accessible to GPs, specialists, allied health practitioners, day surgeries, and diagnostic facilities. The pathway differs slightly depending on practice structure and specialisation.

New graduates and practice startups
Specialist healthcare lenders understand the medical graduate pathway. Income history as a registrar or employed doctor, a Medicare provider number, signed practice lease, and a basic business plan can be sufficient for a first equipment facility.
ABN & GST registration
An active ABN is the baseline. GST registration is typically needed for practices billing over the GST threshold. Some medical services are GST-exempt (bulk billing), which affects how the GST input tax credit applies.
Established practices and corporate groups
Practices with 12 or more months of trading history, multi-location groups, and corporate medical entities have access to the full range of lenders and structures. Strong Medicare billing history is a particularly positive indicator.
Low-doc pathways for healthcare professionals
No up-to-date financials? Healthcare-specialist lenders accept bank statements, BAS, and Medicare billing history as evidence of practice income. They understand the income cycle of medical practices in ways that general equipment lenders do not.
Allied health and specialist practices
Physiotherapists, radiologists, cardiologists, oncologists, and other specialists all qualify under healthcare equipment finance. Specialist lenders assess equipment value relative to the revenue it generates.
No property security required
Medical equipment finance is asset-secured in most structures. The equipment itself is the collateral, so you do not need to put your home or practice premises on the line.
How it works

Pre-approved in 4 simple steps

1

Submit your details

Fill in the quick form above. No credit check, no commitment. Tell us what equipment you need and your practice type. Takes about 2 minutes.

2

We match you to lenders

A specialist matches you to healthcare-focused lenders from our panel of 50+ based on your practice profile, equipment type, and whether you need a specialist imaging lender or broader clinical equipment funder.

3

Get pre-approved

Pre-approval in as little as 24 hours, so you can confirm your order with your equipment supplier or manufacturer.

4

Settle and treat patients

We handle the paperwork. Funds go to your supplier and your practice gets the equipment it needs without the cash flow impact of an outright purchase.

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No credit check · Takes 2 minutes · Pre-approval in 24 hours
FAQ

Medical equipment finance FAQ

What medical equipment can EasyAsset finance?+
We finance a wide range of medical equipment including MRI machines, CT scanners, X-ray and fluoroscopy systems, ultrasound machines, surgical tables and lighting, patient monitors, ECG and cardiology equipment, physiotherapy and rehabilitation equipment, pathology analysers, sterilisation equipment, and examination furniture. Both single pieces and multi-equipment facilities for medical practices and day surgeries.
Can I finance imaging equipment like CT scanners or MRI machines?+
Yes. High-value imaging equipment can be financed but requires specialist lenders who understand the asset class and its Medicare revenue model. EasyAsset works with lenders who have specific medical imaging finance programs and can include installation and commissioning costs in the facility.
Can a new medical practice or recent graduate get equipment finance?+
Yes. Specialist healthcare lenders assess new medical practice applications considering income history as an employee doctor or registrar, Medicare provider number status, and a signed lease on premises. Many lenders offer specific pathways for GP practice startups and specialist rooms.
How does GST work for medical equipment if I bulk bill?+
Practices that bulk bill exclusively cannot claim the full GST input tax credit as their services are GST-exempt. Mixed-billing practices can claim a partial credit proportional to their taxable revenue. Your accountant should calculate your creditable purpose percentage before settling the finance.
Do I need a deposit for medical equipment finance?+
No deposit is required for many applicants, particularly established practices with trading history. For larger imaging equipment or new practice setups, some lenders may require a deposit. Our team structures deals to minimise upfront costs wherever possible.
Why do medical professionals choose EasyAsset for equipment finance?+
We specialise in healthcare equipment finance, comparing 50+ lenders in a single application including specialist healthcare and imaging lenders not available on standard comparison sites. We understand medical practice income patterns, Medicare billing, and the GST complexity of mixed-billing practices.
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