Dental Equipment Financing

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Why Lease Dental Equipment?

The dental industry evolves quickly. New imaging technology, improved sterilization standards, and patient expectations for comfort mean clinics must regularly update their equipment. Paying cash for every upgrade ties up financial resources that could support other areas of your business operations.

Leasing offers a different approach to managing your practice finances:

• Preserve your bank credit line: A lease does not affect your borrowing capacity with financial institutions, leaving room for other commercial projects like real estate or practice acquisition
• Tax efficiency: Monthly lease expenses can often be deducted as operating costs, which may lower your taxable income and reduce your tax burden
• Stay current with technology: At the end of your contract term, upgrade to newer models instead of holding onto aging material
• Budget predictability: Fixed monthly amounts make it easier to forecast expenses and manage cash flow throughout the year
• Acquire more, sooner: Instead of saving for one major purchase, finance multiple items and equip your operatories faster

Curious about lease structures? Explore operating vs. finance leases to see which fits your clinic. You can also read our complete guide on Medical and Dental Equipment Leasing for more insights.

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How Does the Financing Process Work?

Securing funding for dental equipment through Fincap follows a simple path:

1. Identify your needs: Whether you are upgrading a single operatory or outfitting an entire clinic, start by selecting the products and supplier that fit your clinical requirements.
2. Apply online: Our application form asks for basic information about your dental practice, the equipment, and the estimated cost. Most applicants finish in under five minutes. The process is free with no obligation.
3. Receive your approval: Our team reviews your credit profile and business conditions, then responds within 24 to 48 hours with available financing options and interest rates.
4. Get equipped: Once you accept an offer and sign the contract, funds are released directly to your vendor. Your equipment ships, and your lease or loan begins.

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‍What Types of Dental Equipment Can Be Financed?

Fincap provides financing solutions for virtually any dental technology, tools, or clinical supplies. Common examples include:

• Operatory chairs and delivery units
• Digital sensors and panoramic X-ray machines
• Cone beam CT scanners
• Intraoral cameras and scanners
• Autoclaves and sterilization systems
• CAD/CAM milling units for same-day restorations
• Dental lasers for various procedures
• Laboratory equipment for in-house prosthetics
• Air compressors and vacuum systems
• Computer hardware, software, and practice management technology
• Patient comfort products and office material

From solo practitioners to multi-location dental groups, we help clinics of all sizes access the technology services they need to provide quality care.

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Typical Terms and Conditions

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Why Work With Fincap for Your Dental Equipment ?

Fincap operates as an independent commercial finance broker with deep experience in healthcare equipment. We are not tied to a single bank or lender, which means we review your file across more than 30 financial institutions to secure terms that actually fit your business situation.

• Industry knowledge: Our team understands the economics of dental practices, from patient volume cycles to the lifespan of clinical technology
• Wide lender network: Access to banks, credit unions, and specialized asset financiers across Canada offering competitive interest rates
• Speed: Most files receive a decision within two business days after you apply
• Flexible structures: Options include $1 buyouts, fair market value purchases, and seasonal payment adjustments
• Personal service: Whether you are launching a new clinic or refinancing existing assets, a dedicated advisor will manage your file from application to funding
• No hidden fees: Transparent conditions with clear contract terms from the start

Contact our team today to discuss your financing needs.

Frequently Asked Questions

1. What credit score do I need to qualify?

We do not impose a strict minimum. Our lender network includes options for practices with strong credit as well as those rebuilding after financial challenges. Submit your application and we will review your complete profile.

2. Can I finance used dental equipment?

Absolutely. Used dental chairs, refurbished imaging systems, and certified pre-owned technology all qualify for financing, provided they meet basic condition standards.

3. Are lease expenses tax deductible?

In many cases, lease costs qualify as deductible business expenses in Canada. Consult your accountant or tax professional to understand how this applies to your personal tax situation.

4. Do you provide financing for new dental practices?

Yes. Fincap regularly helps dentists opening their first practice secure equipment loans. Approval depends on your business plan, personal credit history, and the equipment involved.

5. How fast can I receive funding?

After approval, funds typically reach your supplier within a few business days. Many clients have their equipment installed within two weeks of submitting their application.

6. Should I lease or buy my dental equipment?

It depends on your financial goals. Leasing preserves cash and offers flexibility to upgrade, while purchasing through a loan builds equity in your assets. Our team can review both scenarios to determine what makes sense for your practice management strategy.

7. What interest rates can I expect?

Rates vary based on your credit profile, the equipment value, and the loan term. Because we work with over 30 lenders, we can often find competitive rates even for applicants who have been declined elsewhere.

8. Is there insurance available for financed equipment?

Many leasing contracts include or offer optional insurance products to protect your investment. Ask your Fincap advisor about coverage options when you apply.

9. Are there flexible repayment plans available?

Yes. We offer various repayment structures designed to match your practice's cash flow. Options include monthly or quarterly schedules, with terms ranging from 24 to 84 months. Some lenders in our network also provide seasonal adjustments or graduated plans where amounts start lower and increase as your revenue grows.