MEDICAL EQUIPMENT ASSET FINANCE

Great Features

Capital medical assets eligible for financing include but are not limited to:

Radiology and diagnostic equipment (X-ray machines, CT scanners, MRI machines), Theatre equipment, General hospital equipment, Dental equipment, Optical equipment, ICU equipment, Renal equipment, Laboratory and IVD equipment, Research and medical testing equipment.

Benefits

• Financing available for both new and used medical equipment
• Up to 80% financing for new medical equipment
• Up to 70% financing for used equipment (asset age of maximum 7 years)
• Loan tenure of up to 60 months for new equipment and 48 months for used (refurbished) equipment.
• Flexible repayment terms aligned to the productivity of the equipment
• Self-securing (subject to credit assessment)
• Quick loan processing and disbursement
• Competitive pricing aligned to the CBR + applicable margin
• Equipment leasing options available through the bank’s leasing partner RentCo Africa Ltd for institutions that prefer leasing instead of traditional financing

Security

The primary security for the loan is the asset being financed. Additional collateral may be required depending on the credit assessment and risk evaluation.

Why You Should Sign Up for This Product

• Enables healthcare providers to acquire modern medical equipment without large upfront capital investment
• Supports expansion and modernization of healthcare facilities
• The products are tailored to support the specific needs of the business
• Competitive financing structures with flexible repayment terms
• Potential collateral exemptions for qualifying clients
• Access to negotiated insurance premiums, valuation services, and competitive legal fees
• Advisory and business development support from Equity Bank’s healthcare sector specialists