Get Medical Equipment Financing at Competitive Rates
Modernize healthcare facilities, buy new equipment, or invest in better medical tools. Inquire about our medical device financing today!
Modernize healthcare facilities, buy new equipment, or invest in better medical tools.
Inquire about our medical device financing today!


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6%
Rate as low as
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10 years
Max Term
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$500,000
Max Amount
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48 hrs
Max time to Fund
No healthcare provider should skimp on their patient’s care.
Time to invest in better medical devices.

Providing the highest quality care for patients can be challenging when your facility lacks the necessary medical devices. When you need funds to upgrade, replace, or purchase new equipment, getting medical equipment financing at 1West can significantly enhance your ability to provide the right interventions for those who need them most.
What is medical equipment financing?
Medical equipment financing allows healthcare facilities to obtain necessary medical devices and technology by spreading the cost over time, rather than making a large one-time payment. This helps maintain cash flow and working capital for other operational needs.
Where can you use financing for medical equipment?
1. Upgrading Existing Equipment
Enhance the capabilities of your current medical devices to improve diagnostic accuracy and treatment efficiency.
2. Replacing Outdated Devices
Swap out old, inefficient equipment with new, state-of-the-art alternatives that offer better performance, reliability, and patient outcomes.
3. Expanding Service Offerings
Invest in new medical equipment to expand the range of services your facility can provide, attracting more patients and increasing revenue streams.
4. Meeting Regulatory Requirements
Ensure compliance with the latest healthcare regulations and standards by financing necessary equipment upgrades and replacements.
5. Improving Patient Care
Acquire advanced medical devices that enable more precise diagnoses and effective treatments.
6. Supporting Facility Expansion
Equip new or expanded facilities with the necessary medical devices to provide comprehensive care and meet the growing needs of your patient population.
7. Managing Cash Flow
Spread the cost of expensive medical equipment over time, preserving your working capital for other critical expenses such as payroll, utilities, and supplies.
How would I know if I need funds for my healthcare business?
Here’s how to know if your healthcare facility could use medical device financing:
- Your medical equipment is outdated and impacting patient care
- You are unable to offer new services due to lack of necessary equipment
- Your facility is expanding, and you need additional equipment
- You are facing regulatory compliance issues due to outdated technology
- Your cash flow is strained, making large equipment purchases difficult
- Your patient volume is increasing, requiring more efficient equipment
- You need to replace frequently malfunctioning or broken equipment
If any of these signs apply to you, there’s no better time to get more capital than now.
When you need to deliver better patient care, 1West got you.
Our team at 1West is committed to helping healthcare providers get access to capital through medical equipment financing. With our support, you can focus on what matters most—providing exceptional care to your patients.
How to apply for medical equipment financing at 1West
Step 1: Apply at http://apply.1west.com/
Fill out our simple online application form in just 2 minutes to get started.
Step 2: Wait for our team to contact you
Our dedicated team will quickly review your application and reach out to discuss the next steps.
Step 3: Get the funds for your business
Once approved, receive the funds you need to bridge your financial gaps and grow your business.
Get financing for medical equipment. Here are the requirements:
- 3 most recent business bank statements
- Completed application
- Government-issued ID
Minimum Qualifications
- 650 minimum FICO credit score
- At least 1 year in business
- $10,000 min. gross monthly sales
Why Choose 1West?
At 1West, our goal is to give you quick access to capital so you can deliver better healthcare to patients faster.
Here’s why you should choose 1West:
- Quick and Easy Application: Our efficient application process allows healthcare professionals to apply in just 2 minutes, with swift approvals for those who qualify.
- High Approval Success: With a 93% approval rate, we are dedicated to helping medical professionals secure the financing they need, even if traditional lenders have turned them away.
- Flexible and Competitive Terms: We provide competitive interest rates and adaptable loan terms tailored to your specific needs, so you can manage your finances smoothly.
- Personalized Expert Support: Our team of financing specialists offers personalized assistance and guidance throughout the entire process—from application to repayment.
- Transparent and Customer-Focused: At 1West, we prioritize your practice’s success with a straightforward, transparent approach – no hidden fees or surprises.
Let’s get down to small business.
There’s the 1West way to get smart financing fast — and there’s everything else. We believe in your small business and we believe in our approach. No nonsense. No surprises. Just expert guidance from start to finish.
FAQS ( Frequently Asked Questions)
What are the benefits of medical equipment finance?
Medical equipment financing enables the preservation of working capital, which allows healthcare facilities to allocate funds to other critical areas. It also enables access to the latest technology, ensuring that healthcare providers can stay competitive and provide high-quality care for patients.
What is an example of equipment financing?
An example of equipment financing is a healthcare provider obtaining a loan to purchase a new medical imaging machine. This financing option allows businesses to acquire essential medical equipment without the need for large upfront payments.
How do you finance capital equipment?
Capital equipment can be financed through various methods, including obtaining medical equipment financing from 1West, leasing equipment directly from vendors, or securing Small Business Administration (SBA) loans.
What credit score is needed for equipment financing?
Most lenders require a minimum credit score of 600 for equipment financing. However, some lenders may accept lower credit scores, sometimes as low as 500, especially if the loan is backed by collateral. The specific credit score requirement can vary depending on the lender and the type of equipment being financed.