Medical equipment finance · Allied health
Medical equipment finance for allied health
Allied health finance is lending for physiotherapy, psychology, podiatry, chiropractic and similar practices, covering treatment equipment, clinic fit-outs, practice purchases and the working capital that carries a growing clinic.
How medical equipment finance works for allied health
Higher-value clinical devices — shockwave therapy units, class 4 lasers, computerised gait and pressure analysis, ultrasound — qualify for medical equipment pricing rather than general commercial rates, which typically means a longer term and a lower cost for a registered practitioner. Because these devices are bought to open a new revenue line, we match the term to how long that service realistically takes to establish, and check the payback against your own expected session volumes before recommending it.
The cash-flow pattern we plan around
Session-based income from a mix of private fees, health fund rebates and scheme or insurer payments, with new practitioners taking three to six months to reach a full book.
What allied health typically fund
- Treatment tables and rehabilitation equipment
- Clinic fit-out and additional treatment rooms
- Shockwave, laser and diagnostic devices
- Practice management software and telehealth systems
- Working capital while new practitioners build a book
Medical equipment finance for allied health: the numbers
| Typical amounts | $10,000 – $2,000,000 |
|---|---|
| Term | 12–84 months |
| Indicative rates | 6.6% – 13.5% p.a. |
| Repayments | Monthly |
| Speed | 24–72 hours for low-doc within practice limits |
| Documents allied health usually need | ABN and AHPRA or professional association registration · 6–12 months of bank statements or practice financials · Equipment or fit-out quote |
Rates are indicative, change without notice and depend on the lender, product, asset, term and your credit profile at the time of application. They are not an offer of finance. Comparison rates, where shown, are true only for the example given.
Key terms
Allied health practice finance
Allied health practice finance is lending to physiotherapy, psychology, podiatry, chiropractic, speech and occupational therapy practices, used for equipment, fit-outs, acquisitions and the working capital of adding practitioners.
Ramp-up funding
Ramp-up funding is working capital that covers the period between hiring a new practitioner or opening a new treatment room and that capacity generating enough billings to cover its own cost.
What is medical equipment finance?
Medical equipment finance is asset-backed lending used by healthcare practices to acquire clinical, diagnostic and treatment equipment. The equipment secures the facility, structured as a chattel mortgage, finance lease or operating lease over one to seven years.
Can a new practice finance equipment?
Often yes. Lenders weigh professional registration, specialty and employment history heavily for healthcare borrowers, so a newly established practice with a well-credentialled principal can access equipment finance that a comparable non-medical startup could not.
What is a deferred payment structure?
A deferred payment structure delays the first repayment for an agreed period, commonly three to six months, so repayments begin once the equipment is installed, commissioned and generating billings rather than at the point of order.
Questions from allied health
Can a physio, psychology or podiatry clinic finance its fit-out?
Yes. Treatment rooms, reception, cabinetry, flooring and treatment equipment can be funded under one fit-out facility with the builder and suppliers paid as the work progresses, repaid over three to five years within the lease term. Equipment such as treatment beds, reformers and diagnostic tools is often financed separately at a sharper rate.
How does a growing clinic fund new practitioners before their books fill?
A line of credit or a short-term unsecured loan covers wages and room costs for the three to six months a new practitioner takes to reach a full book, and is repaid as their billings come through. Lenders assess the clinic’s existing billings, so applying while the current team is busy gets the best terms.
Are allied health practitioners eligible for professional finance packages?
Some lenders extend professional packages to physiotherapists, psychologists, podiatrists, chiropractors, optometrists and other registered practitioners, with lighter documentation and sharper pricing on equipment and practice finance. Registration and a practice plan are the key documents. A broker knows which lenders include your profession.
Can I finance buying an allied health practice?
Yes. Practice acquisition finance funds the purchase of an existing clinic or a buy-in against its billings and goodwill, with lenders looking at the practice’s financials, referral base and the practitioners staying on. Equipment and fit-out can be financed alongside the purchase.