Not many business customers enjoy the word “lease” when financing equipment. Sometimes, they need equipment to service their patient levels with a fixed monthly cost without actually wanting to own the equipment or technology. Americorp Financial creates rental programs to meet this need in the healthcare industry by developing flexible rental and equity rent-to-own programs.
These true rental options work for hospitals and medical facilities because they provide immediate acquisition of needed equipment while adhering to the requirements of a wide variety of customers. Most of these options also meet FASB guidelines.
Americorp offers two main rental programs – but we also can create variations on both options to fit the budget and equipment needs of your customers.
This program allows a healthcare facility to rent equipment on a monthly basis with no pre-determined minimum term. Your customer can rent the equipment for a maximum of two years before they are required to purchase it. Any time during the rental, your customer also can purchase the equipment. This program is designed for facilities unsure of when capital appropriations would occur but currently can afford a rental payment.
Americorp facilitates this Bridge to Budget rental program as a long-term rental ranging from 6 to 60 months. The healthcare customer rents the equipment with a percentage of every payment made credited toward their purchase. Your customer also can purchase the equipment at any time after a required minimum period. This program is designed for healthcare facilities who want the benefit of long-term payments along with the ability to purchase their equipment at any time.
Offering a rental program may help close a sale with your healthcare customer as this equipment financing solution makes sense to a lot of medical facilities without a long-term financial commitment. Your customer also prefers an Equity Rent-to-Own program because they can give the equipment a “test drive”, see its use within their facilities, and then allocate budget dollars for purchase.