Medical Equipment Financing

Spark Capital recently funded medical equipment

7/6/2024

a woman in a white shirt holding a stethoscope
a woman in a white shirt holding a stethoscope

Medical Equipment Funded

Spark Capital was proud to assist a small medical practice. They were looking to upgrade their existing equipment. Spark provided a $325,000 loan to purchase an X-Ray for their business. Here is the timeline/steps/challenges the deal had faced.

  • Client had was having issues with their X-Ray machine, they needed to replace two of them. It was constantly breaking down. They wanted 100% financing.

  • Client called Spark Capital. Our account manger reached out, and emailed a quick application.

  • After 2 hours we gave a pre-approval, then got 3 months of banks statements, a 2 years tax returns.

  • After they got approved we sent documents to sign via email. Once signed we sent a wire transfer to the seller.

Here is a breakdown on the terms offered:

  • 84 months

  • 0 payments down

  • $325,000 funded

  • $5078.13 per month

Call us anytime of get an instant quote if you want to get the same type of financing.

Spark Capital