Medical, Dental & Wellness
Medical, Dental & Wellness Equipment Financing in Canada
Finance dental chairs, imaging systems, aesthetic lasers and clinic equipment through one process with access to 40+ financing sources. Raymond Leigh helps Canadian practices, clinics and wellness businesses finance equipment, generally between $50,000 and $5 million per transaction.
At a Glance
Medical & Dental Equipment Financing in Canada: At a Glance
What can be financed
Dental chairs and delivery systems, CBCT and X-ray, ultrasound, aesthetic lasers, physiotherapy and fitness equipment.
Transaction size
About $50,000 to $5 million, from one laser to a full clinic build-out.
New practices
New practices and newly licensed practitioners may be considered, often based on professional credentials and a business plan.
Used equipment
Used or refurbished equipment may be considered when the vendor and condition are documented.
Clinic build-outs
Equipment, technology and some leasehold improvements may be financed together.
Equipment you already own
Equity in owned equipment may support refinancing.
Why Businesses Finance
Financing Built Around Practices and Clinics
Healthcare equipment is expensive and changes quickly. A CBCT unit, an intraoral scanner or an aesthetic laser can transform what a practice offers, but paying cash ties up money needed for staff and operations.
Practitioners also face unique timing issues. A new graduate opening a practice, a dentist buying into a clinic, or a group adding a location all need equipment before revenue grows. Financing lets the equipment pay for itself from the treatments it supports.
Lenders tend to view healthcare professionals favourably, but each has its own rules on new practices, aesthetic clinics and used equipment. Access to multiple financing sources helps match the deal to the right one.
Equipment
Medical, Dental & Wellness Equipment We Finance
These are the main categories of equipment practices and clinics finance.
Dental
Dental chairs, delivery systems, intraoral scanners, milling units and sterilization equipment.
Imaging
CBCT systems, digital X-ray, ultrasound and diagnostic imaging equipment.
Medical
Diagnostic equipment, patient monitoring, treatment tables, autoclaves and clinic technology.
Aesthetic
Aesthetic lasers, body contouring machines, skin treatment systems and cryotherapy equipment.
Rehabilitation
Physiotherapy equipment, chiropractic tables, shockwave therapy and rehab equipment.
Wellness and fitness
Commercial fitness machines, wellness centre equipment and studio fit-outs.
By Specialty
Healthcare Equipment Financing by Specialty
Each specialty has its own equipment and its own financing considerations.
Dental Equipment Financing
Dental practices finance chairs, delivery systems, intraoral scanners, CAD/CAM milling units and sterilization equipment. Equipment for a new operatory or a full practice fit-out can be financed together.
Medical Equipment Financing
Medical clinics finance diagnostic equipment, patient monitoring systems, treatment tables and clinic technology for new locations or upgrades.
Medical Imaging Equipment Financing
CBCT systems, digital X-ray, ultrasound and other imaging equipment represent significant investments. Financing can include installation and shielding where the financing source allows it.
Aesthetic Laser Financing
Aesthetic lasers for hair removal, skin resurfacing and tattoo removal are financed by medical aesthetic clinics and med spas. Financing sources review the clinic's experience and the medical oversight in place.
Aesthetic Equipment Financing
Body contouring machines, skin treatment systems and cryotherapy equipment are financed by aesthetic clinics adding services. Newer clinics may see more conservative terms.
Physiotherapy Equipment Financing
Physiotherapy and chiropractic clinics finance treatment tables, shockwave therapy, rehab equipment and gym equipment for new or expanding locations.
Wellness & Fitness Equipment Financing
Fitness facilities and wellness centres finance commercial cardio and strength equipment, recovery equipment and studio fit-outs.
Clinic Expansion Financing
Practices adding operatories, treatment rooms or locations can finance equipment and some leasehold improvements together. See expansion financing for more.
Financing Options
Financing Options for Healthcare Practices
The best option depends on whether you are starting, expanding or upgrading, and on the type of equipment.
Equipment Financing
Finance new or used healthcare equipment with the equipment as security.
Explore equipment financingEquipment Leasing
Leases can suit technology that changes quickly, such as lasers and imaging.
Practice Start-Up Financing
Equipment and fit-out financing for new practices, based on credentials and a business plan.
Leasehold Improvement Financing
Fund clinic renovations alongside new equipment.
Explore leasehold improvement financingEquipment Refinance
Borrow against equity in equipment the practice already owns.
Explore equipment refinanceWorking Capital
Complementary working capital for opening costs or expansions.
Explore working capitalPractice acquisitions and clinic real estate usually involve different lenders and structures and are not covered on this page.
Use Cases
Common Healthcare Financing Scenarios
Opening a new practice
A dentist opens a new practice and finances chairs, imaging and sterilization equipment along with the fit-out.
Adding imaging
A dental practice adds a CBCT unit so it can perform implant planning in-house.
Adding aesthetic services
A medical clinic adds an aesthetic laser and body contouring machine to offer new treatments.
Expanding a physiotherapy clinic
A physiotherapy group opens a second location and finances rehab equipment and treatment tables.
Upgrading a fitness facility
A gym replaces aging cardio equipment with new machines.
Ontario & Quebec
Ontario and Quebec Notes for Practices
Practices in Ontario and Quebec deal with a few province-specific details. These are general points; your accountant and lawyer can confirm how they apply.
Professional licensing
Financing sources often ask for proof of licensing, such as registration with the RCDSO in Ontario or the Ordre des dentistes du Québec.
Sales tax on equipment
Many health services are exempt from sales tax, which can affect whether tax paid on equipment is recoverable. Confirm with your accountant.
French documentation
Quebec practices may prefer documents and communication in French. Raise this at the start so it can be planned for.
For healthcare vendors
How Medical, Dental & Aesthetic Equipment Vendors Can Offer Customer Financing
Dental dealers, medical device distributors and aesthetic equipment companies can offer customer financing through Raymond Leigh. You introduce the practitioner or clinic owner, and we take the deal to financing sources that understand healthcare.
Clinical technology sells on what it adds to the practice: more procedures, better diagnostics, new services. Showing a monthly payment next to that value makes the decision easier. And when a new clinic or a med spa is declined by its bank, a second route keeps the sale alive.
Programs can cover new systems, demo units and refurbished equipment. You stay focused on the clinical sale and training. We handle applications, lender selection and documents.
How can medical equipment vendors offer financing?
Introduce the practice to Raymond Leigh with the quote. We arrange financing through third-party sources, so your company does not carry the credit.
Can aesthetic equipment vendors offer financing to new clinics?
Sometimes. New aesthetic clinics are reviewed on experience, medical oversight and the business plan. Approval is never guaranteed.
Can demo and refurbished equipment be financed?
Often, yes, when condition, service history and vendor support are documented.
Why Raymond Leigh
One Financing Process. More Places to Take the Deal.
Healthcare lenders often focus on established dental and medical practices. Aesthetic clinics, new graduates and wellness businesses may need a different lender. Raymond Leigh brings one file to 40+ financing sources and matches it to the ones that fit your specialty and stage.
- Dental, medical, imaging, aesthetic and wellness equipment
- New practices, expansions and upgrades
- Equipment and fit-out financing where appropriate
- About $50K to $5M per transaction
- Refinancing on owned equipment
- Canada-wide, including Ontario and Quebec
How It Works
How Healthcare Equipment Financing Works
Applying does not commit you to anything, and approval is never guaranteed. Here is what happens after you reach out.
Tell Us About the Equipment
Send the equipment quote and basic information about your practice and licensing.
We Review the Transaction
We review the practice, the equipment and the financing needed.
We Identify Financing Options
Your file is matched with financing sources that work with your specialty.
Complete the Transaction
Once documents and conditions are complete, payment is coordinated with the vendor ahead of installation.
FAQ
Medical, Dental & Health Wellness Financing Questions
Often, yes. New practices are reviewed on professional credentials, experience and a business plan. Terms may differ from an established practice.
Yes. Imaging equipment is commonly financed, sometimes including installation.
Yes. Aesthetic lasers are financed by medical aesthetic clinics and med spas. Financing sources review experience and medical oversight.
Sometimes. Refurbished equipment from a reputable vendor may be considered when condition is documented.
Potentially. Some financing sources include leasehold improvements in a clinic fit-out.
Yes. Commercial fitness equipment can be financed for new or expanding facilities.
Introduce the dentist and the quote to Raymond Leigh. We coordinate financing through third-party sources while you manage the sale and installation.
Yes. Vendors can introduce financing during a demo so the clinic can review payment options while evaluating the device.
Next Step
Bring New Technology Into Your Practice
Tell us about the equipment you need. We will review the practice and outline the options.