How do you lease a digital x-ray system?

May 24, 2022 9:46:00 AM / by Jennifer Hutchison

If you're looking for a way to finance or lease a digital x-ray system, there are a few different options available. Here are some things to consider when choosing a financing option:

  • What is your budget?
  • How long do you need the financing for?
  • What are the interest rates and fees associated with the financing?
  • What is the total cost of the financing?

You should also consider what your business needs in a digital x-ray system and what features are most important to you. Financing options vary, so it's important to find one that best suits your needs.

One dollar buyout lease

The first lease option we are looking at is the so-called ‘One Dollar Buyout Lease’ which gives you the option to buy out your equipment at the end of a 24 months or 72 months lease for a nominal amount. This option gives you the opportunity to own your equipment at the end of the lease.

Equipment lease

Most equipment loans are somewhere between 24 months to 72 months and the rate is subject to change based on your credit. A good interest rate is around 5.5%. The rate may fluctuate if you are a startup vs a more mature company that already is licensed. Startups can be looking at 10-15% interest rates and companies with challenging credit could be looking at 10-20% interest rate.

When it comes to rates for a lease, it's important to keep in mind that they can fluctuate based on your credit. In the current market, a 5.5% interest rate is typically a good rate. However, that rate can fluctuate based on your situation.

If you're looking to get the best rates possible, you may want to consider using other businesses as collateral. For example, you may be opening up a new practice, but you've already been licensed and you have had an established practice for many years. This can help to get you more favorable rates. Whatever route you decide to go, it's important to shop around and compare rates so that you can get the best deal possible.

When it comes to equipment loans and leases, the term is typically anywhere from 24 to 72 months. The interest rate will fluctuate, but the lowest rates are usually around 5.5%. For startup businesses, rates could be anywhere from 10-15%, and for those with more challenging credit, rates could be 10-20% or even higher. Therefore, it's important to shop around and compare rates before making a decision. By doing so, you can ensure that you're getting the best possible deal on your loan or lease.


Licensing is also important when determining leases and rates. For example, say your business is a startup but you have previously worked in a clinic and held your license for five to six years. Many times the underwriting conditions will consider your business as not a startup and will get you into preferred programs.

Almost all of these licenses do not require a down payment, however, it will once again be based on credit. Licensing is an important factor to consider when starting a business, as it can affect rates and leasing options. Be sure to research licensing requirements thoroughly before getting started.


When financing digital x-ray equipment, you can finance up to $250,000 with an application. Application means you're not supplying financials or anything else than a standard credit application.

The financier is going to look at your business, how credit worthy it is, and any trade lines you have that are similar to the equipment you're purchasing. They're also going to look at your individual information.

Will financing a digital x-ray machine affect my credit?

Typically there will not be a trade line on your personal credit, though you may see a flag or an inquiry on your credit when they do a credit check on you as the personal guarantor. Generally, the trade line will go on your business credit and will not appear on your personal credit.

However, some lenders out there are slightly different. For the most part, it will only appear on your credit if there is some reason why the business defaults and if they are unable to collect the remaining balance from you.


In order to be in the preferred program for financing (those that are 5.5%), you will need to have a FICO score that is at least 700. This is the score that lenders will look at in order to judge your creditworthiness. In addition, you will need to have been in business for at least two years, or have a license that shows you have been in business for a period of time.

If you have been licensed for more than three years, the lender may put you in the non-startup category. This is because they will recognize that you have more experience and are therefore less of a risk. By meeting these requirements, you will increase your chances of being approved for financing.

If you’re interested in financing digital x-ray equipment, get in touch with our team of experts to explore your options.

Tags: Chiropractic Digital X-ray, X-ray Room Requirements, Digital X-ray System

Jennifer Hutchison
Written by Jennifer Hutchison

My goal is to provide my customers with the best equipment possible, at the best price possible, in order to see their business grow and thrive. I currently work hand in hand with doctors of Chiropractic all over the nation to put together custom equipment packages that meet their special needs. Each doctor has their own speciality technique, and by working directly with many of the groups such as NUCCA, Gonstead, CBP, Everest, Blair, KCUCS, and many other groups, I have built the knowledge and expertise to create custom x-ray equipment packages for their specific needs. Seeing my customers using the equipment I sold them in order to heal and help people all over the nation is the true happiness I get from my career. - 9 Years experience in medical device and equipment sales -12 Years experience in Medical Imaging Field - Sales expert for x-ray and digital x-ray equipment nationwide - Work with over 25 different manufacturers and vendors - Strong accounting, finance, and account management background - Upper Cervical X-Ray Sales Specialist