Benefits of leasing MRI in Veterinary Medicine

Benefits of leasing an MRI in the Veterinary Specialty

No Service Contracts to Negotiate! 

When entering into a lease your leasing partner is responsible for the maintenance and service of the equipment.  As an individual consumer you are going to pay top dollar for the quality of service necessary for veterinary neurology to operate efficiently without losing patients to downtime. Your leasing company has the benefit of scale and can get better contracts at more reasonable rates.

Payments for FMV Lease and Capital Lease are tax deductible.

FMV lease or Fair Market Value lease is one in which a company leases equipment for a period of time.  At the end of that period the lessor may purchase the equipment at fair market value, continue to lease the equipment, or  terminate the lease and return the equipment and upgrade if desired.

In fact, this is a great way to;

Avoid obsolete equipment.

VetMed Specialty is experiencing remarkable growth.  The number of veterinary dedicated MRI scanners has increased ten-fold since AnimalScan first opened their doors in 2007. We offered low-field outpatient imaging to animals under 200lbs. In just two years we upgraded to high-field only scanners and retired the low-field scanners. If your practice has the opportunity to grow quickly, don’t limit its growth with purchases you feel obligated to operate until death do you part. 

Keep high dollar equipment off your practice’s balance sheet

This trick can make your specialty practice more attractive to potential buyers should you be interested in selling, partnering, or joining a practice group. 

Keep your cash.

VetMed is on fire right now and specialty even more so.  Boarded Veterinary Neurologists are difficult to find much less hire.  They want a good piece of equipment with which to practice their craft. Quality MRIs, while lucrative, are expensive.   Often neurology is the only department to use the MRI. Keep your cash and use it for growth in other areas of practice.