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Why medical equipment leasing

Negus med Clinibulds understands that healthcare professionals depend on specialized medical equipment in order to help provide outstanding patient care. We also know the cost to purchase medical equipment can be very high, which is why we’ve made healthcare equipment leasing a key part of our business

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Our solutions

We specialize in medical equipment leasing for medical professionals in Kenya. With our assistance, we guide you to ensure that you have acquired the tools and equipment you need to equip and run a professional, safe, and sterile medical facility.

By working closely with the leading medical manufacturers in the industry and key finance partners, we offer some of the most competitive rates in the market place.

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Request for Equipment Leasing

Take the first step in our application process by answering a few quick questions. After submitting, we'll reach out to you about moving forward with your leasing

Clinibuilds- medical equipment financing and leasing

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FAQs (Frequently asked Questions)

How does equipment leasing work?

Equipment leasing works in 5 simple steps:

  1. Discuss Needs: When you contact us, we’ll discuss your needs and work to customize a unique pricing proposal for you and your needs.
  2. The Customer Hospital Signs Agreement: After we discuss your needs, we will send over a proposal within an hour. Once you have reviewed the proposal and are ready to proceed, sign and return the agreement and purchase order.
  3. Equipment is transported and delivered: Upon receiving the signed agreement and purchase order, Clinibuilds will begin processing your order instantly to delivered.
  4. Delivery and Acceptance: A delivery and acceptance certificate will be emailed once your order has shipped. This needs to be signed and returned to Clinibuilds. This allows us to activate the account and invoice.
  5. Vendor Gets Paid: Med One finishes the deal by paying the vendor for equipment. The vendor gets the full credit for the sale, and the hospital can provide better patient care
What are the different types of lease financing in healthcare

There are 6 different types of lease financing that we provide:

  • Step-Up Option: Provides the customer with a low initial payment, which increases over time to match the expected flow of revenue generated from the new technology.
  • Deferred: 3, 6, or 12-month periods followed by monthly defined payments or balloon payments. This option allows purchase-minded customers to get equipment now and pay for it later.
  • Capital Lease: At the end of the term, the customer owns the equipment with a buyout. No option to return equipment.
  • Operating Lease: Make monthly payments based on pre-established terms. After the term is fulfilled, the equipment can be purchased based on fair market value, rented for an extended period, or returned.
  • Equity Rental: After the initial rental term, the customer can continue to rent the equipment with 50% of all payments towards the purchase price. Payments are made from the customer’s operating budget.
Why is leasing worth it?

Leasing offers a wide variety of benefits for customers. Here are some of the most important benefits we believe in:

  • No Upfront Money is Required: The customer receives equipment quickly, and cash can be used for other purposes.
  • Low Monthly Payments: Leasing costs less than paying cash, renting, or acquiring debt through other means.
  • Equipment Management: When you lease, there is no fear of the technology of your equipment becoming obsolete or running into life expectancy issues. At the end of the lease term, the customer can either return the equipment or extend the lease. No risk of keeping outdated equipment.
  • Costs Moved Off Balance Sheet: The costs can be paid from the hospital’s operating budget and does not show up on the balance sheet. This, in turn, frees up capital and improves the financial status of the hospital.
  • Simple Process: Less documentation. Only a few pages. Deals are processed in hours.
  • Customization: Med One takes pride in customizing each deal we make to meet the needs of the customer and the vendor.
What are typical terms for equipment financing?

CAPITAL BUDGET: Money for new construction, remodeling, furniture, and most equipment.

OPERATING BUDGET: Money for salaries, advertising, and disposable products.

  1. CAPITAL LEASE: Capital budget with a Ksh 1.00 buyout at the end. This is like buying a house—monthly payments are made to pay off equipment.
  2. OPERATING LEASE: The customer only uses the operating budget for a set amount of time, like a car lease. At the end of the term, the items are returned, purchased, or the leasing term is extended.
  3. EQUITY RENTAL: Utilizes the operating budget and allows for brand new equipment while renting. 50% of each payment is credited towards buying the equipment.
Is financing equipment tax deductible?

When it comes to financing equipment, you are not able to use the base loan as a tax write-off, but the interest paid each month can be considered a tax deduction for most equipment loans