The medical and cosmetic laser industry has seen significant growth in recent years, with more and more patients seeking laser treatments for a variety of conditions. Financing for medical device companies in this industry is crucial for the development and commercialization of innovative laser technologies.
In conclusion, the medical and cosmetic laser industry offers a wide range of treatments using innovative laser technology. These treatments are effective, minimally invasive, and offer long-lasting results. Patients interested in laser treatments should consult with a qualified provider to determine if these treatments are right for them.
Companies in the medical and cosmetic laser industry should carefully consider their financing options and create a solid business plan before seeking any type of medical device financing. With the right financing in place, medical device companies can continue to develop new and innovative laser technologies to improve the health and well-being of patients.
In 2020, $16.7 billion was spent on cosmetic procedures in the U.S. For over a decade, laser hair removal held strong as one of the top five minimally-invasive cosmetic choices, with over 1 million procedures performed annually. However, according to new research statistics from the American Society of Plastic Surgeons, the popularity of laser skin resurfacing and intense pulsed light (IPL) treatments has grown in recent years. Now, laser skin resurfacing and IPL photofacials are among the top five minimally-invasive cosmetic procedures, with each seeing approximately 1 million procedures annually. Blepharoplasty, or eyelid reshaping, is also among the top five cosmetic surgical procedures in the country.
A lease is a contractual arrangement where one person/business (lessee), the lender/owner(lessor), owns an asset and provides possession and use of the asset to another person, the lessee, for a fixed term.
The lessor is the legal owner of the asset/equipment and the lessee has the legal right to use the asset/equipment in exchange for rental payments.
The answer to this question really depends on how much traffic your practice sees, as well as the size of your space. Of course, our goal is to grow with you! We recommend starting off with one multifunctional device and adding more as demand increases.
Our vendor products are backed by years of industry experience and designed with the intention to meet the needs of today’s client base. Many of our vendors aesthetic and medical devices bundle different technologies to give you more procedural offerings and help you diversify your treatments.
Our finance rates are very competitive within our industry, and we’ll always strive to find the best suited program with the best terms.
We have terms from 36 months Up To 72 months. Our dedicated financial advisor will make sure to work with you to place you in a term that will help your business cash flow while helping you increase your ROI.
The majority of our programs are called “Application Only”,
Depending on the credit, time in business, type of equipment, industry, and the amount you’re seeking to finance we may need to see income. Proof of income can be as simple as your last three months’ bank statements.
Your application is free, along with the advice and guidance from your dedicated financial advisor.
One of the greatest advantages with financing or leasing an equipment, is the ability to obtain the necessary equipment with little to no money down.
It allows the business owner to preserve their cash, and to obtain new or used equipment by making monthly payments anywhere from 12 to 72 months.
