Financing your dental equipment can appear such as a daunting task. There are a great number of factors to consider, from the price of the equipment itself for the interest rate and length of the loan. Here is a guide for financing your dental equipment so you really know what to expect.

How much does dental equipment cost?

Dental equipment varies in price depending on what type you need and how many pieces you need. For instance, a chair for one dentist can be $3,000 or $10,000 depending on the quality and features. On average, dental equipment ranges from $2,000 to $5,000 per piece with an average total cost of just under $40,000.

What kind of interest rate am I looking at?

 Interest rates vary based on your credit score as well as your profession. Interest rates are typically between 8-14% so it's important to check with your lender before applying for loans.

How long will my loan last?

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What is dental equipment?

Dental equipment is anything you use to provide dental care in the office. This includes chairs, x-rays, sterilizers and more.

How much does dental equipment cost?

Dental equipment costs can vary depending on what you need and how many pieces you need. For instance, a chair for one dentist can be $3,000 or $10,000 depending on the quality and features. On average, dental equipment ranges from $2,000 to $5,000 per piece with an average total cost of just under $40,000.

What kind of interest rate am I looking at?

Interest rates vary based on your credit score as well as your profession. Interest rates are typically between 8-14% so it's important to check with your lender before applying for loans.

How long will my loan last?

The duration of your loan will depend upon the kind of dental equipment you are purchasing and what form of interest rate you obtain. The average loan lasts for around three years. If you're looking to acquire something that'll last 10 or more years, look in to obtaining a longer-term loan or financing with a different company.

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