Upgrade Your Clinic With A Loan For Hospital

A loan for hospital is one of the best ways to upgrade your existing practice, finance the purchase of advanced medical tools and equip your clinic with the latest technologies. You can opt for a loan and repay the amount in EMIs over a flexible tenure. Once your loan request is approved, you can proceed to use the funds to cover the expenses of brand-new equipment, simply upgrade your existing medical facility or fulfil any other expenses. 

This blog helps you understand what a loan for hospital entails, its various features and benefits. Read on!

What is a Loan for Hospital?

A loan for a hospital is a unique type of loan which can be used to upgrade your existing clinic, equip it with the latest tools and technologies. Starting from oxygen tanks and hospital beds to top-grade diagnostic technologies and imaging tools – you can invest the money towards meeting any requirement.

Use the loan to equip your clinic with state-of-the-art machinery that meets the high-end medical requirements of patients. With modern medical facilities in place – your clinic will be the most trusted one in the area.

Features of Loans for Hospital Projects

Here are some defining features of loan for hospital which make it an ideal loan option among healthcare practitioners looking to upgrade their clinic: 

1. Quick Processing of Loan Request

Getting a loan to upgrade your clinic is simple. Click on ‘Apply Now’ and enter the necessary details. Upload the required documents and submit the application. Your application will be assessed and verified by the lender. Once your loan request is approved, the loan amount will be credit to your account.

2. Flexible Repayment Tenure

A Medical Equipment Loan comes with a flexible repayment tenure. With a period of up to 84 months, you can conveniently plan out your finances to avoid any unseen, future financial burdens. By staying on track with the debt repayments, you get the additional benefit of building your credit score. With a high credit score, you can further be assured of quick loan approvals in the future.

3. Minimal Documentation

To get a Medical Equipment Loan, you need to submit a few basic KYC documents, qualification documents and bank account statement.

Also Read - How to Dispose Used Medical Equipment?

Benefits of Opting for Medical Equipment Loan for Hospitals

Be it X-ray machines, MRI machines or lab equipment, you can cover the costs of any hospital equipment with a Medical Equipment Loan. Here are a few other benefits of opting for a Medical Equipment Loan for Hospitals:

• There will be no extra or hidden charges imposed later on during the process. Any applicable fees or charges will be communicated in the very beginning, transparently.
• You can apply for the loan online from the comfort of your home through a simple, hassle-free process, requiring minimal documentation.
• You do not have to pledge an asset for Medical Equipement Loan.
• Your loan request will be processed and approved in no time, given that the basic eligibility criteria are met.

Also Read - Why Medical Equipment Loan is Important for Medical Professionals?

To Conclude

If you are struggling to gather funds to upgrade your existing practice, get a Medical Equipment Loan to complete the overdue project. With the help of Poonawalla Fincorp, you can get a loan of up to Rs.10 crore with minimal documents, flexible repayment tenure, easy online process, and no hidden charges. What are you waiting for? Apply now!    

Disclaimer

We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Medical Equiment Loan disbursal is at the sole discretion of Poonawalla Fincorp.
*Terms and Conditions apply