Fast Approval Checklist
- Step 1: Provide Medical and Dental Council of Nigeria (MDCN) or Pharmacists Council of Nigeria (PCN) operating license.
- Step 2: Submit quotation from certified medical equipment manufacturers or accredited local distributors.
- Step 3: Present 12 months of hospital or pharmacy operating turnover records.
- Step 4: Secure equipment financing up to 80% of machine cost with the equipment serving as primary security.
Upgrading Healthcare Infrastructure in Nigeria
Private clinics, diagnostic centers, and community pharmacies provide the vast majority of primary and specialized medical care across Nigeria. However, acquiring advanced diagnostic tools—such as digital X-rays, 4D ultrasound scanners, automated hematology analyzers, and backup solar generators—requires immense capital outlays.
Medical asset leasing allows healthcare administrators to acquire state-of-the-art diagnostic machinery immediately, generating diagnostic fee income that covers monthly financing installments.
Eligible Medical & Diagnostic Equipment
- Ultrasound scanners (General Electric, Mindray, Philips, Sonosite).
- Digital radiography (X-ray) and mammography units.
- Clinical laboratory analyzers (hematology, chemistry, PCR test benches).
- Intensive Care Unit (ICU) ventilators and patient vital signs monitors.
- Commercial pharmaceutical cold chain storage and solar power systems.
Helpful Loan Resources & Links
- Learn About Specialized Medical Financing
- Medical and Dental Council of Nigeria (MDCN)
- Pharmacists Council of Nigeria (PCN)
Frequently Asked Questions
Does the purchased equipment serve as collateral?
Yes! In structured medical equipment financing, the machinery itself serves as the primary asset collateral, significantly reducing demands for external real estate pledges.
Are there grace periods before repayment starts?
Yes. Medical asset loans often include a 1 to 3-month installation and commissioning moratorium before monthly repayments commence.
