Healthcare facilities, private clinics or even hospitals will cease to exist without essential medical equipment. Therefore, coming back to the question of whether you should buy new medical equipment for your clinic or not, the answer is YES. A definite YES.
But, should you use your working capital for purchasing the medical equipment? The answer is NO! Using your cash reserve can affect the working of your health care facility, and thus, it would be wise to apply for a doctor loan/ medical equipment loan for the purpose.
A medical equipment loan is available for all salaried and self-employed doctors who want to start their own clinic or already have an existing one. They can use the money for multiple reasons including buying the essential medical equipment.
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