← Back to Medical Imaging Financing | All Articles
MRI and CT scanners represent major capital investments for imaging centers, hospitals, and outpatient clinics. New systems run $300,000–$2,000,000+; MRI and CT scanner financing lets practices add or upgrade imaging capability without paying cash. This guide covers costs, financing options (loans vs leases), credit requirements, and how to get approved. See medical equipment financing and used medical imaging financing. Get matched with lenders who finance MRI and CT equipment.
Why Imaging Centers and Hospitals Finance MRI/CT
Imaging is a core revenue driver. Financing spreads the cost over 60–84 months, preserving capital for operations and other needs. Leasing is especially common for imaging—technology evolves, and upgrade flexibility matters. See equipment financing by type.
MRI and CT Scanner Costs
New MRI systems run roughly $500,000–$2,000,000+ depending on field strength (1.5T vs 3T) and features. CT scanners run $300,000–$1,500,000+ depending on slice count and capabilities. Used and refurbished units may be 30–50% less. See used medical imaging financing.
Financing Options: Loans vs Leases
Equipment loans spread the cost; you own at payoff. Leases often have lower payments and full deductibility; you can upgrade at term end. Many imaging centers lease. See equipment loan vs lease. Use our calculator.
Credit and Down Payment Requirements
Most lenders look for 600+ FICO; 680+ qualifies for the best rates. Large-ticket medical equipment may require stronger financials. Down payments vary. See credit score for equipment financing.
Documentation and Approval Timeline
Gather: equipment quote (make, model, specifications), 3–6 months bank statements, tax returns, P&L, formation documents, payer mix if applicable. Many lenders approve in 24–48 hours for standard transactions; large tickets ($500K+) may require additional underwriting. See equipment financing requirements and approval timeline.
MRI vs CT: Financing Considerations
Both MRI and CT scanners are routinely financed. MRI systems typically cost more ($500K–$2M+); CT $300K–$1.5M+. Lenders evaluate credit, facility, and revenue. Multi-modality centers may finance both in one package. Used and refurbished units (see used medical imaging financing) can reduce cost 30–50%.
Installation and Site Preparation
MRI and CT require significant site preparation—shielding, power, cooling. Some lenders allow installation to be bundled; others finance equipment only. Discuss with your vendor and lender. Document what's included in your quote. Site costs can add 10–25% to the project.
Where to Find MRI/CT Scanner Financing
Medical equipment lenders, OEM financing (Siemens, GE, Philips, Canon), and specialty healthcare financiers offer MRI/CT financing. Dealer programs are common. A marketplace like Axiant Partners submits one application to multiple lenders. Get matched for MRI and CT scanner financing.
Frequently Asked Questions
How much does an MRI or CT scanner cost?
New MRI systems run $500,000–$2,000,000+; CT scanners $300,000–$1,500,000+. Used and refurbished units may be 30–50% less.
Can I finance an MRI or CT scanner?
Yes. Equipment lenders specialize in medical imaging financing. Credit 600+, typical approval in 24–48 hours.
Lease or buy MRI/CT equipment?
Leases are common—lower payments, preserve capital, allow technology refresh. Many imaging centers lease.
What credit score do I need for MRI/CT financing?
Most lenders look for 600+ FICO. Scores of 680+ qualify for the best rates. Strong revenue improves approval.
How fast can I get approved for MRI/CT financing?
Many lenders approve within 24–48 hours. Large-ticket medical equipment may require additional underwriting.