How to Arrange Table Financing

An Easy Guide to Arranging Table Financing.

This brief article has been compiled to help you find a way to get the tables you need, even if you do not have the means to purchase them outright. By reading on, we will suggest several options. However, please understand that there are many more out there. Just do a Google search.

While we will mention several third-party capital sources, we do NOT endorse any of them, nor do we receive any compensation or commission should you decide to use them. Our only benefit from your financing is the sale of our tables.

In-House Finance Option:

One of the most frequent questions we are asked is do we offer financing for tables. The simple answer is yes. However, we only allow three of our four financed deals at any given time, AND it should be regarded more as a means to purchase tables outright rather than a true financing option.

Our plan is ½ of the total quoted amount down to place the order. The balance due is then divided into two or three payments depending on the size of the outstanding balance. The first payment is due 30 days after table shipment. Subsequent payments are scheduled every 30 days until the tables are paid in full.

The payments are billed to the card on file at the time of order placement. We remind you 48 hours before charging your card. If there is a potential issue, we will work it out with you.

There is no credit check or interest. Just a simple statement of the terms on your quote which you initial to indicate your acceptance.

Web Store Based ShopPay Options (Powered by Affirm):

Built into the checkout process in our online store located at SunChiroTable.com is an option to use ShopPay. ShopPay is a service provided by Affirm, a well-known provider of consumer credit. It consists of three possible options.

1. Four payments of the total
2. Six months no interest if paid in full.
3. Low monthly installment payments.

In all cases, you select the ShopPay option during checkout and complete their application process. Generally, this takes only a few minutes, and you are quickly notified if approved. You would complete the checkout process when approved using ShopPay as your payment method.

Much like our in-house finance option if you are looking for a way to purchase your tables outright, but don't want to put out all the cash up front; options 1 and 2 above are desirable.

The installment option is similar to a credit card or other unsecured consumer credit. Expect easy approval but higher interest rates.

Disclosure: Payment options through Affirm are subject to eligibility, may not be available in all states, and are provided by these lending partners: affirm.com/lenders. CA residents: Loans by Affirm Loan Services, LLC are made or arranged pursuant to a California Finance Lenders Law license.

NCMIC (Gold standard equipment financing/leasing):

If you have been in practice for some time AND have good to excellent credit. Then NCMIC likely has the best lending experience and the lowest rates you can expect to find. We have worked with them literally for years. They are the only lender we use that has never had a customer-reported complaint.

However, if you are getting into practice or have less than good credit. You are unlikely to qualify for any of their programs.

We are set up with NCMIC directly. All you need is approval from them and a quote from us, and they will fund your purchase. To apply with NCMIC, please go to the link below:

NCMIC Financing

PayPal Buyer Credit:

If you have a PayPal account, or even if you don't, consider PayPal Credit. This consumer loan is based almost entirely on your credit history and income. The rates are generally competitive but nothing fantastic. Mostly, they don't care how long you have been in practice, and the approval process is quick and online. We have seen many doctors newly out of school and with lower credit scores get approved.

Once approved, you will know what your spending limit is. Now you have two options. First, go to our online store and select PayPal Credit as your checkout option. The other is to contact us with what you would like. We will then generate a PayPal invoice which we will email to you. Next, click the link and select PayPal credit as your payment method.

To see if you qualify, please follow the link below:

PayPal Financing

Reliant Capital (Broker)

We've had experience working with several brokers in the past, but doctors' opinions on them are often polarized - either they love it or hate it. However, we've recently come across a broker who has demonstrated a genuine concern for our clients' best interests. They excel at identifying loan products that are customized to match our clients' specific financial situations.

Because they work with multiple lenders AND have their own source of funding, they have access to a variety of loan products other companies do not have and can help borrowers compare and choose the best option for them. They also save our clients time by doing the legwork of shopping around on their behalf. Our experience with Reliant Capital has been impressive. Their customer service is exceptional, and they tailor financing packages to meet specific needs. While we appreciate their excellent work, it's worth noting that they prefer deals of $5000 or more. If you're looking to purchase an equipment package that includes x-ray machines, tables, computers, and more, working with Reliant Capital could be a good option - particularly if you have average credit or are a newer practitioner. They offer a wide range of options in their portfolio to suit various needs.

To apply with Reliant Capital, please follow the link below:

Online Application

You can also contact Raymon Fink through the following:

Raymon Fink
Reliant Capital
Office: 949-669-4116
Mobile: 951-870-8569
rfink@reliantcapitalgrp.com

Direct to Consumer Lending:

In this category is your bank.  It is always a good idea to go your personal bank, see a loan officer, and determine if it's possible they might extend a loan or credit card to meet your table purchasing needs.

If however they can not, then there are a number of direct to consumer financing options.  While some of these specialize in low rates and people with excellent credit (think NCMIC), there are also those that specialize in the more difficult cases.   I am going to give you two of those as if you are reading this, then you are likely having financing challenges.

CIT

Recently acquired by First Citizens Bank we have done a number of deals with them over the years. They have been able to do financing for recently in practice and for lower credit scores. They have a great number of products to select from.

To apply with CIT follow the link below:

CIT Financing

ClickLease:

If you have applied elsewhere and been turned down this might be something to check out.  They tend to be more flexible and approve more people.  You are not going to use them because you are trying to get an excellent rate.  You use them because they are likely to approve you.

To apply with Clicklease follow the link below:

ClickLease Financing