How can I finance equipment and inventory for my aesthetic clinic or med spa?

SBA 7(a) loans up to $5 million can fund the acquisition of a med spa or aesthetics practice, lasers, injectables inventory, and treatment equipment, with an average note rate of 8.0 % and an average term of 11 years (peersense.com).

Loan options to consider

SBA 504 loans cover owner‑occupied real estate and equipment for med spas with as little as 10 % down payment (peersense.com).

Med spa financing is layered: equipment loans or leases for devices, build‑out or tenant‑improvement financing for the suite, working‑capital financing for the first months, and SBA 7(a) loans for broader acquisition or expansion (merc.financial).

• Ask each lender to outline the loan programs they offer for equipment and inventory.

• Write down the down‑payment requirements for each option.

Review 2026 Med Spa Inventory Financing Study: Approval Rates, Terms, and Time-to-Fund Benchmarks while preparing questions for the lender.

Cost ranges for devices and build‑outs

Capital requirements for a single medical‑grade laser or body‑contouring platform can range from $80,000 to $250,000+ (clearvaluelending.com).

Typical cost ranges for med spa build‑out and leasehold improvements are $50,000 – $250,000, while laser and energy‑based devices cost $40,000 – $200,000+ per unit (vagaro.com).

• Create a list of the specific lasers, injectables, and other devices you plan to purchase.

Review Aesthetic Practice Inventory Affordability Calculator while preparing questions for the lender.

Financing terms and rates

Well‑qualified med spa borrowers with strong credit typically see equipment financing rates of 8 %–14 % while newer operators may face rates of 14 %–18 % (financeorlease.com).

Typical equipment financing amounts range from $25 K to $3 M+ per system, with rates of 6 %–22 % APR and terms of 36 – 84 months; down payments can be 0 %–10 % for established practices (baystreetlending.com).

Equipment loans are secured by the equipment itself, allowing faster processing and less strict eligibility compared with unsecured term loans (biz2credit.com).

• Request sample financing agreements to see payment schedules and any fees.

• Ask the lender to explain how the equipment serves as collateral and what that means for approval speed.

Eligibility and speed of funding

Merchant cash advances (MCA) for med spas usually require 6 + months in business, $4,000–$6,000 per month in bank deposits, and a FICO score of 500 + (towersassetgroup.com).

Established med spas with at least one year in business and $250,000+ in annual revenue can obtain equipment financing offers ranging from $20,000 to $500,000+, often funded within 24–48 hours after approval (ranfunding.com).

• Check your business tenure and monthly deposit history against the lender’s minimums.

• Note the typical funding timelines so you can plan purchase dates.

Specialized financing structures

Equipment Finance Agreements (EFAs) provide immediate ownership of aesthetic devices with fixed monthly payments and can include soft costs such as shipping, training, and installation (financialpc.com).

Specialist lenders offer chattel mortgages, finance leases, technology upgrade facilities, and multi‑device bundles to finance laser hair removal, IPL, RF body‑contouring, HIFU, or full multi‑device aesthetic clinic setups (easyasset.com.au).

• Ask about Equipment Finance Agreements and chattel mortgages for immediate ownership.

Disclosures

This content is for educational purposes only and is not financial advice. botoxinventoryfinancing.com may receive compensation from partner lenders, which may influence which products are featured.

Sources

• peersense.com
• merc.financial
• clearvaluelending.com
• vagaro.com
• financeorlease.com
• baystreetlending.com
• biz2credit.com
• towersassetgroup.com
• ranfunding.com
• financialpc.com
• easyasset.com.au