The short answer
Yes — established medical, dental, and veterinary practices can finance clinical equipment without a personal guarantee through corporate-only programs. Typical thresholds: 3+ years in practice, $500K+ annual revenue, positive net practice income, and no open tax liens. Expect a modest rate premium (50–150 bps) in exchange for removing personal recourse.
This post covers the no-PG path specifically. For the broader Section 179 and equipment-leasing tax framework that applies to medical practices, see our Section 179 Tax Deduction Guide and Equipment Leasing Guide 2026.
Why "No PG" Matters in Medical
A personal guaranty exposes the practitioner-owner's personal assets — home equity, brokerage accounts, and non-retirement savings — to a corporate default. For high-earning practitioners with significant personal balance sheets, removing that exposure has meaningful liability-planning value. It also protects the practice's future ability to add partners, sell equity, or restructure ownership without triggering guaranty cross-defaults.
Corporate-Only Qualification Criteria
| Criterion | Threshold |
|---|---|
| Time in practice | 3+ years (5+ for best pricing) |
| Annual practice revenue | $500,000+ |
| Net practice income | Positive last 2 tax years |
| Practice credit | Established business credit file |
| Licensure | Active, no disciplinary actions |
| Equipment type | Titled/serialized clinical with resale market |
Equipment That Qualifies Under No-PG Programs
Dental chairs and CBCT imaging, veterinary surgical tables and X-ray, MRI and CT, C-arms, ultrasound systems, DEXA scanners, ophthalmic lasers, aesthetic lasers, dermatology devices, physical therapy machines, and diagnostic lab equipment all typically qualify. Practice-management software, generic office furniture, and non-clinical build-outs usually fall outside no-PG treatment because they lack a strong resale market.
Documents Required
- Last 2 years business tax returns
- Year-to-date P&L and balance sheet
- Last 3 months practice bank statements
- Equipment quote / invoice
- Copy of active professional license
- Practice organizational documents
Frequently Asked Questions
Can a medical practice finance equipment without a personal guarantee?
Yes — established medical, dental, and veterinary practices can access corporate-only equipment financing (no personal guaranty) through specialized medical-equipment lenders. It typically requires 3+ years in practice, strong practice cash flow, and a licensed practitioner-owner on file.
What are the qualification thresholds for no-PG medical equipment financing?
Standard criteria: 3+ years in operation, $500K+ annual practice revenue, positive net practice income on the last two years of returns, no active tax liens, and licensure in good standing. Some lenders require corporate financials in place of a personal guarantee.
Which specialties get no-PG equipment financing most easily?
Dental, orthodontics, veterinary, ophthalmology, dermatology, physical therapy, and diagnostic imaging practices see the widest no-PG program availability. Financing is available across most specialties, though thresholds may vary.
What equipment qualifies under no-PG medical programs?
Titled, serialized clinical equipment with a documented resale market: dental chairs and imaging, veterinary surgical suites, ophthalmic lasers, MRI/CT, C-arms, DEXA scanners, aesthetic lasers, and physical therapy equipment. Practice management software and build-outs are typically excluded from no-PG treatment.
Do no-PG medical equipment loans cost more?
Slightly. Expect a 50–150 basis point premium over full-recourse rates in exchange for corporate-only recourse. For most established practices the premium is justified by the reduction in personal balance-sheet exposure.
Can a newer practice qualify without a PG?
Rarely. Practices under 3 years old almost always require a personal guaranty. The path there is to accept the PG on the first equipment lease, build the corporate credit profile, and refinance into no-PG structures on subsequent acquisitions.
Structure Your Next Equipment Purchase Without a PG
Aberdeen places corporate-only medical equipment financing for established practices nationwide.