Ambulance Financing
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Ambulance Financing for Ambulance Services and Healthcare Businesses
Crest Capital finances new and used ambulances for established private ambulance services and healthcare businesses, including emergency and non-emergency transport companies. Financing covers $10,000 to $500,000, as a loan or a lease, for ambulances bought from a dealer, an upfitter or another operator. Ambulances are one of the specialized vehicles Crest finances.
Type I Ambulance Financing
A Type I ambulance has a modular patient compartment mounted on a conventional truck chassis, behind a separate cab. The heavy-duty chassis carries more equipment and weight, and the module can often be remounted on a new chassis when the original chassis wears out.
Type II Ambulance Financing
A Type II ambulance is built from a van, with the patient compartment inside the van body and a raised roof for headroom. It is lighter and easier to drive in city traffic than the modular types, and it is common for non-emergency transport and basic life support work.
Type III Ambulance Financing
A Type III ambulance puts a modular patient compartment on a cutaway van chassis, with a walk-through between the cab and the patient area. It pairs a van chassis with more room than a Type II, which makes it a common choice for emergency service fleets.
Patient Transport Ambulance Financing
Patient transport ambulances carry patients who need a stretcher or monitoring but not emergency care: hospital discharges, transfers between facilities, and trips to dialysis and appointments. Non-emergency transport companies often run them alongside wheelchair vans.
Who Runs Ambulances, and Who Crest Finances
Ambulance services in the United States are run by local governments and fire departments, by hospitals and health systems, and by private companies ranging from local operators to national providers. Crest Capital's financing is for businesses: private ambulance companies, non-emergency transport operators, and healthcare businesses that run their own vehicles.
Equipment for the Ambulance
An ambulance service also buys the equipment that goes in the vehicle: powered stretchers and loading systems, monitors and defibrillators, and communications gear. Crest Capital also finances medical equipment for healthcare businesses.
New, Used and Remounted Ambulances
Many operators buy used ambulances, and many have a remount done: the patient module from an older ambulance is refurbished and set on a new chassis. New, used and remounted units can all be financed. Before buying a used unit, check the chassis mileage and service records and the condition of the module, its electrical system and its climate control.
What to Know Before You Apply
- Rates are fixed for the term, so the monthly payment is predictable.
- The financed ambulance serves as the collateral. On most transactions, there is no blanket lien on your other business assets.
- No financial statements are needed for financing up to $250,000.
- Approval and funding timing depend on the application and the transaction.
- Check Your Eligibility Instantly to see whether your business qualifies, with no personal-credit inquiry.
Frequently Asked Questions about Ambulance Financing
What types of ambulance financing options does Crest Capital offer?
Loans and leases for new and used ambulances, from $10,000 to $500,000, with fixed rates. Terms typically run from 24 to 84 months.
How fast can I receive financing approval from Crest Capital?
Start with the online eligibility check. Approval and funding timing depend on the application and the transaction.
Can Crest Capital finance both new and used ambulances?
Yes. Crest Capital considers new and used ambulances, including remounted units and ambulances bought from another operator.
Does Crest Capital require extensive documentation for ambulance financing?
No financial statements are needed for financing up to $250,000.
What credit profile does ambulance financing require?
Crest Capital finances established businesses with acceptable credit, and each application is reviewed on the business's history and credit. The online eligibility check involves no personal-credit inquiry.
What happens at the end of an ambulance lease?
That depends on the lease you choose. The end-of-term options are set out in the lease agreement before you sign it.
Ambulance Financing for Your Business.
Check Your Eligibility Instantly.
About 2 minutesNo personal-credit inquiryInstant answer