Partner with NCMIC to Secure Chiropractic Equipment Faster

May 9, 2024

The Advantages of Financing

Financing chiropractic equipment is a practical choice for practitioners aiming to enhance their service offerings without upfront financial burden. By choosing financing options like those provided by NCMIC, you can manage cash flow more effectively and keep financial reserves for other aspects of your practice. By managing cash flow more effectively through financing, chiropractic practitioners can ensure a steady stream of funds for their practice’s day-to-day operations and future growth. This allows them to invest in new equipment, hire additional staff, or expand their services, ultimately enhancing the overall quality of patient care.

Understanding Financing Value

Financing isn’t just about mitigating immediate costs; it’s about leveraging opportunities to expand and innovate within your practice. Here’s why financing can be a smart move:

Access to the Latest Equipment

Stay Current: Financing allows clinics to acquire the latest chiropractic technology without large initial investments, keeping treatments state-of-the-art.
Competitive Edge: With updated equipment, practitioners can offer superior care, attracting more patients and increasing revenue. This also helps clinics to gain a competitive edge in the market, as modern equipment leads to better outcomes and faster recovery time. Additionally, clinics can remain profitable by charging higher fees.

Financial flexibility and security

Cash Flow Management: Spread the cost of expensive equipment over time, easing the impact on your clinic’s budget.
Reduce Stress: With cash flow management, you won’t have to worry about unexpected costs and can plan for future expenses.
Access Capital Faster: With cash flow management, you can access capital more easily and with fewer restrictions.
Preserve Credit Lines: Financing keeps other credit sources available for emergency or operational expenses.

Simplified budgeting

Fixed Payments: Finance plans usually come with fixed rates, which simplifies budgeting by providing predictable monthly expenses.
Tax Advantages: Potential tax benefits as payments can often be deducted as business expenses.

Financing the Advanced Chiropractic Package

The current financing package available through NCMIC includes several key components that can significantly enhance a chiropractic practice:

Advanced Chiropractic Seminar: Priced at $1,500, this seminar is an essential investment for those looking to refine their skills and learn updated techniques.
The Ring Dinger® Table: At $8,999, this table is a cornerstone for chiropractic adjustments, known for its effectiveness and innovative design.
Team Ring Dinger® Signage: For $699, plus shipping, practitioners can own a certified Team Ring Dinger® sign, enhancing their marketability and practice’s appeal with a clear indicator they’re a part of the team.
Shipping and Taxes: Shipping costs are estimated based on location, with an example cost of $1,600 from the manufacturer in Pennsylvania, plus applicable Texas state sales tax of 8.5%.

Financial Benefits and Tax Advantages

The package is not only a career investment but also has potential tax benefits. The Ring Dinger® table qualifies for a federal ADA tax credit, covering 50% of the cost. This can significantly offset the initial investment. Practitioners can potentially recover their costs quickly by performing as few as 45 adjustments, underlining the financial efficiency and return on investment of this package.

NCMIC’s Fast Financing

NCMIC’s approach to financing, with options like same-day credit decisions and no prepayment penalties, provides flexibility and speed not often found with other financiers. This means you can make decisions faster and take advantage of opportunities as they arise, without lengthy wait times.

Who is NCMIC?

NCMIC is a prominent provider of financial and insurance services, catering to healthcare professionals, especially chiropractic professionals. Their focus on the chiropractic industry has made them a trusted partner for practitioners seeking financial stability and growth opportunities. NCMIC supports chiropractic research and education through grants and scholarships.

Quick decision making

Rapid Approvals: Receive financing decisions within hours, not days, speeding up the purchasing process.
Minimize Downtime: Quick financing approvals mean less time without equipment.
Save Money: Fast financing approvals mean more equipment savings.
Flexibility: Quick financing approvals mean more equipment purchases freedom.

Investing in Your Practice’s Future

Financing your chiropractic equipment is not just a necessity; it’s a strategic choice that can define your practice’s future trajectory. With the right financing plan, you can maintain liquidity, upgrade your equipment continuously, and ensure that your practice remains at the forefront of chiropractic care. This proactive approach to practice management supports financial health and enhances patient care quality. Apply with NCMIC today!