How to Raise Money for Medical Equipment: Best Options for Individuals, Businesses, and Nonprofits – Med Mart

Medical equipment can be costly—but whether you're helping a loved one, outfitting a clinic, or running a nonprofit, there are powerful funding options out there to help you make it happen. Here’s a breakdown of the best ways to raise money, tailored to your situation.

For Individuals (Helping a Loved One or Yourself)

If you're raising money for a personal medical need—like a mobility scooter, hospital bed, or home lift—these platforms and resources can get you started quickly:

GoFundMe
The most popular platform for personal medical fundraising. Simple to set up, easy to share, and highly trusted.
Facebook Fundraisers
Ideal for connecting with your immediate network. No platform fees, and fundraisers are visible to friends and family.
GiveSendGo
A faith-based alternative with zero platform fees. Great for church groups or those with religious communities.
Local Churches or Civic Organizations
Many churches and community groups offer support for medical needs, either through direct aid or local events like bake sales or silent auctions.

For Businesses (Clinics, Stores, Startups)

Need capital to buy equipment for a business? These options are geared toward helping healthcare businesses grow:

Kiva
Offers 0% interest microloans (up to $15,000) to small businesses—including those in healthcare or eCommerce.
Kickstarter / Indiegogo
Best for launching innovative medical products or assistive tech. Works well for products with a strong story or design element.
SBA or Bank Loans
If you have a solid business plan and decent credit, traditional financing might give you better interest rates and larger funding options.
Medical Equipment Financing Companies
Companies like Balboa Capital, National Funding, and Taycor Financial offer loans specifically for medical equipment—often with flexible terms.

For Nonprofits (Charities, Foundations, Community Groups)

Nonprofits have unique advantages when it comes to fundraising. These are some of the best tools and channels:

Classy or Donorbox
Both are purpose-built for nonprofit fundraising. They offer donation pages, campaign tracking, and donor management tools.
Grants
Apply for medical and healthcare grants from major organizations such as the Robert Wood Johnson Foundation or local hospital grant programs.
Corporate Sponsorships
Partner with local or national businesses that want to support a cause. Offer visibility, event naming rights, or social media promotion in return.