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QuickMedical Launches Medical Equipment Lease Program With Providence Capital
Date:3/10/2010

The demand for new medical equipment continues to increase among heath care facilities. QuickMedical has recognized the need to offer hospitals, medical clinics, and other health care facilities the option of leasing new medical equipment versus paying cash or long-term high interest rate financing.

Issaquah, WA (PRWEB) March 10, 2010 -- With the continued fluctuations in interest rates, slowing of the economy, and competition for new patients, a number of hospitals, dental and medical clinics are struggling with reduced cash flow and the dilemma of how to purchase new medical equipment to meet the needs and requests of their patients.

"The healthcare industry continues to remain strong with the increased need for new and updated medical equipment," said Freddy Jalilvand, Sr. Account Executive for Providence Capital Funding. "For many health care facilities, profit margins and cash flow are lower and the cost of providing newer medical equipment is higher. At the request of their customers, QuickMedical made the decision to offer a medical lease program designed specifically for hospitals, medical clinics and other health care facilities."

One of the fastest growing and most popular ways to finance medical equipment is through a lease program. Current data suggests that of the majority of medical equipment sold to a medical practice; at least 50% was leased. Why pay cash for a piece of medical equipment when the business can pay little or nothing down and have the revenue generated by the medical equipment pay for itself?

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