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

mber of medical practices could possibly afford to pay cash for new medical equipment, but the question is why?" said Scott Hanna, CEO of QuickMedical. "A growing hospital, start-up medical clinic, a medical practice with little cash flow, or a practice that has experienced exceptional growth may not have the cash or the desire to tie up money in a large down payment or long-term financial obligation. Leasing is a way to leverage money and invest it in other revenue generating ideas that cannot be financed; or the money can be saved to cover expenses during an economic slowdown."

As a national distributor of medical supplies and equipment since 1993, QuickMedical has been experiencing strong sales and customer growth. By adding new product lines and a new leasing program, QuickMedical can provide additional value to their existing services while meeting ongoing customer requests for new products that will increase distribution channels and help to reduce overall customer cost.

"Our objective with our new lease program is to reach our existing QuickMedical customers who wish to purchase new medical equipment, but do not have the cash and/or the desire to make a large up-front down payment", said Mr. Hanna. "Now that we have added a new line of Gendron Bariatric medical equipment, a lease program makes perfect sense."

"We believe that with our new lease program a medical practice or health care facility can now obtain the <
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