GE Capital Expands Equipment Leasing Facility to Hospedia

GE Capital’s Healthcare Finance division has agreed to expand its equipment leasing facility to UK-based Hospedia, the world’s leading provider of point of care systems in healthcare, including media, information, clinical support software and infrastructure services.

GE Capital initially provided a leasing facility of £8 million ($12.6 million) to Hospedia in September 2011 and continues to provide more funding, having recently put in place an additional £2 million ($3.2 million). The latest round of financing will be used to support further investment in the next generation of bedside terminals and the roll-out of a range of information and clinical support software including Extramed’s Patient Flow management system.

The total financing package agreed to date with Hospedia represents one of the largest equipment finance deals by GE Capital in the UK in the past year.