Med One Group reported more than $20 million in lease originations in November, marking the strongest month of 2017 for the independent equipment leasing company.
According to Med One, November lease originations were done in partnership with 10 major medical device manufacturers and more than 40 different hospitals and healthcare facilities throughout the U.S. Although the equipment financing industry started the year with uncertainty, the capital investments in healthcare regarding technology and software have grown and continue to grow into the last quarter of the year.
In addition, Med One added three new field-based leasing representatives: Tony Brown in Georgia, Alfred Mugno in New York and Brian Nappi in California. These individuals will work with Med One’s existing customer base to address additional needs, and search for new opportunities in their assigned territories.
Robb Stevens, senior vice president and director of Equipment Leasing for Med One, said, “Our leasing team has worked hard this year to create new opportunities for the company, so our November results are really the harvest of that effort. We also expect great things from our new field representatives and believe they will have a tremendous impact in the months and years ahead.”
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!