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.”
Monitor 100 2018
It used to be so easy. Lessors would attach schedules of casualty values and early termination values to an equipment lease agreement. These values typically were expressed as a percentage of the lessor’s cost of the items of equipment suffering... read more
Monitor 100 2018
Recently, The Alta Group and The Alta Group-EMEA (Invigors) completed a digital benchmark study aimed at understanding the current state of digitalization within the equipment leasing industry. We engaged a diverse set of lessors across industry sectors and geographies. The... read more