In a news release, medical equipment distributor QuickMedical said it has launched a new leasing program with Providence Capital.

“The healthcare industry continues to remain strong with the increased need for new and updated medical equipment,” said Scott Hanna, CEO at QuickMedical. “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 our customers, QuickMedical made the decision to offer a medical lease program designed specifically for hospitals, medical clinics and other health care facilities.”

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 now an equipment leasing program, QuickMedical continues to add value to their existing services while meeting ongoing customer requests for new products and services that will increase distribution channels and help to reduce overall costs.

“Our objective with the new lease program is to reach QuickMedical customers who wish to purchase new medical equipment, but do not have the cash and/or desire to make a large up-front down payment,” said Loren Timmons, marketing director at QuickMedical. “Since we have added so many new medical equipment lines to our inventory, customer request for leasing continues to grow.”

Issaquah, WA-based QuickMedical is a distributor of a complete line of diagnostic equipment, exam tables, weighing, measuring devices, and medical basics such as stethoscopes, thermometers and sphygmomanometers.