TIAA Bank and GE HealthCare signed an extension to their vendor equipment finance agreement that delivers financing solutions for GE HealthCare’s U.S. customers. Under the terms of the extension, TIAA Bank and GE HealthCare teams will continue to work together to originate and service healthcare finance transactions for at least the next two years.

The companies have collaborated closely for several years to provide financing for critical technologies, such as imaging, monitoring, respiratory, surgical, ultrasound and lab equipment. The ongoing agreement with GE HealthCare is a centerpiece of the bank’s vendor equipment finance business.

“We’re thrilled to continue our equipment financing collaboration with GE HealthCare,” Ellen Comeaux, commercial division leader at TIAA Bank, said. “Over the years, we’ve developed deep relationships with the team, and we’re excited to continue to move the program forward, providing solutions tailored for GE HealthCare customers.”

“All of us at TIAA Bank remain highly committed to providing innovative financing solutions that enable the delivery of best-in-class medical technologies resulting in better patient care,” Justin Tabone, vendor equipment finance origination leader at TIAA Bank, said. “Understanding your customer means everything in this business, and together with GE HealthCare, we’ve put together a team that works tirelessly to meet customers’ unique goals, concerns and financing needs.”