BMO Harris Equipment Finance Company announced today that it has hired David Sook to create a financing unit within the Equipment Finance team that is focused solely on the healthcare industry.
 
"Our focus on healthcare will provide our Equipment Finance customers with customized financing alternatives, access to capital and specialized expertise," said Jud Snyder, Managing Director and Head, BMO Harris Equipment Finance Company. "David brings a wealth of experience in healthcare finance, and we see significant growth opportunities within this sector throughout the country."

Medical equipment represented over 7% of all equipment financed in the US in 2010, which represents a $4.5 billion industry, and the outlook for future growth is very positive.
 
David Sook has over 23 years of experience working in the financial services sector, focused on healthcare providers throughout that time. He has been with PNC Financial for the past ten years. His most recent role was Senior Vice President, where he led a team of business development officers, program managers and documentation specialists to expand PNC's presence in both the vendor and direct healthcare markets.