FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


GE Capital Grows U.S. Healthcare Financing 20% in 2014

January 13, 2015, 07:00 AM
Filed Under: Healthcare

GE Capital’s Healthcare Financial Services (HFS) business provided more than $10.5 billion in financing to customers across more than 240 transactions in 2014, an increase of 20% percent from the prior year. For the third consecutive year, GE Capital was the No. 1 lead arranger for healthcare financings up to $1 billion in size, according to Thompson Reuters.

HFS is active across 45 healthcare segments — including senior housing, outpatient services, pharmaceuticals, medical devices, hospitals and medical offices, and life sciences — financing acquisitions, refinancing existing debt, supporting working capital needs and funding early-stage commercialization efforts.

“While many segments in the healthcare industry are experiencing major changes and consolidation, others are part of a remarkable technology-driven expansion phase,” said Darren Alcus, president and CEO of GE Capital, Healthcare Financial Services. “Across all these sectors, we expect to see a high level of ongoing demand for debt financing in 2015.”

HFS supports healthcare companies in three broad areas: corporate finance, real estate finance and venture debt for life sciences companies.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.