Distalmotion and First Citizens Bank's Healthcare Equipment Finance group today announced a new financing program designed to provide hospitals, ambulatory surgical centers and other healthcare providers with lending and leasing solutions for Distalmotion's advanced robotic surgery technology.

A leader in MedTech innovation, Distalmotion created the DEXTER Robotic Surgery System to provide the benefits of robotic surgery to more patients in outpatient sites, where traditional soft tissue robots do not meet their physical, operational or financial needs. The company is headquartered in Lausanne, Switzerland, with U.S. offices in Cleveland, Ohio.

"Working together enables us to meet demand for DEXTER in the unique outpatient surgery market by providing our customers with flexible financing options," Distalmotion CEO Greg Roche said. "First Citizens' financing expertise and understanding of our customers' desire to seek flexibility beyond cash made them the right choice for us and our customers."

"We are thrilled to collaborate with Distalmotion by providing financing solutions that support their growth and continued leadership in robotic surgery innovation," said Joseph Turner, who leads strategic market development at First Citizens Bank Equipment Finance.

"We were pleased to leverage our expertise, agility and industry knowledge in the healthcare sector to support this important vendor program," said Todd Beaver, who leads the healthcare equipment finance group at First Citizens. "We recognize the value of Distalmotion's innovative technology and look forward to a long and successful relationship supporting our client and their customers."

As the healthcare industry increasingly shifts to an outpatient delivery model, the Healthcare Equipment Finance group draws from its strong history in healthcare banking and financing to serve this fast-moving sector.