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


Med One Reports Strong November Originations, Adds Three Leasing Reps

December 07, 2017, 07:12 AM
Filed Under: Industry News

With over $20 million in lease originations, November came to a close as the strongest month of 2017 for Med One.  November lease originations were done in partnership with 10 major medical device manufacturers and over 40 different hospitals and healthcare facilities throughout the United States.  Each of the lessees now have new healthcare technology that can better address the needs of their patients. Although the equipment financing industry started the year with uncertainty, the capital investments in healthcare regarding technology and software have grown and continue to grow into the last quarter of the year.

According to Med One, as the year has progressed, hospitals have trended toward a greater need of financial support and access to capital. Med One has responded by adding three new field-based leasing representatives to its equipment leasing team: Tony Brown in Georgia, Alfred Mugno in New York, and Brian Nappi in California. These individuals will work closely with Med One’s existing customer base to address additional needs, and search for new opportunities in their assigned territories.  Their efforts will allow Med One to offer customized solutions to healthcare facilities in their respective areas.

Robb Stevens, Senior Vice President, Director of Equipment Leasing, shared remarks on the recent success. “Our leasing team has worked hard this year to create new opportunities for the company, so our November results are really the harvest of that effort.  We also expect great things from our new field representatives and believe they will have a tremendous impact in the months and years ahead.” 

Comments From Our Members

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