PNC Equipment Finance has the industry expertise and leadership, the strength of PNC's funding resources and the equipment financing capability to deliver cutting edge solutions to meet the unique needs of today's healthcare providers.
We've become a $1 billion leader in healthcare finance by dedicating resources and equipment expertise to the unique challenges of the healthcare industry for over two decades. We give healthcare providers, hospitals and health systems expert consultative guidance, market feedback on equipment pricing and information about the latest technology trends, which allows them to make the most informed equipment acquisition decisions.
Our healthcare finance team delivers flexible financing options that lower cost, conserve cash, and minimize clinical, technical, and operational obsolescence. PNC Equipment Finance has the industry expertise and leadership, the strength of PNC's funding resources and the equipment financing capability to deliver cutting edge solutions to meet the unique needs of today's healthcare providers.
Having financed over $1 billion in medical equipment, we have an intimate knowledge of equipment pricing, vendors and technology trends specific to the healthcare industry.
We know the complexities of the healthcare industry as well as the financial, technological, clinical, organizational and regulatory concerns providers face.
We develop creative equipment financing solutions that account for decreasing budgets and an increasing need for capital. By forging strong relationships with our business partners, we have created some of the most innovative programs in the industry, including equipment-specific financing solutions for technology assets, master lease agreements, and all-inclusive integrated services packages.
We specialize in delivering comprehensive financial products and services customized for each healthcare provider by making an analysis of your institution's capital needs. These tailored vendor-independent solutions will efficiently streamline the equipment financing and acquisition process for you. Our consultants' knowledge of both historic and recent healthcare technology financing issues enables us to serve as your innovative strategic partner.
Healthcare Industry Challenges
Rapid technological advancements, new regulatory requirements, widespread consolidation, and market dynamics have changed the way healthcare providers do business and deliver patient care. Our healthcare professionals will provide solutions to help you manage today's healthcare industry challenges:
The PNC Equipment Finance healthcare team delivers flexible financing options to healthcare providers that lower cost, conserve cash and minimize clinical, technical and operational obsolescence.
We provide a wide variety of equipment management and financing alternatives, some of which include:
Our programs are designed to match your revenue stream and needs. Our most popular lease types and programs include:
Operating lease - An operating lease is particularly attractive when clinical, technical, or project risks make it necessary to update or replace equipment frequently, allowing equipment use without ownership, and return of equipment at lease-end to avoid technological obsolescence.
Hybrid-structure leases - Sometimes the best structure is actually a customized combination of several types of financing.
Services pass-through program - A lease structure where a specific amount of the monthly lease payment is allocated to the upkeep, service, software or support of the leased equipment.
Sale leaseback - Free up much-needed cash with a sale leaseback of your currently owned medical equipment. Often used on equipment with shorter life cycles.
Municipal/tax-exempt financing - Instruments that enable a tax-exempt entity to use annual tax revenue streams to make payments at lower tax-exempt interest rates.
Capital leases - Ideal for lessees who want ownership with a pre-specified buyout.
Integrated Services Agreement® - The ISA is an all-encompassing financial solution that bundles a variety of products and services into one monthly payment.
PNC Equipment Finance is dedicated to serving quality medical equipment vendors in the healthcare industry. We provide our lease financing expertise to customers nationally for a wide variety of equipment and financing solutions.
With PNC Equipment Finance as your financing partner, you can take advantage of our ongoing transaction support, state-of-the-art web-based technologies and personnel infrastructure, provided by our sales, credit, accounting and customer service specialists. We partner with vendors, manufacturers and distributors of healthcare equipment to provide the financing your customers want, and the ongoing transaction support that your company needs.
We provide unparalleled support for vendors:
For equipment vendors, leasing gives customers the convenience of one-stop shopping for equipment and financing, a competitive advantage that translates straight to your company's bottom line. PNC can tailor a program that promotes your sales and repeat business.
Private label and co-branded programs that allow you to co-market your products with ours and creative products to meet your sales needs such as:
An equipment financing program provides priceless opportunities to build lasting customer relationships. It also allows your reps to close deals faster - increasing revenue volume and cash flow. PNC manages the credit risks and simplifies receivables, making leasing the top choice of savvy healthcare professionals. Our services include private label collections and web-based customer service, as well as co-branded leases to co-market your products with ours.
PNC Equipment Finance provides capital for:
Mark D. Tambussi
Senior Vice President