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First American Equipment Finance Announces Increased Services to the Healthcare Industry

First American Vendor Finance works with healthcare equipment manufacturers, distributors, dealers, and Value-Added Resellers (VARs) to provide financing tools to meet the unique needs of their end-user customers.

"Embedding First American's financial solutions into a manufacturer's business model can help them sell additional equipment and software solutions," said Daniel Krajewski, Senior Vice President of First American Vendor Finance. "With First American, our comprehensive knowledge of the healthcare industry allows us to work with manufacturers, dealers and distributors to structure lease and loan financing for their customers - whether the need is a simple or complex (including multiple locations, multiple technologies, and extended delivery timelines)."

Manufacturers and channel partners wishing to provide tailored customer financing for equipment - such as medical and laboratory devices, surgical technology, radiological equipment, telecommunications equipment, specialized software programs, and electronic medical records - can take advantage of this new platform.

"First American Equipment Finance has provided customized, high-quality equipment leasing and financing services to leading hospitals, educational institutions, and corporations throughout the U.S. for nearly 20 years," said William Verhelle, CEO. "We are pleased to expand our customer-focused business model to include Vendor Finance. It is the next logical step in our longtime commitment to the healthcare industry."

About First American

First American Equipment Finance is headquartered in Fairport, New York and has customers in all 50 states.

First American Equipment Finance is an experienced lessor specializing in the healthcare, insurance, education and legal industries and is ranked among the 100 largest leasing companies in the U.S. First American has a proven reputation for professionalism and outstanding customer service among large, sophisticated commercial borrowers located throughout the U.S.

First American Equipment Finance
Karen Pomazal, 312.280.4575
karen.pomazal@faef.com