EndoChoice Holdings announced that it has entered a strategic partnership with De Lage Landen Financial Services, Inc. of Wayne, PA (DLL) to provide a new financing program for EndoChoice customers in the United States. The new program, known as EndoChoice Capital, will provide flexible lease financing for the Fuse endoscopy systems and other products and services sold directly by EndoChoice. EndoChoice Capital will be supported by dedicated sales and credit teams that will assist customers with their ongoing financing needs.
"EndoChoice Capital will expand financing options available to our customers and strengthen our overall position in the marketplace. We will now be able to provide a comprehensive package of products, services and financing options and distribute those options in a seamless way to our customers," said David N. Gill, Chief Financial Officer of EndoChoice.
"With more than 50 years of experience providing tailored leasing solutions to some of the largest and most successful medical equipment companies, DLL has the expertise to provide EndoChoice customers with comprehensive financing solutions, plus best-in-class service," Gill said. "DLL has extensive experience in the diagnostic imaging and surgical equipment markets and has formed similar financing programs with several other health care equipment manufacturers."