BNP Paribas Leasing Solutions and Canon Medical Systems Europe B.V., manufacturer of diagnostic medical imaging products, systems and technologies, announced the signature of a European partnership aiming to promote the circular economy by giving a new life to medical imagery equipment used for MRIs, computed tomography, interventional imaging, radiography and even ultrasound.
This partnership will allow Canon Medical to offer its customers the possibility to no longer buy their medical imaging devices but to rent them at a much more affordable price that takes into account their residual value, i.e. the value of the equipment at end of contract. Their customers will therefore no longer need to finance the total cost of the equipment. A win-win financing solution that will be offered by BNP Paribas Leasing Solutions across multiple countries in Europe: in France, Germany, Austria, Belgium, Spain, Italy, the UK, the Netherlands, Portugal, Switzerland and Sweden. Canon Medical is one of the world’s top four manufacturers of medical imaging devices and offers a complete range of equipment and solutions in the market.
A Partnership at the Heart of the Circular Economy
Both partners will distribute and finance equipment with high residual value and therefore create a large refurbished market of high-quality controlled devices. Medical imaging devices retrieved at the end of the rental period will be refurbished at the office in the Netherlands, only to be marketed again, after extensive technical tests ensuring a high level of quality. An operation that will go on to significantly reduce the environmental footprint and conserve the scarce resources needed to manufacture these products in the first place.
“After the joint venture with 3 Step IT to develop circular economy-based solutions for smartphones and other IT devices, this partnership with Canon Medical Systems will further enable BNP Paribas Leasing Solutions to extend its know-how in the healthcare sector. The value of medical imaging devices is quite high, even for refurbished equipment. We saw an opportunity within this market reality, an opportunity to offer an attractive financing solution that would also contribute to the preservation of resources. This partnership is a concrete proof of our commitment, and that of the BNP Paribas Group, towards the promotion of sustainable growth,” said Charlotte Dennery, CEO of BNP Paribas Leasing Solutions.
“Thanks to this partnership with BNP Paribas Leasing Solutions, our teams will be able to offer our customers a solution that not only meets their expectations with innovative equipment offered at preferential rates, but also allows them to reduce their environment footprint by promoting the use of equipment rather than its ownership. And by refurbishing our devices ourselves, we guarantee our customers the highest quality,” said Mark Holmshaw, President and CEO of Canon Medical Systems Europe.