Thursday, February 18, 2010

First Star Capital Expands Financial Services in Medical Sector

First Star Capital, an established national leader in the commercial equipment financing industry, is expanding its services in the medical equipment financing sector. The company has taken a variety of steps to focus on the specific financing needs of the medical and dental community, offering alternatives to traditional bank loans. They have announced that they have set aside significant funding resources to allocate to this division, increased lending limits for the application only programs, implemented a new working capital program and launched a comprehensive new website dedicated to medical and dental professionals. (www.firststarmedicalfinance.com).

The medical and dental industry has always been one of the company’s strongest performing sectors. “We recognized an opportunity to expand upon something that has always been a strong performer for First Star”, says President Brad Harmon. “We’re excited to ramp up our focus, allocate greater resources and provide more expanded financing options for medical practices and medical equipment vendors in a time when capital is scarce.”

In addition to adding more staff to service the growing division, First Star has launched a new website specifically for the growing medical equipment finance division (www.firststarmedicalfinance.com). “The new website was designed to showcase our expertise in medical equipment financing and provide medical professionals a comprehensive financing option for needed equipment replacements and/or additions. The site provides a thorough overview of the different types of medical lease and finance options available, tax benefits, payment calculators and all of the relevant credit and application documents”, says Harmon.

# # #

First Star Capital is an established firm that has financed thousands of different businesses across the country and has funded hundreds of millions of dollars worth of capital equipment. They are an independent commercial lender with a specialty focus in equipment financing and leasing. First Star Capital is a direct lender with the ability to quickly and efficiently fund new financing requests between $10,000 and $10,000,000.

No comments: