Demand for quality healthcare services keeps growing. Our medical equipment financing programs are beneficial in upgrading facilities and expanding new services for Healthcare Service Providers without stress on their working capital. Moreover, it will be a valuable tool for Medical Equipment Distributors to benefit from the right opportunities and fuel their business growth.
Our credit risk experts carefully study the financial reports, cash flow statements, and break-even analysis and offer a credit solution (i.e., credit terms, limit, and interest rate). Usually, a personal guarantee from the director and monthly financial reporting is required.
The client is an end-to-end laboratory system supplier. They can provide layout drawings to complete sets of furniture and equipment for the laboratory. They had a contract with Public Health Administration Department to supply the Glassware, Chemical & Culture Media. Pluses provided a non-collateralized loan of 160 million MMK for four months to the client for supplier invoices payment.
The client is one of the leading private clinics in Mandalay. They have provided diagnostic and laboratory services since 2011. They plan to upgrade a digital X-ray system, and we have provided them with a 100 million MMK Medical Equipment Financing Loan. The loan period is 18 months with a quarterly repayment schedule.
