CIT Group (UK) Limited has financed the purchase of $8.1m (£4m) of equipment for Genolier Swiss Medical Network (GSMN), the healthcare division of AGEN Holding SA, Switzerlands second largest private clinic group
CIT Group (UK) Limited has financed the
purchase of $8.1m (£4m) of equipment for Genolier Swiss Medical
Network (GSMN), the healthcare division of AGEN Holding SA,
Switzerland’s second largest private clinic group. The vendor
financing agreement has enabled GSMN to purchase vital medical
equipment without the burden of a large initial financial outlay.
GSMN serves the global premium private healthcare market, caring
for private clients from around the world. The vendor financing
agreement was established to update the healthcare equipment in
GSMN’s four hospitals.
CIT provided financing for the purchase of new equipment on GSMN’s
behalf, for key healthcare equipment providers including Philips
Healthcare, Varian Medical Systems, Stryker, FUJIFILM and
others.
The deal was led by Yannis Skiadas, new relationship development
manager and Christian Bernhard, sales director Northern Europe of
CIT Vendor Finance Europe.
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