BNP Paribas Leasing Solutions has signed a
vendor finance partnership with global aesthetic device company
Syneron Medical to cover its major European markets.
The framework agreement will initially cover
France, Italy, Spain, Portugal, Germany and the UK, with plans to
expand into additional countries in the future.
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It follows a cooperation agreement between the
two companies in North America. The French lessor said that the
partnership will provide Syneron’s customers – including
dermatologists, plastic surgeons, and family practitioners – with
better overall choices for equipment acquisition and financial
products.
Both companies said they expect to benefit
from the market growth for medical aesthetic devices. BNP Paribas
Leasing Solutions said in a statement: “This market expansion is
expected to be driven by an increasing number of consumers, growing
demand for non-invasive procedures, continued technological
innovation and focus on direct to consumer marketing.”
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