At Wells Fargo Equipment Finance, we're committed to the success of your healthcare company. We take the time to understand your business needs and goals and focus on building strong, long-term relationships so that we can support your business now and for years to come.
Our customized loans, leases, lines of credit, and tax-exempt financing options can help you purchase the equipment, tenant improvements, and technology that are critical to your ability to remain competitive without sacrificing your cash flow or bottom line. Whether you are planning for a complex expansion, upgrading your equipment, or implementing a new EHR system, we can help. We offer:
- Financing up to 100 percent of equipment cost and related tenant improvements
- Capital and operating leases with off-balance sheet options
- Loans, lines of credit, and tax-exempt financing
- Terms up to 10 years
- Step-up monthly payment structures
- Rate locks on fixed or floating interest rates
- Pro rata and corporate guaranties
- Financing for complex expansion projects, equipment acquisitions, and new technology, including EHR
- Equipment manufacturer and software provider vendor finance programs, from referral-only to portfolio purchase program
We provide financing for a variety of healthcare organizations, including:
- Health systems and hospitals
- Ambulatory surgery centers
- Hospital and physician joint ventures
- Oncology facilities
- Imaging centers
- Physician groups
From EMRs to MRIs to linear accelerators and HVAC systems, we can help you purchase or lease the medical equipment you depend on.
Fierce Health IT, September 30, 2015
"Medical devices used by healthcare organizations are vulnerable to attack and left exposed online--thousands of them, according to security researchers."
Healthcare Finance, September 25, 2015
"Uptick due to the federal meaningful use program and its mandate to switch to digital records."
Becker's Hospital Review, September 03, 2015
"What is the biggest change on the horizon for ASCs? How can ASC owners and operators overcome the challenges and prepare for the future?"
HFMA, August 28, 2015
"Results for the final round of preparedness testing for the ICD-10 code set switch showed stagnant acceptance rates below the Medicare average."
Healthcare Finance, August 27, 2015
"For many healthcare providers, the shift from fee-for-service payments requires a number of strategic and systemic changes."
Health Leaders Media, August 19, 2015
"As many as 20% of hospitals will seek mergers over the next five years, and none of the 306 hospital referral regions in the United States is considered "highly competitive"."
Becker’s Hospital Review, August 19, 2015
"If any individual in the C-suite will feel the effects of ICD-10 most prominently, it will be the hospital CFO."
Healthcare Finance, August 17, 2015
"Hospital-based wellness centers, once seen as marketing tools for innovative health systems, have become a major part of a hospital's population health management program in the era of quality over quantity of care."
Becker’s Hospital Review, August 14, 2015
"CMS announced Thursday that more than 2,100 acute care hospitals, skilled nursing facilities, physician group practices, long-term care hospitals, inpatient rehabilitation facilities and home health agencies transitioned from a preparatory period to a risk-bearing implementation period in which they assumed financial risk for episodes of care."
Healthcare Finance, August 11, 2015
"Many are wary that any one vendor will be able to fill the needs of hospitals."
Whether you’re planning an expansion of your facility or seeking to upgrade your technology, our experienced medical equipment specialists will work with you to tailor an equipment strategy that meets your needs.
Senior Vice President and National Sales Manager
Based in Minneapolis, Mike leads a team of sales, documentation, credit, and underwriting officers who specialize in providing healthcare equipment finance strategies. Mike has been with Wells Fargo since 1996.
612-667-5418 | email@example.com
Senior Vice President and Specialty Markets Manager
Also based in Minneapolis, Peter has years of experience in the healthcare finance industry and is a frequent speaker for the Equipment Lease and Finance Association and healthcare conferences.
612-667-0295 | firstname.lastname@example.org
Colorado, Nebraska, Iowa, Illinois, Indiana, Ohio, Kansas, Missouri, Kentucky
Based in Buffalo Grove, IL, Brad has more than 25 years of experience. Before Wells Fargo, he was a VP at MarCap, providing equipment and project financing to healthcare companies.
847-215-8644 | email@example.com
California, Hawaii, Utah, Nevada, Arizona
Based in Laguna Niguel, CA, Roman has been working in the industry for more than 15 years. In his previous role at CIT Healthcare, he managed all equipment financing and marketing.
949-495-4811 | firstname.lastname@example.org
Pennsylvania, Virginia, West Virginia, North Carolina, South New Jersey, Delaware, Maryland
Based in Exton, PA, Barbara has spent more than 35 years in the healthcare finance industry. She’s also worked for a medical systems manufacturer and as a radiological technologist.
610-594-2751 | email@example.com
North Dakota, South Dakota, Minnesota, Wisconsin, Michigan
Based in Oconomowoc, WI Rick has spent 20 years working in equipment financing, with previous work at GE Capital Healthcare Financial Services, where he implemented taxable and tax-exempt lease and loan financing.
262-232-4317 | firstname.lastname@example.org
Tennessee, Mississippi, Alabama, Georgia, South Carolina, Florida
Based in Norcross, Ga., Kurt is a 30-year industry veteran. Prior to joining Wells Fargo, he was a VP at Siemens Financial Service, originating healthcare-related real estate and equipment loans and tax-exempt private placement bonds.
404-661-6819 | email@example.com
Washington, Oregon, Idaho, Montana, Wyoming, Alaska
Based in Seattle, Cheryl is also a 30-year industry veteran, having served previously as VP of Healthcare Finance for PNC Equipment Finance, and VP at Citigroup Healthcare and Energy Finance.
206-829-8797 | firstname.lastname@example.org
Oklahoma, Texas, Arkansas, Louisiana
Another 30-year veteran, Floyd is based in Dallas, TX. New to Wells Fargo, Floyd was previously the CEO of Starlight Capital Markets, and before that served as SVP of Fleet Healthcare Finance.
214-740-1315 | email@example.com
Central and North New Jersey, New York, Connecticut, Massachusetts, Rhode Island, New Hampshire, Vermont, Maine
Based in New Jersey, Cheryl has served as CFO of a hospital and finance director for an HMO. She has more than 25 years of experience in healthcare finance, and is an HFMA Fellow.
609-259-3363 | firstname.lastname@example.org
Based in Minneapolis, Julie serves as the internal contact and primary backup to each of the healthcare group territory managers listed here. She has been with Wells Fargo for eight years.
612-667-1674 | email@example.com