September 1, 2005
by Dental Practice Management
Burnaby, BC–Qualica Financial Group Inc., a small-ticket, specialty finance organization based in Burnaby, has partnered with MCAP, Canada’s largest independent mortgage and equipment finance company, to offer healthcare financing products to medical and dental professionals throughout Canada.
As a new member of the MCAP Healthcare Network, Qualica becomes the exclusive provider of healthcare financing products in British Columbia, Manitoba, Yukon, Northwest Territories and Nunavut.
“We are pleased to have partnered with Qualica Financial,” says Eugene Bassolini, President of MCAP Leasing. “The company is a proven lease service provider and we are confident in their ability to deliver first class and local service to healthcare professionals across Canada.”
“It is a great opportunity and a milestone in our growth strategy to have the backing of Canada’s leading mortgage and equipment finance group,” says Grant Damery, Qualica Financial President and CEO. “This partnership allows us to leverage MCAP’s financial strength with our distribution network to provide the best and most competitive financing solutions to the healthcare industry.”
Equipment lease financing provides healthcare practitioners with a number of benefits including 100 percent financing, flexible repayment terms, lower monthly payments, preservation of existing lines of credit, possible tax benefits, sale lease back arrangements.