Wells Fargo and Company has bought an estimated $730 million in loan and lease receivables from GE Healthcare Financial Services. The company’s operating unit, Matsco which provides for the financial needs of healthcare professionals, will be in charge of handling the receivables.
We look forward to offering these new customers the outstanding service and broad range of products that Matsco and Wells Fargo are known for, says Allison Farey, Matsco president. Matsco becomes a leading lender for customers in the dental and eye care sectors with our acquisition of these receivables. We view this as an area with great potential for future growth.
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