Medtronic Financial Services

Captive finance company based in Minneapolis, Minnesota.

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Medtronic Financial Services offers financing to hospitals and healthcare facilities buying Medtronic capital equipment, such as surgical and imaging systems. Its programs include capital and operating leases, fee-per-use arrangements tied to procedure volumes, and custom structures, with service, maintenance and insurance able to be bundled into the payment. It operates within Medtronic, whose operational headquarters is in Minneapolis, Minnesota.

Profile

TypeCaptive or vendor finance
HeadquartersMinneapolis, Minnesota
Websitewww.medtronic.com/en-us/healthcare-professionals/services/financial-services.html
ParentMedtronic plc
ProductsFinance ($1 buyout) leases, Fair market value leases, Vendor finance programs
SectorsHealthcare and medical

Sources: Medtronic.

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