FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


NFS Leasing Supports Velico Medical in Transforming Transfusion Medicine and Saving Lives

May 31, 2023, 05:08 AM
Filed Under: Equipment Finance News

NFS Leasing extended its financing support to Velico Medical, a clinical-stage medical and scientific technology company that is working to reduce the number of preventable deaths caused by bleeding. Over the past 10 years, NFS Leasing has provided multiple equipment leases to Velico Medical, including financing for diagnostic equipment and manufacturing equipment. Most recently, NFS Leasing provided a $400,000 lease to refresh Velico's office with new furniture and equipment to support their growing team.

"NFS Leasing has been a key partner for Velico Medical," said Mark Barbera, Chief Financial Officer, Velico Medical. "Their financing support has contributed to our success, and we value their long-term partnership. We required an active partner that could offer financing solutions for different types of equipment over time, and NFS Leasing did just that. Their expertise and commitment to our mission have been invaluable."

Velico Medical is developing a novel dry plasma manufacturing system that hopes to equip blood centers around the world to produce point-of-care, dry plasma products for transfusion. Their mission to minimize preventable bleeding-related deaths will potentially make a significant impact, and NFS Leasing is proud to support their efforts.

“NFS understands the significance of being an engaged partner, offering solutions that help customers grow and prosper,” said Rich Vassallo, Vice President Business Development, NFS Leasing, Inc. “We have collaborated with Velico for ten years now and are excited to continue supporting their remarkable objectives. Working with customers like Velico is an incredibly satisfying experience for me and NFS Leasing as a whole.”

The recent financing provided by NFS Leasing enabled Velico Medical to refurbish their office with new office furniture and equipment, which has had a transformative effect on their mindset as they strive to transform lives. The new workspace has improved their work environment and productivity, and they are grateful for NFS Leasing's continued support.

For more equipment finance industry news visit Equipment Finance Advisor.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.