Financing Structure with Export Credit Agencies
How does a hospital easily access hard currency to acquire medical equipment?
How can a hospital better manage cashflows and protect existing credit capacity, while keeping the flexibility to make changes in technology investments?
How can a hospital ensure that the interest rate on equipment investments is competitive?
What is ECA?
It is a credit financing structure with Export Credit Agencies (ECA) that allows cross-border customers to gain access to hard currency financing for purchasing Philips medical equipment. Philips Capital works through a global network of ECAs such as Atradius, OeKB, Ashra, and US EXIM Bank to arrange credit facility for exports.
How does it work?
Governments establish ECAs to promote exports out of their country. Philips helps arrange ECA funding through its network of partners.
We have two ECA credit financing structures available designed to address your healthcare investment challenges.
Atradius Dutch State Business is proud to partner with Philips and Philips Capital to support healthcare businesses with export credit insurance for medium-long term financing of essential medical equipment."
Edgar Bes
Senior Export Credit Specialist for Key Accounts at Atradius Dutch State Business
ECA Supplier Credit
Better healthcare starts with reliable financing
ECA Buyer Credit
Protect what matters with innovative financing
Testimonies
Learn how our customers have brought their healthcare vision to life with a trusted financial partner who understands their needs.
With the support of Philips Capital [via Supplier Credit financing with Export Credit Agencies (ECA)], we have managed to make possible a number of expansion projects on behalf of our customers that could not be implemented due to a lack of financial products in the market. Additionally, we captured a new market share that has credit lines with other suppliers, which allowed us to have an indisputable leadership in the market."
EcuadorAndres Espinosa, Sales Manager
Ecuador Overseas Agencies, C.A
Managing the high peaks in sales from financing point of view might be one of the biggest challenges of a distributor. The Covid situation created very high volume of demands with short reaction and delivery time. With the tailor-made solutions of Philips Capital, Bluemed & Bluemed Plusz was able to manage the financing of over 5 Mln EUR opportunities, and vital medical equipment were supplied to the healthcare institutions in need."
HungaryPeter Blazsevacz, Managing Director
Bluemed Plusz Kft.
Philips Capital worked closely with us to understand our financing requirements and structured the ideal and an extremely cost effective [ECA] financing solution for Mandaya Royal Hospital Puri, tailored to the requirements of the project. Philips demonstrated itself to be a true partner and a One-Stop-Shop, fulfilling all our needs."
IndonesiaDr. Benedictus R. Widaja, President Director
Mandaya Hospital Group
With the support of Philips, we have obtained long-term [ECA] financing to equip our new service center without having to use our local credit lines, while generating a lasting alliance. This new technology allows us to continue with our vision to offer the highest quality of care and diagnostic imaging services to our patients."
ArgentinaManuel Falcon, Purchasing Manager
Aurea Med SA – Grupo Centro Rosario
All Philips HealthTech solutions can be financed
To meet your specific needs, we offer tailored healthcare financing services across Philips entire portfolio of medical equipment, Managed Technology Services and IT solutions.
Medical Equipment
We help you acquire our cutting-edge equipment – from MRI, CT and image guided therapy to patient monitoring and more. Healthcare financing can include installation, maintenance and lifecycle services.
Managed Technology Services
Everything you need to improve patient care and lower costs. From Integrated Cardiovascular Solutions to Managed Technology Services. Our comprehensive financing solutions can bundle equipment and healthcare services together.
IT / Software Solutions
Benefit from the latest clinical software and IT solutions, like Connected Care Informatics and a specialized electronic medical record (EMR) system. Our healthcare financing turns upfront costs for software and hardware into affordable and predictable monthly payments.
Leading healthcare financing solutions
Healthtech Leases
Keep quality high and costs low by leasing Philips health technology
Extended Payment Terms
Acquire Philips health technology now and pay back over time
Trade Finance
Access working capital solutions to grow your business with Philips
Disclaimer:
This content is for general information purposes only and subject to customization, contract and financier approval. To discover more, please contact your local Philips representative.
