Wheeler Financial from Pitney Bowes Finances New Screening Technology for Aspirar Medical Lab
May 07 2020 - 7:00AM
Business Wire
Pitney Bowes Inc. (NYSE: PBI), a global technology company that
provides commerce solutions in the areas of ecommerce, shipping,
mailing and financial services, today announced that Wheeler
Financial from Pitney Bowes has closed a financing transaction with
Aspirar Medical Lab. The medical testing company, located in Cary,
North Carolina, is investing the funding in new laboratory
equipment and software to extend the services it offers to its
clients, including COVID-19 testing.
Serving physicians and medical practices to the very highest
standards, Aspirar Medical Lab provides services in pain
management, drug testing, therapeutic drug monitoring and medical
surveillance. To meet increased demand and continue to deliver
superior services to its clients, the company is investing in
cutting-edge screening technologies. With a need to finance both
the testing equipment and software to deliver detailed, meaningful
and precise analytics, Aspirar Medical Labs partnered with Wheeler
Financial from Pitney Bowes.
“Investing in new screening technologies is key to delivering
the precision and consistency our clients need. Combining these
technologies with high-performance software has been critical in
our new testing capabilities including COVID-19 testing,” said Pick
Chay, CEO from Aspirar Medical Lab.
“Businesses like Aspirar Medical Lab must invest in technology
to manage demand, to drive growth and to meet stringent regulatory
standards, but banks are making it harder and harder for them to
access capital,” said Christopher Johnson, Senior Vice President
and President, Pitney Bowes Financial Services. “Businesses need
affordable finance and flexible terms from a provider with a robust
history of lending. They need a service personalized to their
specific circumstances and deep insight into their specific
industry. With Wheeler Financial from Pitney Bowes, Aspirar Medical
Lab has access to all this, backed up with 100 years’ experience
supporting small businesses.”
About Wheeler Financial from Pitney Bowes
Wheeler Financial from Pitney Bowes is a subsidiary of the
Pitney Bowes Bank, Inc., Member FDIC, dedicated to helping small to
lower middle market clients acquire the critical assets they need
to grow and expand their business with innovative financing
solutions. The Pitney Bowes Bank, together with Pitney Bowes, has
been financing Pitney Bowes equipment for over 20 years. Our
expansion into helping our clients finance other purchases reflect
our continued commitment to helping our customers grow efficiently
and effectively.
100 Years at Pitney Bowes
On April 23, 1920, Arthur Pitney, the inventor, and Walter
Bowes, the promoter, founded The Pitney Bowes Postage Meter
Company. Over the next 100 years, the combination of creativity
with business acumen enabled Pitney Bowes to pioneer innovations
for over one million clients through several decades – beginning
with the postage meter to pushing the boundaries of global
ecommerce. The Pitney Bowes centennial commitment continues to put
the client first with sustainable innovation created by exceptional
people who have deep ties to our communities and driven by a
culture of doing the right thing the right way. For additional
information visit: www.pitneybowes.com/100.
About Pitney Bowes
Pitney Bowes (NYSE:PBI) is a global technology company providing
commerce solutions that power billions of transactions. Clients
around the world, including 90 percent of the Fortune 500, rely on
the accuracy and precision delivered by Pitney Bowes solutions,
analytics, and APIs in the areas of ecommerce fulfillment, shipping
and returns; cross-border ecommerce; office mailing and shipping;
presort services; and financing. For nearly 100 years Pitney Bowes
has been innovating and delivering technologies that remove the
complexity of getting commerce transactions precisely right. For
additional information visit Pitney Bowes, the Craftsmen of
Commerce, at www.pitneybowes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200507005107/en/
John Spadafora Pitney Bowes M +1 518 708 3466
john.spadafora@pb.com
Pitney Bowes (NYSE:PBI)
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