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HASCO Medical, Inc. (HASC) Announces Partnership with G.E. Capital

After the closing bell Friday, HASCO Medical, Inc., a managed healthcare provider, announced that it has reached an agreement with G.E. Capital to serve as its floor plan financier for both Braun (www.braunability.com) and VMI (www.vantagemobility.com) vehicles at all of its dealerships. This agreement positions Mobility Freedom to stock several new makes and models at each location so customers can pick the vehicle that fits their specific needs immediately.

Under the terms of the agreement, the Company has a $2.3 million dollar credit line with G.E. Capital to floor plan vehicles. The first 60 days is interest free financing on each vehicle.

“We are very pleased to have G.E. Capital’s support, as we continue to grow and expand Mobility Freedom. We are also excited about the ability to stock more inventory for our customers, both are huge wins for Mobility Freedom,” stated Hal Compton, CEO of HASCO Medical.

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