Scottsdale 7/12/2011 12:43:00 AM
HASCO Medical, Inc. (HASC) Announces Partnership with G.E. Capital
QualityStocks would like to highlight HASCO Medical (OTCBB: HASC). The company provides products and services that dramatically improve the quality of living for its customers. The company's products and services include the sale of durable medical equipment, home respiratory equipment and the sale or rental of wheelchair accessible vans for which it provides custom conversion services
In the company’s news Friday,
HASCO Medical 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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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.