BNP Paribas Leasing Solutions expedites Reference Medical Group’s digital transformation

The challenge

Finance approval for client projects often hampered Reference Medical Group’s efficient operations. Traditional financing processes with prolonged credit reviews and manual paperwork hindered their ability to respond swiftly to client equipment requests. They needed a faster, more efficient solution to maintain their competitive edge.

The solution

BNP Paribas Leasing Solutions simplified the credit approval and contract management process for Reference Medical Group with its advanced digital credit and contract management platform. This smart system, featuring automated credit decisioning, quickly assesses clients’ creditworthiness based on criteria, such as three years of sector experience, a clean payment history and a financing limit matched to their medical specialty. The platform provides almost instant online approvals, enabling Reference Medical Group to accelerate the sales and order fulfilment process. This improvement means clients now have quicker access to state-of-the-art technology, enhancing patient care and financial efficiency.

The benefits

• Immediate credit decisions remove delays, enabling Reference Medical Group to close deals quickly and efficiently.
• Faster turnaround times improve client experience and strengthen competitive advantage.
• Secure online platform streamlines approvals, contract generation, and e-signatures, eliminating paper-based workflows.
• Clear criteria and automated processes ensure trust and consistency throughout the leasing process.

Teaming up with BNP Paribas Leasing Solutions helped Reference Medical Group speed up their sales responsiveness leading to client satisfaction and increased competitiveness. This case study highlights BNP Paribas Leasing Solutions’ dedication to supporting manufacturers and equipment suppliers in providing best-in-class client experiences through sector expertise and digital tools, simplifying the leasing process.