Stereotaxis has reached an agreement with Relational Technology Solutions (RTS) that will allow the company to offer its hospital customers an alternative financing arrangement for their purchase of Stereotaxis Niobe magnetic robotic systems.

Under the agreement, hospitals will be able to fund a Niobe purchase through monthly operating lease payments.

"The operating lease arrangement is an attractive alternative which allows customers to match revenue growth in EP [electrophysiology] with new technology costs," said Mike Kaminski, president and CEO of the St. Louis-based Stereotaxis.

The Rolling Meadows, Ill.-based RTS manages an equipment portfolio spanning medical, IT and telecommunications assets, and provides coverage of the U.S. and Canadian medical equipment capital markets.