Boston Financial & Equity Corporation has provided lease financing to a 16 year old company has finally hit its stride. The company is a software provider that provides predictive modeling in the transportation sector to state and regional governments. With 2500 customers, the company has just about reached a breakeven EBIT after year over year losses. They have just introduced a new product for the commercial industry, such as RE developers, insurance and advertising.
The company has increasing revenues and customers and Boston Financial & Equity provided a $350K lease for servers and memory to support their additional growth and new service.