XS Financial, an established equipment finance company serving storied credits, announced its strategic expansion into the mid to large-ticket transactions within the middle-market equipment leasing sector. Building upon its robust capital resources...
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October 22, 2024, 07:10 AM
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XS Financial announced the closing of its agreement to be taken private by Mavik Capital Management, a multi-strategy investment firm with a flexible strategy across hard assets, and Axar Capital Management, a value-oriented alternative asset...
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October 01, 2024, 07:00 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease renewal with Jushi Holdings Inc (Jushi), a vertically integrated...
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August 09, 2024, 07:10 AM
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XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has amended and upsized its current $54 million line of credit with Needham Bank to $70 million. Loans made under...
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June 07, 2024, 07:05 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a $15 million line of credit (Credit Facility) with bank lenders. Loans made...
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September 21, 2023, 07:00 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease with PharmaCann Inc., for $7.6 million.PharmaCann continues to...
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August 08, 2023, 07:05 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced Justin Vuong has been promoted to Chief Financial Officer, replacing Stephen Christoffersen....
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June 02, 2023, 07:15 AM
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XS Financial Inc., an equipment finance company to the cannabis industry in the United States, announced its expansion into the broader market by extending its financing services to non-cannabis companies. XS Financial aims to utilize its expertise...
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May 17, 2023, 07:20 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Northeast Alternatives, Inc. (NEA), a vertically...
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May 03, 2023, 07:15 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced Justin Vuong has been named Chief Financial Officer (CFO) effective June 1. Vuong succeeds XS...
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March 31, 2023, 07:13 AM
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XS Financial, a specialty finance company providing equipment financing solutions to cannabis companies in the United States, announced the following updates as of the year ended December 31, 2021. All amounts are expressed in U.S. dollars.Advancing...
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February 02, 2023, 07:20 AM
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XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, entered into a new lease facility with Aeriz Holdings Corp ("Aeriz"), an aeroponic cannabis cultivator with a...
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January 31, 2023, 07:25 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing to cannabis companies in the United States, announced it has entered into a new lease agreement with Curaleaf Holdings Inc., which currently operates in 21 states...
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January 10, 2023, 07:17 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into an upsized $39 million line of credit with Needham Bank increasing its...
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December 28, 2022, 07:20 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has upsized its lease facility with PharmaCann Inc. up to $30 million.Patrick Unzicker, Chief...
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December 13, 2022, 07:15 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced receipt of its delayed draw of $10 million. The aggregate principal amount of the unsecured...
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October 12, 2022, 07:00 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Connected International Inc., a vertically...
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September 14, 2022, 07:17 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has provided a $15 million lease facility to Ascend Wellness Holdings, Inc. (AWH), a multi-state...
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September 09, 2022, 07:11 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new $24 million line of credit (Credit Facility) with Needham Bank committing...
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August 19, 2022, 07:12 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced Stephen Christoffersen has been appointed as Chief Financial Officer, replacing Nelson...
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August 18, 2022, 07:18 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Green Dragon / Eaze, a vertically integrated...
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August 04, 2022, 07:09 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Temescal Wellness, a Massachusetts operator with...
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June 08, 2022, 07:22 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has upsized its lease facility with Ayr Wellness up to $37.4 Million including an immediate...
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May 10, 2022, 07:15 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with a multi-state operator with locations in multiple states...
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March 09, 2022, 07:13 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with LivWell Enlightened Health. LivWell is a vertically...
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February 28, 2022, 07:10 AM
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XS Financial Inc., a specialty finance company providing equipment financing solutions to cannabis companies in the United States, announce the following updates as of the year ended Dec. 31, 2021. Advancing its position as a leading CAPEX financing...
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February 17, 2022, 07:05 AM
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XS Financial Inc. announce it has completed its previously announced private placement of unsecured convertible notes in the aggregate principal amount of $43.5 million, of which $33.5 million will be funded at closing and $10 million is available on...
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November 05, 2021, 07:15 AM
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XS Financial Inc., a specialty finance company providing CAPEX financing solutions including equipment leasing to cannabis companies in the United States, and urban-gro, Inc., a fully integrated architectural, engineering and cultivation systems...
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October 06, 2021, 07:09 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced that a newly formed wholly owned subsidiary, incorporated as a special purpose vehicle for the purpose of...
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September 29, 2021, 07:14 AM
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XS Financial, a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced that the company's syndication desk has completed over $5.0 million of lease participations. Syndication provides XS...
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August 18, 2021, 07:30 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced the company has upsized Ayr Wellness’ equipment lease facility from $5.3 million, as previously announced Nov....
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July 22, 2021, 07:18 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced it has doubled its revolving credit facility from $2 million to $4 million, with an FDIC insured bank, which...
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July 19, 2021, 07:05 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with a large scale, vertically integrated multi-state operator. The...
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June 29, 2021, 07:13 AM
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XS Financial Inc. announced Columbia Care has fully drawn on its initial facility announced on December 3, 2020 and, XSF has now upsized its total commitment to $20 million. Columbia Care is one of the largest and most experienced cultivators...
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May 04, 2021, 07:18 AM
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XS Financial Inc., an equipment finance and leasing company serving cannabis and hemp companies in the United States, announced it recently advanced approximately $936,000 to Ayr Wellness (Ayr) for equipment to be deployed in Massachusetts. This...
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April 06, 2021, 07:00 AM
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XS Financial Inc. an equipment finance and leasing company serving cannabis and hemp companies in the United States, announced Nelson Lamb has been appointed as Chief Financial Officer, replacing Joe Fazzini.Lamb is an accomplished finance executive...
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March 29, 2021, 07:22 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis companies in the United States, announced it has entered into a lease agreement with Maggie's Farm LLC, a vertically integrated, single-state...
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March 11, 2021, 07:08 AM
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XS Financial Inc., an equipment finance and leasing company serving cannabis and hemp companies, announced the company has launched its syndication platform, which will provide XS Financial with a broad range of non-dilutive financing options.The...
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March 02, 2021, 07:00 AM
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XS Financial Inc., an equipment finance and leasing company serving cannabis and hemp companies in the United States, announced the company has advanced approximately $3.2 million to Columbia Care Inc. representing Columbia Care's first and second...
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February 02, 2021, 07:05 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announce it has provided additional financing to PharmaCann Inc., increasing the $3.4 million lease...
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December 30, 2020, 07:20 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with Columbia Care, one of the largest and most...
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December 04, 2020, 07:15 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis and hemp companies in the United States, announced it has successfully closed a $2 million senior secured revolving credit facility, with an FDIC insured...
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November 30, 2020, 07:05 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with a large scale, vertically integrated multi-state...
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November 03, 2020, 07:07 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with Skymint Brands (formerly known as Green Peak...
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October 16, 2020, 07:08 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing to owner-operators of cannabis and hemp companies in the United States, announced PharmaCann Inc., one of the nation’s largest privately held cannabis companies, continues to...
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August 28, 2020, 07:10 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing to owner operators of cannabis and hemp companies in the United States, provided a corporate update highlighting some recent cost optimizations to improve bottom-line...
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August 18, 2020, 07:18 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing, announced Jim Bates as Director of Risk and Kenneth Senter as Director of Client Services.Bates brings more than 30 years of experience in credit, collections, documentation...
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July 23, 2020, 07:15 AM
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XS Financial Inc., a specialty finance company engaged in equipment leasing, announced PharmaCann Inc., one of the largest privately held and vertically integrated cannabis companies, based in Chicago, IL, continues to draw down on its lease amount....
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July 10, 2020, 07:00 AM
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