FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Boston Financial & Equity Closes Lease for a Forbes Top 50 Fastest Growing Co.

April 13, 2015, 07:09 AM

Boston Financial & Equity Corporation recently closed a $1 million lease line with the leader in cross platform ad optimization.

The 8 year old company is rated one of the top 50 of Forbes fastest growing companies. While its revenues have been increasing, the company still burns $500K a month with a year to date net loss of $30 million.

The executive team is made up of online ad industry stars and a strong set of investors and board of directors. They recently raised another $5MM from their current investors as well as additional revolver capacity from their current bank. The company’s first take down was $500,000 of hardware as their need for capacity grows with each new client.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.