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 Two Transactions

November 18, 2015, 06:32 AM

Boston Financial & Equity Corporation (BFEC) recently closed two transactions.

The first was for a “prepared meals to go” company, which is expanding from the Midwest to the East, and along with that growth is the need for packaging equipment. As an emerging growth company the company is still sustaining losses, but recently raised an A round of $5 million.  BFEC provided the company a lease for $150,000. 

The second transaction was for a biopharmaceutical company focused on discovering, developing and commercializing new chemical entities from a class of chemically diverse compounds called cannabinoids. As a small public company, not yet profitable, the company was unable to obtain bank or vendor financing. BFEC provided the company a $150,000 lease for much needed lab equipment. 

Comments From Our Members

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