XSHLF - XS Financial provides $7.5M capex lease facility to Northeast Alternatives
2023-05-02 10:25:12 ET
- XS Financial ( OTCQB:XSHLF ) has entered into a new lease agreement with Northeast Alternatives, a vertically integrated Massachusetts and Michigan operator.
- NEA has been approved for a $7.5M CAPEX lease facility, with an immediate drawdown of over $1M, to purchase equipment with up to 60-month terms.
- "We look forward to continuing our relationship with XS Financial through completion of this project in MI as well as our planned expansion projects in the future," said Rich Rosier, Co-founder and CFO of Northeast Alternatives.
- XSHLF is +5.78% to $0.048.
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XS Financial provides $7.5M capex lease facility to Northeast Alternatives