XS Financial Inc., a provider of equipment financing solutions for middle-market businesses, has closed a $7.5 million lease transaction with an auto parts manufacturer, further advancing the company’s growing capital markets strategy.
The deal underscores XS Financial’s role as a liquidity partner for direct originators and financial institutions across a range of industries, including manufacturing, industrials and business services. The lease supports essential-use equipment and reflects the company’s focus on underwriting flexible financing for businesses with complex or storied credit profiles.
“This financing illustrates XS Financial’s continued success in supporting middle-market companies through flexible, well-structured equipment financing solutions,” said CEO David Kivitz. “Our ability to move quickly, understand complex credit profiles and deliver committed capital positions us as a trusted partner across the industry.”
Founded in 2019, XS Financial funds leases ranging from $5 million to $50 million across the U.S. and Canada. The company is backed by Axar Capital Management and Mavik Capital Management.
