Boston Financial & Equity Closes Two Transactions.



Boston Financial & Equity announced it recently closed two transactions. Outlined below are brief descriptions of the transactions:

One was for a “prepared meals to go” company, which was said to be expanding from the Midwest to the East, and along with that growth is the need for packaging equipment. As an emerging growth company they are still sustaining losses, but recently raised an A round of $5 million. Boston Financial gave it a lease for $150,000.

The other newest lessee is 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. Boston Financial provided a $150,000 lease for much needed lab equipment.


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