Fidelity Capital, a California-based agency that specializes in equipment leasing and financing, announced several new milestones, including the introduction of a new product, several new hires and a wider credit window.

The new product offering is simply titled “Project Financing.” Fidelity Capital is now able to finance or lease any type of project, whether it’s for installation, implementation, software development, maintenance contracts or otherwise. This also includes projects that require a 12- to 18-month period for equipment purchases.

“This new product allows us to help out companies that are in a cash flow crunch because of the hefty bills they face from sales force,” said Alan Eppstein, account executive. “Now we can help to pay for their one-year contract to provide them with some much-needed relief.”

Fidelity also increased its sales staff and saw growth in its credit window over the first two quarters of 2016. Fidelity can provide up to $250,000 application only, and sometimes that figure has been as high as $2 million

“Companies seeking funding in today’s market should have no problem finding it,” said Eppstein. “Our goal for the second quarter is to diversify our portfolio with all types of industries, such as medical, technology, manufacturing, transportation, biotech, and more. Growing your business in today’s market is easy with the correct partner.”