David Kivitz Related Content

XS Financial Closes Amended $70MM Secured Credit Facility with Needham Bank

XS Financial, a specialty finance company providing capex and equipment financing solutions to cannabis companies in the United States, amended and upsized its current $54 million line of credit with Needham Bank to $70 million. read more

David Kivitz: Crafted For Purpose

David Kivitz didn’t let a lack of direct experience in equipment finance stop him from seizing an opportunity to provide leasing to the cannabis industry. As the CEO of XS Financial, he has brought on experts in the field to help the company meet demand in a growing marketplace. ... read more

XS Financial Names Bates Director of Risk, Senter Director of Client Services

XS Financial named Jim Bates director of risk and Kenneth Senter director of client services. Bates previously worked for several equipment finance firms, including Arvest Equipment Finance, while Senter previously worked for First American Equipment Finance, among others. read more

XS Financial Closes California Lenders License Acquisition

XS Financial, a specialty finance company engaged in equipment leasing in the United States, closed the acquisition of a California lenders license. The acquisition of the lender license allows XS to expand its lending and financing capabilities in the state of California. read more

XS Financial Confirms Third Tranche Drawdown with PharmaCann

PharmaCann continues to draw down on its lease with XS Financial, bringing the total to date to approximately $2.8 million for new equipment. read more

Xtraction Signs Two New Lease Agreements with Carolina Botanical Development

Xtraction Services signed two new lease agreements with Carolina Botanical Development to expand its production capabilities and increase manufacturing capacity. read more

Xtraction Reports Second Tranche Drawdown with PharmaCann

PharmaCann continues to draw down on their lease amount from Xtraction Services. read more

Xtraction Services Signs Sale-Leaseback Agreement with Halo Labs

Specialty finance company Xtraction Services entered into a sale-leaseback agreement with Halo Labs, a cannabis extraction company that develops and manufactures quality cannabis oils. read more

XS Launches Equipment Sale-Leaseback Program for Oil Processors

Equipment lessor Xtraction Services launched an equipment sale-leaseback program for existing oil processors in the cannabis and hemp industries. read more

Xtraction Services Closes Oversubscribed Series C Round

Xtraction Services, an equipment financing company specializing in extraction machines and pre- and post-processing equipment for the cannabis industry, oversubscribed its Series C financing round. read more

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