XS Financial is expanding into mid- to large-ticket transactions within the middle-market equipment leasing sector. In conjunction with its expansion, XS Financial has established a capital markets buy desk, to be run by industry veterans Jim Bates and Michelle Bruno. read more

OCT 23, 2024 - 6:25 am

XS Financial closed an agreement to be taken private by Mavik Capital, an investment firm, and Axar Capital Management, an alternative asset management firm. read more

OCT 1, 2024 - 5:53 am

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

JUN 6, 2024 - 6:33 am

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

Vol. 48 No. 5 2021

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

JUL 23, 2020 - 7:33 am

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

JUL 14, 2020 - 6:36 am

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

JUL 13, 2020 - 6:45 am

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

JUN 24, 2020 - 6:36 am

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

MAY 22, 2020 - 6:28 am

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

NOV 29, 2019 - 6:15 am

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

AUG 16, 2019 - 6:20 am

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

NOV 14, 2018 - 6:45 am