February 26, 2020

BEVERLY, MA

A West Coast based early stage rocket manufacturer has completed an equipment financing with story lender NFS Leasing, Inc. The new space industry company has established a test site and plans to begin test launches over the next twelve months. The $500K equipment financing will help the company manufacture critical components on an expedited timetable.

“At NFS, we challenge ourselves to find a way to accommodate deals across many different industries,” says David DePamphilis, Executive Vice President of NFS Leasing, “Leasing to a rocket manufacturing company is really cool and something we don’t see every day. Finding a way to structure a deal for a company in this industry was challenging, but our team was dedicated to get it done.”

A representative of the company says “NFS Leasing was incredibly helpful through this whole situation. Getting this equipment funded was critical for our business and now thanks to the team at NFS we are ready to move forward and reach our potential.”

To contact NFS Leasing, Inc. for a custom finance solution, visit their website here: https://nfsleasing.com/contact/

ABOUT NFS LEASING, INC.

NFS Leasing is a privately held North American leader in Equipment Finance with more than 18 years’ experience. NFS provides solutions supporting businesses and organizations with challenged credit including early stage, start-up & pre-revenue, financially distressed companies and turn-arounds. NFS uses its own balance sheet capital and provides fast flexible credit decisions. Since 2001, NFS Leasing is proud to have created thousands of jobs and infused almost $1,000,000,000 of capital into credit challenged firms, a segment of the economy that struggles to secure critically needed financing.  Contact us today and tell us your story.  www.nfsleasing.com

BOSTON HEADQUARTERS

900 Cummings Center Suite 226-U Beverly, MA 01915

Email us at info@nfsleasing.com

Call us at 866.970.4NFS (4637)