ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Boston Financial & Equity closes $350K leaseline for "start up"

Posted 06/20/2017

Not quite a startup, this 16 year old company has finally hit its stride. They are a software provider that provides predictive modeling in the transportation sector to state and regional governments. With 2500 customers, the company has just about reached a breakeven EBIT after year over year losses. They have just introduced a new product for the commercial industry, such as RE developers, insurance and advertising.  The company has increasing revenues and customers and Boston Financial & Equity provided a $350K lease for servers and memory to support their additional growth and new service.

 
Related Resource www.bfec.com
Author
Deborah Monosson
Organization
Boston Financial & Equity Corporation
Phone Number
617-267-2900