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

Boston Financial & Equity starts year of with $725,000 Equipment Lease

Posted 01/13/2020
Boston Financial & Equity started off 2020 by closing a lease transaction for a Seattle based drug discovery company. The company founded in 2011, originally funded by family and friends, has raised over $29 million to date. Their approach to drug discovery accelerates the timeline and increases manufacturing efficiencies, reducing the costs to the Biopharmaceutical industry. The company, although they have less than a year of cash, and minimal revenues, has agreements with three of the largest pharma companies. We leased them a $725,000 fermentation system.
Related Resource www.bfec.com
Author
Deborah Monosson
Organization
Boston Financial & EQuity Corporation
Phone Number
6172672900