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XS Financial Closes $15 Million Secured Credit Line

XS Financial Closes $15 Million Secured Credit Line

XS Financial完成1500萬美元擔保信貸額
Accesswire ·  2023/09/19 20:00

LOS ANGELES, CA / ACCESSWIRE / September 19, 2023 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF)(OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced today that it has entered into a $15 million line of credit ("Credit Facility") with bank lenders. All figures are in US Dollars.

洛杉磯,CA/ACCESSWIRE/2023年9月19日/XS Financial Inc.(“XS Financial”,“XSF”或“公司”)(CSE:XSF)(OTCQB:XSHLF),一家為美國大麻公司提供資本支出和設備融資解決方案的專業金融公司今天宣佈,它已經與銀行貸款人達成了1500萬美元的信貸額度(“信貸安排”)。所有數位都是以美元計算的。

XS Financial intends to use loan proceeds and cash on hand to fund additional CAPEX and equipment leases with new and existing customers.

XS Financial打算使用貸款收益和手頭現金,為新老客戶提供額外的資本支出和設備租賃資金。

David Kivitz, CEO of XS Financial commented: "This Credit Facility provides XS Financial with additional resources to expand our market-leading portfolio of equipment leases. Our ability to close this Credit Facility with favorable pricing and terms in the current environment exhibits our financial strength and the high-quality customers we support, including several of our industry's largest companies. We are thrilled to continue funding our existing and target borrowers at scale for their critical expansion projects when other capital sources are slowing."

XS金融首席執行官David·基維茨評論道:這一信貸安排為XS Financial提供了額外的資源,以擴大我們市場領先的設備租賃組合。我們能夠在當前環境下以優惠的價格和條款完成這一信貸安排,這表明了我們的財務實力和我們支持的高質量客戶,包括我們行業中幾家最大的公司。我們很高興在其他資本來源放緩的情況下,繼續為我們現有的和目標借款人的關鍵擴張專案提供大規模資金。

About XS Financial

關於XS Financial

Founded in 2017, XS Financial specializes in providing CAPEX financing solutions to cannabis companies in the United States, including cultivators, processors, manufacturers, and testing laboratories. In addition, XSF has partnered with over 250 original equipment manufacturers (OEM) through its network of Preferred Vendor partnerships. This powerful dynamic provides an end-to-end solution for customers which results in recurring revenues, strong profit margins, and a proven business model for XSF stakeholders. The Company's subordinate voting shares are traded on the Canadian Securities Exchange under the symbol "XSF". For more information, visit: .

XS Financial成立於2017年,專門為美國的大麻公司提供CAPEX融資解決方案,包括種植者、加工商、製造商和測試實驗室。此外,XSF還通過其首選供應商合作夥伴網路與250多家原始設備製造商(OEM)建立了合作夥伴關係。這一強大的動態為客戶提供了端到端解決方案,從而為XSF利益相關者帶來了經常性收入、強勁的利潤率和經過驗證的商業模式。該公司的附屬有表決權股票在加拿大證券交易所交易,代碼為“XSF”。有關更多資訊,請訪問:。

For inquiries please contact:

如有疑問,請聯繫:

David Kivitz
Chief Executive Officer
Antony Radbod
Chief Operating Officer
Tel: 1-310-683-2336
Email: ir@xsfinancial.com
David·基維茨
首席執行官
安東尼·拉德博德
首席運營官
電話:1-310-683-2336
電子郵件:ir@xsfinial.com

Forward-Looking Information

前瞻性資訊

This press release contains "forward-looking information" and may also contain statements that may constitute "forward-looking statements", collectively "forward-looking information", within the meaning of applicable Canadian securities legislation. Such forward-looking information is not representative of historical facts or information or current condition, but instead represent the beliefs and expectations regarding future events about the business and the industry and markets in which XS Financial operates, as well as plans or objectives of management, many of which, by their nature, are inherently uncertain. Generally, such forward-looking information can be identified by the use of terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will7 continue", "will occur" or "will be achieved". Forward-looking information contained herein may include but is not limited to, any additional leasing opportunities and the ability to capitalize on such and the timing thereof. Forward-looking information is not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking information, which are qualified in their entirety by this cautionary statement. XS Financial Inc., does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.

本新聞稿包含“前瞻性資訊”,也可能包含可能構成“前瞻性陳述”的陳述,統稱為“前瞻性資訊”,符合適用的加拿大證券法的含義。這些前瞻性資訊並不代表歷史事實或資訊或當前狀況,而是代表了對XS Financial經營的業務、行業和市場的未來事件的信念和預期,以及管理計劃或目標,其中許多從本質上講是不確定的。一般而言,此類前瞻性資訊可通過使用諸如“計劃”、“預期”或“不預期”、“預期”、“預算”、“預定”、“估計”、“預測”、“打算”、“預期”或“不預期”或“相信”等術語或此類詞語和短語的變體來識別,或可能包含某些行動、事件或結果“可能”、“可能”、“將”、“可能”或“將會採取”、“將繼續”、“將繼續”、“可能”或“將採取”的陳述。“將會發生”或“將會實現”。本文包含的前瞻性資訊可能包括但不限於任何額外的租賃機會以及利用這些機會和時機的能力。前瞻性資訊不是未來業績的保證,涉及難以預測的風險、不確定性和假設。因此,讀者不應過度依賴前瞻性資訊,這些資訊完全受本警示聲明的限制。XS Financial Inc.不承擔公開發布更新任何自願前瞻性資訊的任何修訂的義務,除非適用的證券法要求。

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

加拿大證券交易所及其監管服務提供商均不對本新聞稿的充分性或準確性承擔責任。

SOURCE: XS Financial Inc.

資料來源:XS金融公司


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