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Cannabis Company Ayr Wellness Loans Money From Needham Bank To Support Its Cultivation Facility
Friday, July 7, 2023 - 8:37am | 313AYR Wellness Inc. (OTCQX: AYRWF) (CSE:AYR.A) has closed on a $40 million refinancing and upsizing of its existing mortgage for its Gainesville cultivation facility, with Needham Bank. Proceeds from the loan will be used to pay down the company’s existing Gainesville mortgage of $25.3 million...
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XS Financial Enters Into Upsized $39M Credit Facility With Needham Bank
Thursday, December 22, 2022 - 4:43pm | 509XS Financial Inc.(CSE: XSF)(OTCQB: XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to US cannabis companies which recently reported its 3Q financial results, announced that it has entered into an upsized $39 million line of credit with Needham Bank....
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XS Financial Closes $24M Credit Line With Needham Bank
Thursday, August 18, 2022 - 10:56am | 414XS Financial Inc. (OTCQB: XSHLF) (CSE:XSF) a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has entered into a new $24 million line of credit with Needham Bank committing $20 million and acting as the administrative agent. XS...