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XS Financial provides equipment financing, credit structuring, leasing and asset management for industrial businesses.
XS Financial provides equipment financing and leasing to businesses in sectors including manufacturing, construction and mining. Its financing options include an Equipment Line of Credit, with funds drawn as needed. Founded in 2017, it is based in Los Angeles and is at seed stage. In September 2024, Mavik Capital and Axar Capital acquired the company for CAD 0.052 per share in a public-to-private deal, after which it was delisted from the Canadian Securities Exchange and the OTCQB.
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