Markiesha Thompson

Gibraltar Equipment Finance, an affiliate of Gibraltar Business Capital, provided a $1 million finance lease to a transportation maintenance contractor to support the acquisition of rolling stock and other equipment assets. The company is a family office-owned business providing maintenance services focused on transportation infrastructure, roadways and railways. The company serves public entities, including transportation departments and municipalities as well as the private sector.

XS Financial, a specialty finance company that provides capex and equipment financing solutions to cannabis companies in the U.S., entered into a new lease with PharmaCann for $7.6 million. PharmaCann continues to deploy resources from its pre-existing $30 million facility, which was announced Dec. 11, 2022, leveraging available capital to further drive growth within its business.