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Sharlene Murphy
Manager at Boston Financial
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Work Experience
Manager
Present
Company Details
11-50 Employees
COMPANIES WE LIKE: Start-ups - the majority of our lessees are Start-up Companies…some have no revenues, some very little but ALL have raised at least an “A” round of equity from V.C’s or Angels and still have a cash balance of at least 8-12 months (what we want to see on-hand depending on the collateral etc). Established companies with losses – we need to see improving revenue (tough right now) or improving bottom line...losses are okay as long as they are diminishing and not growing. Some of our restricted industries and related equipment include: Real estate, restaurants, hotels, gambling, POS Systems, copiers, salons, fitness, hospitals, vending, dry cleaning, GPS Units, oil & gas, mining, food processing, conveyors/assembly lines, large equipment altogether, title vehicles, some other auto industry related companies and probably a few others I can’t think of. Once the collateral has strong residual value WE’LL LOOK AT IT…we also like collateral we can pick up and sell (not too big). I can tell you lately we’ve been seeing a lot of lab, biotech, service storage, servers, office, phone systems, yellow iron and some production.
Year Founded
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Social Media
Linkedin
Industry
Banking
HQ Location
Boston, US
Keywords
Leasing
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