We are THE story lender.
Tell us your story
NFS Leasing is a privately held leader in Equipment Finance across the U.S. and Canada with more than 18 years’ experience. NFS Leasing is a story lender and provides flexible equipment finance solutions supporting businesses and organizations with challenged credit including: early stage, start-up & pre-revenue, financially distressed companies and turnarounds. NFS uses its own balance sheet capital and provides fast, flexible credit decisions. Since 2001, NFS Leasing is proud to have created thousands of jobs and infused almost $1,000,000,000 of capital into credit challenged firms, a segment of the economy struggles to secure critically needed equipment financing.
The NFS Leasing Management Team understands the challenges of running a business and wants to help those with challenged credit that are struggling to secure critically needed equipment financing. Having been entrepreneurs and built company ourselves, we have experienced the frustrations of rigid and obsolete credit requirements, an unwillingness to understand your business, and an inability to be flexible in leasing practices.
NFS Leasing is invested in helping to make a positive impact. We are proud to support many local and national communities. In 2020, NFS will be identifying a cause that we support as a company, financially and through volunteering and fundraising time together.
NFS is proud to support many local and national communities. For over 18 years, NFS has been an honored to share in the work and wonder of charities, non-profit organizations, youth centers and many more. We are truly grateful to each and every member of our NFS team and their extended families for the contributions and compassion they have shown for each other, NFS Leasing and for our larger community. To learn more about those we support, visit our NFS Giving Back page.
NFS Leasing is proud to have created thousands of jobs and infused almost $1,000,000,000 of capital into credit challenged firms, a segment of the economy struggles to secure critically needed equipment financing. Learn more about NFS Leasing explore our news postings and media releases.
The Story of NFS
We are the story lender, a different kind of leasing company; one that will take the time to learn about your business, work as your ally to finance your equipment leasing needs, and facilitate your growth. We understand that behind your financial statements is a real business with real people and real potential, and we want to help your company achieve that potential.
We are THE story lender. Tell us your story.
1989New England Computer Sales & Leasing, IncNew England Computer Sales & Leasing, Inc. (NECSL), founded by Massachusetts businessman Cliff Rucker. NECSL began as used equipment broker specializing in the sale of Digital Equipment Corporation Computers and Peripherals.
(1990-1999) - NECSL, Inc. business grows rapidly to $100M revenue and relocates headquarters multiple times; from Woburn and Reading, MA to ultimately settle in Peabody, Massachusetts.
1992 NECSL Rebrands to NEXL, Inc1992 - New England Computer Sales & Leasing, Inc. (NECSL) rebrands to NEXL, Inc.
(1994/95) - New ecommerce business unit created; NEXL.com.
(1996-1999) - NEXL partitions business into units; NEXL (used equipment sales) and NEXL Network Systems (new equipment sales).
(2001) - NEXL Financial Services established, transactions typically focused on storied credits for NEXL portfolio customers (to be rebranded as NFS Leasing, Inc. in 2001).
2004NEXL Network Systems is Sold to MTM Technologies, Inc.NEXL Network Systems is sold to public company MTM Technologies, Inc. The captive leasing portfolio of the former NEXL Financial Services is retained and maintained, but not engaged in new business.
(2006-2007) - Business planning begins for the to-be-named, new equipment leasing company.
2007 NFS Leasing, Inc. is Rebranded and Founded by Cliff RuckerNFS Leasing, Inc. is rebranded and founded by Cliff Rucker. NFS began as a story credit equipment finance company, initially focused on Information Technology and Office Equipment.
2007 - Executed first lease under NFS Leasing name with Boston based mobile search technology company Jumptap, Inc. (Jumptap subsequently sold in 2013 for $200M).
2010 NFS Leasing, Inc. Eclipses to $100 Million in Lease Originations2010 - NFS Leasing, Inc. eclipses to $100M in lease originations.2010 - NFS Leasing, Inc. expands to Canada.
(2010, 2012, 2015) - Located in Beverly, Massachusetts and expands its headquarters office 3 times.
2012 NFS Leasing, Inc. Diversifies2012 - NFS Leasing, Inc. begins to diversify the business from IT and Office Equipment.
2012 - Expands into Medical Equipment Financing.
2013 - Executes first Scientific Equipment Lease.
2014 - Enters into Construction Equipment Industry Financing.
2015 NFS Leasing, Inc. Eclipses $500M in Lease Originations2015 - NFS Leasing, Inc. eclipses $500M in lease originations.
2015 - First Manufacturing Equipment Lease.
2019/Today Infused Almost $1,000,000,000 of CapitalProud to infused almost $1 Billion of capital into credit challenged firms, a segment of the economy struggles to secure critically needed equipment financing.
Rewarded with relationships of 5,000 clients and partners, generating thousands of jobs and giving back over $700K in charitable contributions.
Attentive to every customer story.
Motivated to continue the NFS Leasing Team impact…