LOS ANGELES, Aug. 14, 2019 /PRNewswire/ — Xtraction Services (“XS”), an equipment leasing and extraction solutions company specializing in manufacturing, testing, and packaging equipment for both cannabis and hemp, today announced the launch of their equipment sale-leaseback program, providing existing oil processors the opportunity to unlock additional working capital without any interruptions to production.
As the demand for cannabis and hemp oil continues to increase in a capital-constrained marketplace, many oil processors are challenged to find the capital resources to expand and scale their business. By providing the necessary high-quality equipment through leasing and sale-leaseback programs, XS reduces the need for large up-front capital investment, allowing for increased flexibility and growth potential.
A sale-leaseback allows oil processors to unlock capital from existing equipment and free up the cash they previously invested. With the launch of this new product, XS helps oil processors to invest in other areas of their