We are THE story lender.
Tell us your story
Our Company
NFS Leasing is a privately held North American leader in Equipment Finance with more than 18 years’ experience. NFS provides solutions supporting businesses and organizations with challenged credit including: early stage, start-up & pre-revenue, financially distressed companies and turn-arounds. 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 that struggles to secure critically needed financing.
Our Experience
The NFS Leasing Management Team understands the challenges of running a business and wants to help those struggling to secure critically needed financing. Having been entrepreneurs and built companies 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.
Our Management Team averages over 25 years of technology and finance experience. To learn more about the entire NFS team, visit Our NFS Team page.
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.
To learn more about those we support, visit our Giving Back page. 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.
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 that struggles to secure critically needed financing. To learn more about NFS Leasing explore our news postings and media releases at our NFS News page.
NFS Leasing also provides a wide variety of resources, from informative articles, Toolkits and educational videos to quick grab business infographics to help your business succeed. Discover these resources and more at our NFS Resources page.
The Story of NFS
We are a different kind of leasing company; one that will take the time to learn about your business, work as your ally to finance your 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.
OUR HISTORY
1989New England Computer Sales & Leasing, Inc
New 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 NESL Rebrands to NEXL, Inc
1992 - 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 Rucker
NFS Leasing, Inc. is rebranded and founded by Cliff Rucker. NFS began as a storied credit equipment leasing 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. Eclipse to $100 Million in Lease Originations
2010 - NFS Leasing, Inc. eclipse 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. Diversifies
2012 - 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 Originations
2015 - NFS Leasing, Inc. eclipses $500M in lease originations.
2015 - First Manufacturing Equipment Lease.
2019/Today Infused Almost $1,000,000,000 of Capital
Proud to have infused almost $1 Billion of capital into a segment of the economy that struggles to secure critically needed 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…