Business
North Star Leasing and Avail Scientific Have Arranged a $25 Million Dollar Lease Finance Facility
North Star Leasing and Avail Scientific Have Arranged a $25 Million Dollar Lease Finance Facility.
About this update from Mobile Lads Corp
[{"type":"text","content":"TORONTO, ON / ACCESSWIRE / February 23, 2023 / MOBILE LADS, CORP., dba AVAIL SCIENTIFIC (OTC PINK:MOBO)North Star Leasing is a division of Peoples Bank (NASDAQ:PEBO)Avail Scientific Corp enables healthcare providers treating mental health and substance abuse to unlock significant clinical value and revenues via ancillary diagnostic services."We are proud to announce we have finalized and signed with North Star Leasing to provide up to $25,000,000.00 of equipment financing for our clients. This facility allows our customers to finance the purchase of our EEG FDA approved medical headsets. The average cost of the EEG headsets is over $30k. North Star Leasing facility will reduce our sales cycle from weeks to days. Allowing us to achieve our $6,000,000.00 in revenue goals."Statement by Gerard Maynard, President, and Chief Revenue Officer for Avail Scientific.*North Star Leasing is a division of Peoples Bank (NASDAQ: PEBO), founded in 1902, is an Ohio state-chartered bank headquartered in Marietta, Ohio. Peoples Bank is a diversified financial services company that makes available a complete line of banking, trust, investment, insurance, premium financing, and equipment leasing solutions through its subsidiaries.North Star Leasing funded $135M in 2022 and is projected to fund over $170M in 2023.Avail Scientific and it's subsidiary Relai Neuro are specifically targeting over 700 substance abuse clinics in Florida. Avail Scientific's (MOBO) mandate is to support psychedelic medicine research and treatments through neurological testing, data analytics, and data management. Avail Scientific works with its subsidiary Relai Neuro providing neurological testing and data management to rehab and mental health treatment centres in Florida.Avail Scientific www.availscientific.comNorth Star www.northstarleasing.comContact:Gerard [email protected] NadeauSVP Director of Sales and Marketingwww.northstarleasing.comCautionary Note Regarding Forward-looking StatementsNEITHER THE OTC, NOR THEIR REGULATION SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASECertain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of h...