Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

SLI Restructures Equipment Lease Financing

Photonics.com
Mar 2001
BINGHAMTON, N.Y., March 2 -- Semiconductor Laser International has entered into an agreement with Finova Capital Corp. to restructure its current equipment leasing obligations of about $1.2 million. This agreement, which calls for a three-year payout, will enable SLI to reduce its monthly financial obligations by about $50,000. The agreement is conditioned upon the receipt by SLI of a $2 million equity infusion, or loan from a third party, on or before April 28, 2001. SLI manufactures high-power semiconductor diode lasers with applications in telecommunications, medical, dental, laser marking, precision machining, printing and the military.

CommunicationsdefenseenergyindustrialNews & Features

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.