Dext April New Business Volume Up 300% Y/Y, Healthcare Community Support Ongoing
JUN 1, 2020 - 7:00 am
Dext Capital recorded record originations for April 2020. During this same period, total year-over-year new business volume grew more than 300%.
“Hospitals and medical providers need continued access to affordable financing options as they transition their needs from COVID-19 related equipment to what is necessary for the reopening in the post COVID-19 environment,” said Kyin Lok, Dext CEO. “We will recover from this and the team at Dext is fortunate to be in a position to be an active lender and supporter of the healthcare community throughout this pandemic.”
While the company has worked remotely the past two and a half months, it will partially re-open the home office starting in June. Following the state guidelines, Dext developed a safe work environment plan that allows for social distancing and deploys appropriate sanitation and cleaning protocol. During the pandemic, Dext made key hires in Credit, Accounting and Technology to support its continued growth through expanding existing relationships and adding new clients and vendors.
CONTENT CONTINUES AFTER CHART Despite a tumultuous year for the global economy due to the COVID-19 pandemic, Monitor’s Top 25 Independents grew a collective 9.1% in 2020, increasing the group’s volume from $6,075.8 million in 2019 to $6,626.3 million by... read more