Dext Capital Closes $200MM Facility with Credit Suisse
OCT 28, 2019 - 6:35 am
Dext Capital closed a facility with Credit Suisse to provide warehouse financing for commercial equipment loans and leases. The new facility increases the company’s borrowing capacity by $200 million and helps to support its continued growth and market expansion in the health and wellness markets.
“This credit facility, not only represents a significant vote of confidence from the financial community, but more importantly provides Dext Capital the flexibility and access to efficient capital that supports our immediate and long-term growth objectives,” said Kyin Lok, Dext Capital CEO.
Noting that the company has an active and growing origination pipeline, he added, “Best of all, the line allows us to effectively address the financial needs of our underserved customers and manufacturer partners with greater speed, flexibility and transactional certainty.”
Dext Capital is a privately-owned independent equipment finance company founded by a team of industry veterans with strong financial sponsorship from Sightway Capital. Dext offers practical, flexible and future forward financial solutions for medical providers and manufacturers.
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