In 2021, Dext Capital achieved 52% growth in originations, nearly doubled its customer base, closed more than 10 new vendor relationships and completed a second securitization that achieved a rating of AAA. read more
Dext Capital added healthcare leasing professional Mark Babin to its sales team. Babin, who is based in Newport Beach, CA, has spent more than 20 years focused on the health and wellness space, most recently working at CHG-Meridian. read more
Dext Capital acquired the Elite Capital team to lead its specialty healthcare division. The acquisition enhances Dext Capital’s competitive edge through both vendor and nationwide direct sales efforts in the aesthetic and medical wellness space. read more
Equipment Finance Cares held an event last week at Regents Capital’s headquarters in Costa Mesa, CA. More than 45 equipment finance professionals representing 30 different organizations attended the event. read more
Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by Dext ABS, 2021-1, an equipment asset-backed securitization transaction from Dext Capital. The pool of equipment contracts backing Dext ABS 2021-1 has a discounted pool balance of $158.83 million. read more
Dext Capital launched DART (Dext Access Real Time,) a new portal for customers and partners to not only access their accounts but to submit applications, monitor their application status and review funding options. read more
Dext Capital added 12 new employees. Dan Thomson, Kathy Cro, Tom Gutowski, Jeff Sporor and Ryan Pearson joined sales. Darryl McCulley and Kyler Nunan joined technology. Kim Tieu, Brooks Bocko and Evan Parrish joined credit. Tina Nielsen and Tessa Menees also joined the team. read more
Dext Capital began offering working capital loans of up to $250,000 with terms between three months and 24 months. These loans will be funded directly into a business’s bank account and can be used for any business purpose. read more
This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more
Although Monitor’s Top Private Independents faced many challenges in 2020, the group managed collective volume growth of 9.1% amid the COVID-19 pandemic. With Ascentium Capital out of the running, Stonebriar Commercial Finance seized the crown, while Trans Lease, First National Capital and Kingsbridge catapulted their way into the top five. ... read more
string(11) "Sohini Roy "
string(26) "Board Member & Former CFO"
string(15) "Nexseer Capital"
The COVID-19 pandemic has affected everyone in one way or another, but according to the Society of Women’s Health Research, COVID-19 has amplified social inequalities, particularly for women of color.1 While it’s important to remember that each person has a... read more
Although 2021 brought some hope, the equipment finance industry continued to grapple with the effects of the COVID-19 pandemic, including labor shortages, supply chain disruption and more. To dig into how these developments have affected the bank-owned sector of the... read more