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

JAN 21, 2022 - 6:31 am

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

DEC 17, 2021 - 6:04 am

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

DEC 14, 2021 - 6:32 am

Dext Capital closed its second asset-based securitization for approximately $150 million. Kroll Bond Rating Agency rated the securitization (DEXT 2021-1) as investment grade. read more

DEC 1, 2021 - 6:09 am

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

NOV 23, 2021 - 6:04 am

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

NOV 5, 2021 - 6:33 am

Dext Capital kicked off Q4/21 with a $16 million funding facility for a not-for-profit hospital with more than 500 beds and a Level 2 trauma and Level 3 neonatal intensive care unit. read more

OCT 26, 2021 - 5:51 am

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

OCT 22, 2021 - 6:12 am

Mark Hlavenka joined Dext Capital as vice president of business development. Hlavenka was most recently a senior account manager at DLL. read more

OCT 5, 2021 - 6:11 am

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

SEP 14, 2021 - 6:40 am

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

JUL 27, 2021 - 6:10 am

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

Vol. 48 No. 3 2021

Dext Capital, an Oregon-based independent equipment finance company focused on lending to the medical industry, closed a $25 million corporate revolving credit facility with Regions Bank.  read more

JUN 17, 2021 - 6:25 am

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

May 2021

Monitor’s staff is excited to introduce the 2021 Editorial Board. 10 new members join four 2019 inaugural board members that have agreed to stay on for an additional year.... read more

Vol. 48 No. 1 2021