Dext Capital Related Content

New Business Volume in Equipment Finance Rose 2% Y/Y in January

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for January was $8.3 billion, up 2% year over year from new business volume in January 2021. read more

Dext Capital Promotes Altobelli to Chief Sales Officer, Stackhouse to CFO

Dext Capital promoted Lou Altobelli to chief sales officer and Rob Stackhouse to CFO. Altobelli will have responsibility for all sales activities for Dext Capital, while Stackhouse will optimize the company’s capital strategies and establish solid processes and controls. read more

Dext Capital Achieves 52% Growth in Originations in 2021

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

Kyin Lok: Cloud Connected Before it was Cool

Dext Capital’s technology-forward philosophy helped the company “get it right” relative to adapting to the COVID-19 pandemic work environment. Kyin Lok, CEO of the company, explains the measures were already in place before the shutdowns as well as the new programs Dext Capital is rolling out to stay ahead of the curve.... read more

Dext Capital Adds Babin to Sales Team

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 Acquires Elite Capital Team to Lead Specialty Healthcare

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

Dext Capital Closes Second ABS for Approximately $150MM

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

Equipment Finance Cares Hosts 45 Industry Professionals at Latest Event in Costa Mesa, CA

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

KBRA Assigns Preliminary Ratings to Dext Capital’s Second Equipment ABS Transaction

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 Closes $16MM Funding Facility for Hospital

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

Dext Capital Launches Real-Time Access Portal

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

Hlavenka Joins Dext Capital as VP of Business Development

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

Dext Capital Expands Sales, Technology and Credit Teams with 12 New Hires

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 Begins Offering Working Capital Loans

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

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