ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Dext Capital Closes $200 million credit facility with Credit Suisse

Posted 10/26/2019

Portland, OR, October 25, 2019 /PRNewswire/ --  Dext Capital announced today that it has 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 provides Dext Capital the flexibility and access to efficient capital that supports our immediate and long-term growth objectives," said Kyin Lok, Dext Capital's Chief Executive Officer. 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, a Two Sigma company. As a direct non-bank lender, Dext Capital offers practical, flexible and future forward financial solutions for medical providers and manufacturers.

Eric Gross

Dext Capital 

5285 Meadows Road Suite 335

Lake Oswego, OR 97035

Author
Kyin Lok