As Dext heads into 2020, I proudly reflect on what our team has achieved in our first year. Accomplishments that have gone above and beyond our initial plans and our achievements have strengthened our offerings and support for our clients and partners, as well as our employees. Looking at what we have accomplished and what we have planned going forward, Dext has tremendous business momentum and are truly excited for the many successes to come.
Dext’s list of achievements showcase how much we have grown this year. As we head into 2020, I am very proud of the team, their successes and I look forward to supporting our employees, partners and clients as we build upon on the Dext success story.
- Served over 250 clients
- Partnered with over 30 key vendors and sources
- Funded and booked 1st finance transaction in January 2019
- Grew loan originations to nearly $100 million placing them into the top 50 independent lessors nationwide
- Significantly exceeded origination goals and maintains robust credit approved backlog
- Closed a $200 million credit facility with Credit Suisse in October 2019 and since then has received several offers to invest more capital in their business.
- Implemented a new front end and accounting system at a record pace of less than 90 days
- Worked with vendors on custom finance programs for their cost per procedure and service offerings
- Partnered with PE-backed company to update their equipment across several facilities
- Developed recognition as an expert in financing new and existing surgical centers
- Provided $5 million credit facility for a start-up hospital in under 3 weeks from initial discussion
- Established the headquarters in Oregon and opened a second office in Iowa to better serve customers and partners nationally.
- Assembled an awesome and engaged team of Dexters!
– Cheers, Kyin Lok
About Dext Capital
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. For more information about Dext, visit www.dextcapital.com