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Brean Capital Closes Corporate Note Financing for Dext Capital

November 11, 2024, 08:00 AM
Filed Under: Lender Finance

Dext Capital, a leading essential-use healthcare and technology equipment lessor, announced the upsize of its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives.

Brean Capital, LLC served as the Company’s exclusive financial advisor and sole placement agent in connection with the transaction.

Founded in 2018, Dext specializes in providing financing solutions to the healthcare and technology industries, helping customers acquire and upgrade mission-critical equipment, improve cash flow and manage risk.  As a well-capitalized platform with extensive sector expertise, Dext Capital has established itself as a trusted partner for hospitals and other healthcare providers throughout the United States.

“This transaction further strengthens Dext’s balance sheet and adds efficiency to our capital stack” Conrad Nilsen, Head of Finance for Dext Capital, said, “We are positioned to meet the financing needs of our vendor partners and customers, and these notes provide the growth capital to expand our platform in a meaningful way.”

For more equipment finance and leasing industry news, visit Equipment Finance Advisor.





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