NexBank Capital, a finance company based out of Dallas Texas, in September of 2017 announced the completion of a 54 million dollar plan to bring additional funds in for general corporate purposes. This brings the grand total of funds raised to 283 million dollars since the company began collecting debt and equity in 2016.
The money comes in the form of notes that are non-callable for five years. The notes have a fixed interest rate of 6.3 percent for five years. Kroll Bond Rating Agency quoted the notes as having an investment grade rating of BBB and stated that it qualifies as Tier 2 capital.
NexBank has a total of eight and a half billion dollars in assets as of the end of 2017. NexBank primarily focuses on financial service but they also offer commercial bank and mortgage banking services for its customers.
NexBank’s executive team consists of John Holt as President and Chief Executive Officer, Matt Siekeilski as Chief Operating Officer, Stacy Hodges as Chief Financial Officer, Dierk Hohman as General Counsel, Rhett Miller as Chief Credit Officer and Craig Campbell as Senior Managing Director.
The bank has professionals working around the clock, combining financial mastery and personal insight to create an experience far superior to any other bank in the Dallas area. NexBank offers a variety of services to its clients including savings and checking accont options as well as mortgages, but the real advantage of having NexBank handle your finances is knowing that your investments are safe and secure.
NexBank was also the sponsor of last year’s Dallas Women’s Foundation’s 32nd Annual Luncheon. The bank donated one-hundred thousand dollars to the event. The luncheon’s purpose is to support advancing women’s economic security and leadership. The event took place on October 20th of 2017 at the Hilton Anatole Hotel. The event receives over 1300 business and community leaders every year in Dallas.