Dext Capital, an essential-use healthcare equipment lessor, announced the upsize of its investment-grade corporate note. Proceeds will be used for new originations and growth initiatives.

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

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

“We continue to expand our platform as demand for healthcare equipment remains elevated. We appreciate the support of our capital providers who recognize the value of our solutions to markets that are increasingly underserved by bank lenders.” said Kyin Lok, Dext Capital CEO.

Dext Capital is an independent equipment finance company with strong financial sponsorship from Sightway Capital, a Two Sigma company.