NXT Capital announced that Raymond Buckley has joined the company as Director of Originations for the Western Region. Buckley will be responsible for managing NXT Capital Equipment Finance’s origination efforts across the 12 western states.
 
Buckley was most recently a senior vice president in General Electric Capital’s Equipment Financing Services Group. In his seven years with G.E., Buckley funded lease and loan transactions for San Francisco-area clients in the manufacturing, marine and retail industries.
 
His experience also includes serving as a national account executive and a national middle-market sales manager for Balboa Capital Corporation. During his 11-year stint, Buckley played an instrumental role in establishing the company’s middle- market origination capabilities. He also developed small ticket and middle market customers nationwide and cultivated national vendor relationships. 
 
“We’re very pleased to add a professional of Ray’s talents to the NXT Capital team,” said Michael Gay, Group Head, Equipment Finance. “His experience is extremely valuable as we build a market-leading platform that delivers creative, equipment financing solutions to middle market companies that have had difficulty obtaining essential equipment.”
 
“I’m excited to join NXT Capital and help it become a leader in middle market equipment financing,” said Buckley. “NXT has an impeccable reputation and Mike Gay has built a team that truly understands the needs of these underserved companies and creative strategies for addressing them.”
 
NXT Capital Equipment Finance offers a full range of flexible financing solutions to middle-market companies nationwide. The group will provide loans and leases from $2 million to $20 million to finance new and used equipment for companies with revenues of $50 million and above across most industries. Products include secured term loans, tax-oriented leases, finance leases, operating leases, TRAC leases and sale-leaseback transactions.