NXT Capital announced that Matt Franklin has joined the company as a Director of Originations. Based in Atlanta, Franklin will manage NXT Capital Equipment Finance’s origination efforts across the Southeastern United States.

Franklin was most recently a director with CIT Group Capital Equipment Finance, where he originated equipment leases and loans for companies in numerous sectors, including manufacturing, marine, energy and distribution.

Franklin’s experience includes serving as a vice president of new business development for AIG Commercial Asset Finance, as well as a vice president and director of sales for Synovus Financial Corporation. Franklin has also held positions at Transamerica Equipment Financial Services, GE Capital and American Finance Group.

“We’re very pleased to have Matt join the NXT Capital Equipment Finance team,” said Michael Gay, Group Head. “Matt’s expertise will be especially valuable in helping us build a market-leading platform that provides creative equipment financing solutions to middle market companies that have had difficulty obtaining essential equipment.”

“I’m very pleased to join a group with such strong leadership and experience,” said Matt Franklin. “NXT Capital’s financial strength, customer focus and flexibility make it an outstanding resource for middle market companies.”

NXT Capital Equipment Finance offers a full range of flexible financing solutions to middle-market companies nationwide. The group provides 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.