NXT Capital announced that David Heidt has joined the company as a Director of Originations. Based in Chicago, Heidt will manage NXT Capital Equipment Finance’s origination efforts across the Midwest.

Heidt’s experience includes more than 25 years of direct origination financing in the middle and large corporate markets in the Midwest. During this time, he worked closely with many corporations in the region, developing significant relationships and market knowledge. Heidt’s experience also includes lengthy tenures at CapitalSource, RBS Asset Finance, Heller Financial and USL Capital, all in the greater Chicago area.

“We’re very pleased to add a professional of David’s talents to the NXT Capital Equipment Finance team,” said Michael Gay, Group Head, Equipment Finance. “David’s expertise and experience will be extremely valuable as we continue our presence across the U.S.”

“I’m excited to be working with NXT Capital Equipment Finance,” said Heidt. “I look forward to making significant contributions to the team and helping strengthen the NXT Capital brand in the Midwest.” 

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.