NXT Capital announced that Jeff Almond has joined the company as a Director of Originations. Based in Plano, Texas, Almond will manage NXT Capital Equipment Finance’s origination efforts in the Southwest.

Almond’s experience includes more than 15 years of originating equipment financing in Texas, Colorado, Kansas and nearby states. With industry expertise that includes energy, aviation, manufacturing and packaging, he has held positions at Peoples Capital and Leasing Corporation, SL Financial Services Corporation, The CIT Group and others.

“We’re pleased to add a professional of Jeff’s talents to the NXT Capital Equipment Finance team,” said Michael Gay, Group Head, Equipment Finance. “Jeff’s experience and relationships will be extremely valuable as we expand our presence in the Southwestern United States.”

“I’m delighted to be working with NXT Capital Equipment Finance,” said Almond. “This exciting company offers financing capacity, products and structures that many companies in the Southwest truly need.”

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. NXT Capital provides structured financing solutions to middle-market and emerging growth companies, as well as real estate investors, through its Corporate Finance, Equipment Finance and Real Estate Finance groups. Based in Chicago with offices in Atlanta, Charlotte, Dallas, Kansas City, Minneapolis/St. Paul, New York, Phoenix and San Francisco, NXT Capital targets senior financing opportunities of up to $150 million with a hold size up to $50 million.