FINANCIAL ADVISOR
NexGen Financial Inc.
$100 Million
03/31/2023
Specialty Finance
Complete
Show Tombstone
Debt Capital Markets
Senior Secured Revolving Credit Facility
Transaction Details
- On March 31, 2023, NexGen Financial Inc. (“NexGen” or the “Company”), entered into a new $100 million Senior Secured Revolving Credit Facility.
- Proceeds from the new facility will be used to refinance the existing $50 million Senior Secured Revolving Credit Facility and to support the continued growth of its portfolio.
- Stephens served as exclusive financial advisor to NexGen in the transaction.
About the company
NexGen Financial Inc.
Founded in 2017 and headquartered in Malibu, CA, NexGen Financial Inc. offers creative capital solutions uniquely developed for the debt settlement industry. NexGen works with the most reputable debt settlement sales affiliates and servicing companies from across the country. The cash infusion from the upfront payments NexGen provides allows sales affiliates and servicing companies to cover their sales and marketing expenses and provide the required working capital to achieve the company’s growth goals while providing best in class service to their clients.