Financial Advisor
NexGen Financial Inc.
Debt Capital Markets
Senior Secured Credit Facility
Transaction Details
- On July 24, 2024, NexGen Financial Inc. (“NexGen”) successfully entered into a new $224 million Senior Secured Credit Facility and completed a $100 million equity raise
- NexGen provides capital to debt settlement businesses by purchasing the rights to settlement fees of the firm’s existing portfolio of enrolled debt
- Stephens served as financial advisor to NexGen in the transaction
About the company
NexGen Financial Inc.
Founded in 2017 and based in Malibu, CA – NexGen has established itself as a leading capital provider to debt resolution companies by offering a highly attractive financing solution that allows their partners to grow quickly and effectively. NexGen’s existing partner base is primarily comprised of industry leading and middle market debt settlement companies who value the flexible, growth-oriented nature of the capital NexGen provides. Management’s vision and creative, partner-centric approach have resulted in an impressive track record of growth as a pioneering capital provider to the debt resolution industry.
Source: Company Information.
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