Category Archives: Financial Firm

How Does Equities First Holdings Provide Loans For Non-Purpose Clients

There are many different people who require funding that will help them create cash flow or simply improve their finances. They know that they need extra money, but they cannot find it if they have not applied with Equities First. This article explains how the company provides the finest loan products for their clients in the industry. They will ensure the best rates and prices regardless of the application.

#1: The Application Process

The application process is much better for everyone involved becuse it does not waste time or energy. Someone who wishes to save money will find that they may do so without worry, and they will know how to learn quickly and how simple it is to acquire the funding they need. It is a simple procedure for most, and it allows clients to obtain funding in mere seconds.

#2: The Company Provides Better Customer Service

The level of customer service that is offered to every client is quite good, and the company is willing to answer questions at any time. They have made the process simple for everyone, and they have ensured that they will help their clients with any issues they may have. Saving money becomes quite simple, and saving time becomes a part of the process.

#3: The Loans Are Easy To Manage

Someone may have multiple loans through the company, and there are many different people who may maintain their accounts through the company. The company will help clients open as many loans as possible, and they will stack loans together to ensure that they are given a common rate and common terms. These loans are often short term, and they will be easy to pay off for any client.The clients that come to Equities First will notice that they have every opportunity to create a better loan experience for themselves. They will save money because they have applied for loans that give them better rates, and they will not pay as much money on each loan. It is easier for someone to take the loan they need no matter their situation of their cash flow position.

Success in The Oversubscribed Private Placement

According to a recent news feature by the PR Newswire, NexBank Capital completed placing its senior uncensored notes in an oversubscribed private placement. The company made a total issuance of $155 million in the process. The notes are expected to mature by March 2026 and can be called as from March 2021. For the first five years, the notes will attract a fixed interest rate of 5.5 percent, which will later change to a floating rate as from 2022. The proceeds from this offering will be used to strengthen the firm’s balance sheet. Sandler O’Neill & Partners were the placement agents in this process.

Speaking after the placement, NexBank’s President described the development as a demonstration of investors’ confidence in the company. He further expressed the company’s gratitude, following their BBB rating from the prominent Kroll Bond Rating Agency. NexBank C.O.O, on the other hand, was delighted to announce that the firm had raised close to $200 million of debt in just 12 months.

Nexbank Reaps Big In 2016

Further revelations in the feature indicated that by the end of last year, NexBank Capital had total assets of $4.64 billion, which represented a 71 percent growth rate from 2015. Total deposits, on the other hand, increased by 72 percent from 2015, reaching close to $3.22 billion. Total loans in 2016 were $2.83 billion, increasing by 44 percent from 2015. NexBank made a net income in excess of $83 million in 2016.

NexBank SSB plays a key role in the growth of NexBank Capital Inc. The bank is well capitalized making it a leading bank in Dallas. As at 31st December last year, the bank total risk-based capital was at 13.14 percent.

About Nexbank Capital

NexBank Capital Inc. is a Dallas-based financial firm that specializes in corporate services, commercial banking, and mortgage banking. They offer their services to corporates, financial institutions, individuals, and institutional clients. The bank has a wealth of experience in the financial industry, having obtained their charter in 1922.

NexBank is headed by John Holt, the current president and M.D. Their COO is Matt Siekielski, and the CFO is Craig Korbuly. Other executive members include the General Counsel Mr. Dierk Hohman, the Chief Credit Officer Mr. Rhett Miller, and the Senior Managing Director Mr. Craig Campbell.