A Dallas, Texas Based Financial Service Company That Has Had A Long-Term Record OF Success.

NexBank was founded in 1934 and has enlarged to 88 employees at three locations. NexBank handles revolving lines of credit, term loans, tailored depository services and also loan participations like syndicated national credits. In addition to NexBank Capital, NexBank SSB is a component of NexBank Capital. NexBank SSB is a regional bank with $6.4 billion in assets.

Recently, Nexbank financial service company announced a successful close of millions of dollars in private placement of subordinated notes for some of their large net worth financiers.

NexBank Capital, which is a financial service company whose headquartered in Dallas, Texas, announced not long ago a successful close of 54 million dollars private placement of a fixed-to-floating rate subordinated notes. These notes are for high net worth financiers and also their important institutional investors.

This financial closing was significant for NexBank. NexBank was able to raise $283 million in equity and debt two years ago. NexBank has been deemed the 11th largest bank in Texas. Nexbank is also known as the 150th biggest bank in the U.S.

NexBank provides plenty of benefits as part of their credit services like agency services as well as treasury management. NexBank’s agency services include letters of credit issuer, providing an administrative agent, escrow servicer, collateral trustee, as well as the successor agent. NexBank can offer commercial accounts, high-yield money market accounts, and analysis accounts.

The Nexbank notes are considered having the investment grade rating of BBB. The Kroll Bond Rating Agency also gave NexBank Capital’s notes that BBB grade. The firm of Sandler O’Neill & Partners, L.P., was the sole replacement agent for the private offering of NexBank Capital’s notes.

NexBank provides mortgage banking, commercial banking, and institutional banking services. NexBank is recognized for its timeliness, attention to reliability, and quality of execution regarding the commercial lending side of their firm. NexBank’s commercial lending side of business includes SBA loans and commercial loans. Concerning the Commercial Real Estate Lending, NexBank Capital does Interim and Bridge Financing, Refinancing, Owner-occupied Permanent Financing, Mini-permanent financing, and real estate. NexBank Capital also covers construction and development needs of its clients as well.

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