Dext Capital reported strong momentum in the first four months of 2025, driven by the closing of a nearly $20 million financing deal with an emerging AI company.
The deal reinforces the Lake Oswego, Ore.-based company’s position as a capital partner for large, complex transactions alongside its core smaller-ticket vendor programs, according to a May 28 Dext Capital release. The financing contributed to a robust first quarter, with originations exceeding the plan for four consecutive months, resulting in a year-over-year increase of nearly 100%.
Growth was reported across all sales channels, with early signs pointing to continued acceleration into the second half of the year, according to the release. To support its expanding operations, Dext added staff, including the hire of John Heist, vice president of capital markets, to bolster its syndication platform.
In April, the company also launched its Prime pricing initiative targeting investment-grade borrowers, which has seen strong early adoption, according to the release. Dext Capital credited its growth to a focus on scalability, responsiveness, and product depth, as it continues to strengthen partnerships and expand access to capital.
