In 2016, NexBank Capital, Inc. offered a private placement of its fixed-to-floating notes to certain investors and investment companies and the offering closed on September 19, 2017, with Sandler O’Neill & Partners, L.P. being the sole placement agent for the private offering of the notes.
NexBank Capital Inc. is a financial institution that provides commercial banking services, mortgage banking services, wealth management, and other institutional services to real estate investors, middle-market companies, large corporations, as well as other financial institutions.
Commercial Banking services
NexBank Capital, Inc. provides loans for real estate investors who intend to acquire commercial property. Real estate investors who have already acquired a property for business purposes but need money to purchase equipment and other resources can also contact this financial institution for loans.
Besides, corporate organizations that need funds to execute projects or for other business purposes can equally request for loans from the institution.
Correspondent Banking is another service that NexBank can undertake. This means that NexBank can undertake financial services on behalf of other financial institutions. For example, NexBank can accept deposits on behalf of another financial institution, facilitate wire transfers on behalf of another financial institution and so on.
Another commercial banking service provided by this financial institution is wealth management. NexBank can help clients to undertake investment management services, provide financial planning, tax advice, and any other financial assistance required to grow and sustain long-term wealth.
Mortgage Banking Services
People who are interested in mortgage loans are encouraged to contact NexBank Capital, Inc. This is because the financial institution provides mortgage loans to customers.
Warehouse lending is also another service that you can get from this financial institution. This means that they can help to facilitate the payment for a warehouse on behalf of people who are interested in renting it for business purposes.
NexBank provides institutional services such as investment banking, real estate advisory, public funds depository services etc.
Furthermore, the aforementioned financial institution also specializes in personal banking. That is they accept money from individuals in order to encourage savings. For this reason, they have provided a range of savings products that have different interest-earning benefits.