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NXT Capital Equipment Finance Adds Managing Director of Capital Markets

May 29, 2013, 07:10 AM
Related: NXT Capital

NXT Capital announced that Corinne Seton has joined the company as Managing Director of Capital Markets. Seton’s responsibilities include managing NXT’s third party indirect origination and syndication activities. 

Seton joins NXT Capital from Cypress Financial Corporation, where she initiated and built the company’s aircraft leasing business. Her background includes more than 25 years of equipment finance business development and management experience, including as a Senior Vice President in GE Commercial Finance’s Global Enterprise Group. In that role, Seton delivered an array of secured loan and lease financings to some of GE’s largest commercial finance customers on the West Coast.

Seton spent the previous 15 years at GATX Capital Corporation, primarily as a Managing Director in the Corporate Finance division, where she originated and structured lease and portfolio acquisitions, and tax and accounting products for investment and syndication purposes.

“We’re delighted to have a professional of Corinne’s caliber join the NXT Capital team and lead our capital markets effort,” said Michael Gay, Group Head, Equipment Finance. “Corinne’s outstanding reputation and expertise will help establish NXT Capital as a leader in middle-market equipment financing. Her significant experience and industry relationships position NXT to provide a broad array of structures and solutions to parts of the market that have been starved for capital.”

“I’m very excited to join NXT Capital and the talented team under Mike Gay’s leadership,” said Seton. “The company is well positioned to capitalize on a unique market niche and offers a compelling value proposition for middle market companies seeking secured financing solutions.”

NXT Capital Equipment Finance offers a full range of flexible financing solutions to middle-market companies nationwide. The group will provide loans and leases from $2 million to $20 million to finance new and used equipment for companies with revenues of $50 million and above across most industries. Products include secured term loans, tax-oriented leases, finance leases, operating leases, TRAC leases and sale-leaseback transactions.  NXT Capital provides structured financing solutions to middle-market and emerging growth companies, as well as real estate investors, through its Corporate Finance, Equipment Finance, Real Estate and Venture Finance groups. Based in Chicago, NXT Capital has offices in New York, Atlanta, Boston, Charlotte, Dallas, Phoenix, San Francisco and Silicon Valley.







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