CG Commercial Finance Rebrands as Nexseer Capital
IRVINE, CALIFORNIA, October 8, 2018. CG Commercial Finance has announced, effective immediately, that it is now doing business as Nexseer Capital.
Since 1999, Nexseer Capital has employed its deal structuring expertise to offer equipment and project financing, often as a complement to customers’ senior lending relationships. In recent years, growth has been supported by the company’s 2016 acquisition by funds managed by Atalaya Capital Management. The rebranding to Nexseer coincides with a transformation of the business from a structuring and syndication boutique into a well-capitalized institution with balance sheet lending capabilities built upon the same core deal structuring expertise. The company has continued to secure additional capital, established a more robust intermediary funding group, and made numerous key personnel additions.
Scott McCullum, President of Nexseer, said, “We are building on our deal-making heritage to establish a new face to the market. Nexseer Capital is well capitalized to meet the needs of mid-large corporates while offering the flexibility to fund more complex and challenging situations. We’ve evolved greatly since our inception, and it was time that we embrace a new identity that embodied our bold new direction and thirst for growth.”
‘Nexseer’ is the simple a combination of the words ‘next’ and ‘seer’, representing the company’s efforts to see beyond the norm and into what’s next, providing clarity in what is otherwise complex.
About Nexseer Capital
As a direct lender throughout the United States and abroad, the deal structuring experts at Nexseer Capital solve for the equipment and project finance needs of mid-sized and large companies. Nexseer has the financial strength to offer supplemental, highly competitive CapEx financing, and the underwriting capabilities to fund more challenging situations that don’t easily fit traditional lending standards. Nexseer leverages its employees’ decades of experience as dealmakers across a range of asset classes, financing structures, and economic cycles to solve problems and deliver execution confidence.