According to NXT Capital, its Corporate Financing Group created a Direct Originations Team today zeroing in on sourcing cash flow solutions. The aim of the new team is to seek out financial opportunities from senior secured, stretch, second lien, and stretch financing options for non-sponsored, mid-market institutions within the United States.

NXT Capital's Corporate Finance Group is among the top providers of structured funding to companies who have been invested by private equities. Its formulation of the Direct Originations Team will enhance NXT Capital's capability to foster relationships with funding institutions, intermediaries, financial advisors and other parties involved in the middle market. Structured financing is provided to companies in order to transfer financial risk and avoid possible legal conflict.

Richard Rogers, a veteran in the fund origination industry, will head the Direct Originations Team. He recently worked as Managing Director of GE Capital's Corporate Lending Group for the Central Region where he managed originations across ten states.

"We're excited to have such an experienced professional join NXT Capital and lead the Direct Originations Team," commented Corporate Finance Group's Head John Finnerty.