Nexbank is a financial institution providing banking services to its clients. It was founded in 1992 and is located in Dallas, Texas. Residents in Dallas have benefited from 95 years of service of the bank. Recently, Nexbank announced that it would support the Dallas Women’s Foundation at the 32nd Annual Luncheon. Dallas Women Foundation is the largest regional women’s fund in the world and a champion of positive economic and social change for girls and women. Nexbank sponsored the foundation with about $100,000 that would be used to spearhead women’s leadership and financial security. Among the prominent persons who are expected to address the congregation is Dr. Hope Jahren, the best-selling author, and an award-winning scientist. His talk will be live-streamed to more than 10,000 students in Texas.
Nexbank under the leadership of James Dondero who is a Co-Founder and President of Highland Capital Management offers other services such as commercial banking, mortgage banking, and institutional services.
Commercial Banking. Residents in Texas can acquire both SBA and commercial loans from Nexbank. SBA loan is a program by the government and Small Business Administration to finance business owners with capital for investment. It has low entity requirements and offers loans amounting up to $5,000,000. Commercial loans, on the other hand, are credited to bankers with operational expenses or working capital needs. Nexbank has flexible loan repayment terms to allow residents to keep their businesses running.
- Mortgage banking. Nexbank lends its consumers money to facilitate the acquisition of property such as real estate.
- Institutional services. Nexbank acts as a banker of other financial institutions and also helps them in investment banking by providing them with strategic measurements on how they can achieve their goals. It also offers real estate advisory to clients by educating them on how to increase efficiency, improve tenant experience and reduce operating expenses. Last but not least, Nexbank provides special interest accounts to meet the obligation of public funds depositors.
Nexbank has made banking more accessible for residents of Texas through the introduction of online banking. Online banking allows clients to deposit, withdraw or transfer money to other accounts without necessarily making a physical appearance at the bank.