Blue Sage Capital Invests in NexGen Financial
Summary
The cash infusions from NexGen allow debt settlement companies to finance customer acquisition costs and maintain operations without sacrificing growth goals. Further, NexGens deep understanding of the industry and flexible capital solution makes them a highly strategic partner to their customers. The investment from Blue Sage will serve as primary growth capital on NexGens balance sheet to accelerate growth.NexGens Founder and President, James Shanahan, commented, "Partnering with Blue Sage and Four Point will enable us to meet the demands of our debt settlement partners that are rapidly growing in the current macroeconomic environment. We are impressed with NexGens ability to offer a unique capital solution to its partners while maintaining a highly scalable business model. Given the Companys deep and robust experience in the debt settlement space, we believe they are uniquely positioned to expand their partnerships with existing and new customers during a time of rapid growth.