Insurance premium finance company · COVERAGE INDEX
BankDirect Capital Finance LLC
Also known as BankDirect Capital Finance
BankDirect Capital Finance LLC was Texas Capital’s insurance-premium-finance subsidiary, sold to AFCO Credit Corporation in November 2022.
The sale included its operations and an approximately $3.1 billion loan portfolio. It is distinct from the historical BankDirect internet-deposit service mentioned in Texas Capital’s early prospectus.
Texas Capital Bank began with a heavily capitalized 1998 launch aimed at Texas businesses. A canceled merger, new leadership, a business sale and investment-banking expansion reshaped the franchise, while mortgage finance remains a distinctive part of its lending model.
Policy & official records
Curated library records that name BankDirect Capital Finance LLC or connect through its linked research. The official source provides full scope and status.
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