Commercial Capital originations hit record $59.4M in Q1
Lender funded 440 transactions across 32 states
Commercial Capital reported a record $59.4 million in originations in the first quarter, up 12% year over year.
The Lenexa, Kan.-based equipment lender funded 440 transactions across 32 states, according to an April 6 Commercial Capital release. The company attributed its Q1 performance to strong demand for construction, concrete and material handling equipment.
“Our focus has been on building a scalable foundation that supports long-term growth while maintaining the high level of service our customers and vendors expect from us,” Chief Executive Mitch Rice stated in the release.
The fourth annual Equipment Finance Connect, a crucial industry event for equipment lenders and dealers, takes place at the C. Baldwin Hotel in Houston May 18-19. Learn more about the event and register here.
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