Commercial Capital reports record $174M in originations in 2024
Company has seen 20% jump in equipment costs financed since 2022
Equipment financier Commercial Capital Co. reached new heights in 2024 as it capitalized on increased equipment investment.
The Lenexa, Kan.-based lender reported a record $174 million in originations last year, according to a Jan. 28 release. Since 2022, Commercial Capital has experienced a more than 20% increase in equipment costs financed, highlighting strong demand across key industries, including construction, material handling, directional drills and transportation.
In addition, Commercial Capital strengthened its leadership team in 2024 by hiring Seth Seely as director of credit and Kyle Banks as director of technology.
The appointments have been instrumental in enhancing credit assessments and implementing advanced tech-driven solutions. Furthermore, the company’s transition to the Leasepath servicing platform is expected to optimize customer experiences through faster processing times and improved client communication.
“Our investment in leadership and technology underscores our commitment to operational excellence,” Chief Operating Officer Jonathan Yount stated in the release. “With these enhancements, we’re not just meeting the current demands of our clients, but we’re also positioning ourselves for sustained future growth. We believe that these changes will allow us to continue to surpass our goals and be a leader in the equipment financing industry.”
The third annual Equipment Finance Connect at the JW Marriott Nashville in Nashville, Tenn., on May 14-15, 2025, is the only event that brings together equipment dealers and lenders to share insights, attend discussions on crucial industry topics and network with peers. Learn more about the event and register here.
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