Commercial Capital reports record Q1 growth
Financed $53M of equipment, up 83% YoY
Lenexa, Kan.-based Commercial Capital Company reported a record $53 million in equipment costs financed in the first quarter.
That marks an 83% year-over-year increase and a more than 282% surge from Q1 of 2020, according to a company release today. The company’s Q1 results also follow a record $174 million in originations in 2024.
Supporting its growth, Commercial Capital added four new members to its sales team in February to strengthen its presence in Texas, a key growth market. The company also welcomed Sarah Pendergrass as accounting controller in March.
In January, Commercial Capital partnered with Leasepath, an equipment finance and leasing platform designed to streamline operations and enhance customer service.
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