Maxim Commercial Capital sees 21% staff expansion
2025 transactions included 100% purchase financing of $200K Isuzu truck
Equipment lender Maxim Commercial Capital grew its staff by 21% in 2025 as it provided financing solutions to small and mid-size businesses.
Notable leadership changes included the appointment of Lyndon Elam as chief operating officer and Donald Cosenza as senior vice president of business development, according to a Maxim release today.
Los Angeles-based Maxim provides loans ranging from $10,000 to $3 million, serving equipment industries including trucking, construction and agriculture.
One notable transaction last year was the 100% purchase financing of a $200,000 2022 Isuzu medium-duty truck for a waste management company, secured by a lien on the truck and the business owners’ home. Maxim also provided several truck loans to subprime borrowers with minimal time in business.
“We are looking forward to deploying new credit guidelines in early 2026,” Elam stated in the release. “Our committed team is eager to offer a broader and deeper credit spectrum across heavy equipment verticals to benefit borrowers and our vendor and finance broker referral partners.”
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