Maxim Commercial Capital reported a 150% increase in funding volume in the first quarter of 2025 compared to the same period last year.
The company, which offers loans and leases from $10,000 to $3 million secured by trucks, trailers, heavy equipment and real estate, approved 80% of submitted financing applications and funded borrowers in 37 states, according to an April 22 Maxim release. It also continued investing in its infrastructure, systems and personnel to support growth and exceed expectations in a challenging market, Maxim’s CEO Michael Kianmahd said in the release.
“As the unprecedented pace of change under the new administration’s economic policies present challenges for our industry, we remain steadfast in our mission to be the preeminent non-prime finance company supporting entrepreneurs, vendors, and finance brokers,” he said. “Despite market conditions, we approved 80% of financing applications submitted in Q1 2025, funded borrowers in 37 states, and continued to invest in our infrastructure, systems, and team.”
Maxim’s flexible financing solutions helped contractors grow their businesses despite economic challenges, according to the release. Recent examples include an Alabama tree service purchasing a $65,000 crane and a startup tow company acquiring a second truck with subprime credit.
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