PEAC Solutions is celebrating commercial growth in the U.S. market. The company recently closed the 2024 business year with $1.49 billion in new business volume, which represents a nearly threefold increase in new business from the $509 million funded in 2022.
“The realization of this extraordinary commercial milestone highlights PEAC Solutions’ continued focus on growing our share and presence in the U.S. market,” Bill Stephenson, global CEO of PEAC Solutions, said. “This strong growth is a direct result of our commitment to delivering innovative solutions and an exceptional service experience to all of our partners and customers.”
In 2024, PEAC also completed two successful securitizations, totaling almost $1 billion and backed by leases and loans secured by office, commercial, industrial and other construction equipment. Both securitizations received top-class ratings of F1+/AAA from Fitch and K1+/AAA from KBRA and were met with strong investor interest.
The company also invested in cutting-edge technology to enhance its digital platforms.
Looking ahead, PEAC Solutions plans to build on its momentum in 2025 by further innovating its products, expanding its market presence and continuing to deliver value to its partners and customers.
“Our remarkable growth reflects a clear vision, a strong strategy, and the efforts of a passionate and dedicated team,” Greg Sting, president of the Americas for PEAC Solutions, said. “By introducing new finance programs that are supported by innovative technologies and serviced by a strong team of industry professionals, we will continue to strengthen and grow the valued relationships that we have with both our partners and customers.”
