MMP Capital, a private commercial lender specializing in healthcare finance, as well as financing across multiple verticals, is celebrating a record-setting performance in December 2024 and Q4/24, with total originations hitting $55.6 million for December. The company has gone above and beyond its previous monthly benchmarks, achieving an unprecedented total of $125 million in originations during Q4/24.
Much of this success stems from MMP Capital’s relationship-driven business model. Now in its 12th year of business, MMP Capital maintains a focus on providing streamlined lending services to its partners. The company’s brand reputation in healthcare has allowed it to expand in step with an influx of vendors and business owners seeking reliable options for equipment financing. In addition, interest rate adjustments have aided in reducing overall costs for acquiring new equipment. A convergence of factors, this has encouraged many businesses to invest in advanced technologies with renewed confidence.
“The company mantra was to ‘survive ‘till ‘25’ for many small business owners. The last two years have been some of the toughest economic conditions in my lifetime. Tough times don’t last, but tough people do. I could not be prouder of the strength and resilience of our team,” John-Paul Smolenski, founder and CEO of MMP Capital, said. “Our sales team work themselves to the bone building long-term relationships with vendors and business owners. The December milestone is a direct result of our team’s dedication and our growing reputation in the industry. Many of our clients and industry partners indicate that they feel confident about future market conditions heading into 2025. Alongside our proven track record and strategic partnerships, we hope to create more value for small business owners across the country.”
Throughout 2024, the firm’s origination activity increased month over month.
“Our recent originations are an encouraging sign. The market is ready to turn the page and move forward,” Smolenski said. “The worst economic pressures are behind us. We anticipate continued demand for equipment financing solutions throughout 2025.”
