Commercial Capital Company marked its 40th year in business with a record-breaking first quarter, reporting $53 million in equipment cost financed — a jump of 83% compared to Q1/24 and a 282% increase over Q1/20.
The Overland Park, Kansas-based equipment financing company also made several strategic moves in the first quarter of 2025, including expanding its sales team and investing in new technology to support future growth.
In February, the company added four new sales team members to boost its presence in Texas, one of its key growth markets. In March, Commercial Capital hired Sarah Pendergrass as accounting controller to strengthen its financial management and transparency.
To improve operations and client service, the company adopted Leasepath in January, a cloud-based origination and servicing platform tailored for the equipment finance industry.
“The success we’ve seen this quarter demonstrates the strength of our business model and the dedication of our team,” said Mitch Rice, CEO and co-founder. “As we celebrate 40 years in this industry, we remain committed to our core values and prioritizing the trust of our customers.”
Commercial Capital said it plans to build on this momentum through the rest of the year as it continues to grow its national footprint in equipment financing.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!
No tags available