Crossroads Equipment Lease & Finance launched First Continental Capital Group, a telesales division for syndicating commercial equipment loans and leases up to $50 million.

The division will be led by David W. Kukuk. First Continental will leverage Crossroads’ transportation background while expanding to all collateral types with a national reach. The division will be headquartered in Irvin, CA, marking the third location established by Crossroads in the last three years.

Founded by Velocity Vehicle Group in 2006, Crossroads originally supported the finance needs for customers of the VVG dealership network and all surrounding Southern California commercial truck dealers. Crossroads now has three divisions, Crossroads Small Business Solutions, Crossroads Equipment Lease & Finance and the newly formed First Continental Capital Group.