Maxim Commercial Capital provided hard-asset secured financing to 289 small and mid-sized businesses during the first six months of 2019.

Transactions funded by Maxim during the second quarter included:

• Working capital for repeat borrower: a San Francisco-based company under contract to sell a commercial property needed capital to relocate, build out newly leased premises and for working capital. Maxim funded $600,000 ($1.8 million total), with second liens on a commercial building and a 70-acre property with two houses as collateral.
• Additional financing for trucking company: an existing borrower which needed additional flatbed trailer and working capital to fulfill customer demand. Maxim funded $26,000 ($65,700 total), with two 1997 Reitnouer Flatbed Trailers, 2012 Freightliner Cascadia and a 2nd lien on single-family residence as collateral.
• Working capital for animal rehabilitation business: a business owner in Florida with challenged credit needed funds quickly to continue pursuing growth opportunities. Maxim funded $20,000, with a 2014 Kubota M7040 and a 2014 John Deere 790 tractor with 200 loader attachment as collateral.
• First truck for start-up trucking company: a start-up trucking business owner without CDL needed financing for a first truck purchase. Maxim funded $52,596 (73% of purchase price), with a 2015 Kenworth T680 with 455,000 miles as collateral and borrower’s CDL driver as guarantor.

Maxim Commercial Capital helps small and mid-sized business owners seize opportunity by providing financing in amounts up to $3 million secured by heavy equipment and real estate.