Maxim Commercial Capital reported a 150% year-over-year increase in funding volume during the first quarter of 2025, driven by demand for equipment and real estate-backed loans despite a volatile economic environment.

The Los Angeles-based finance company provides loans and leases ranging from $10,000 to $3 million, secured by trucks, trailers, heavy construction and agriculture equipment, and real estate.

“As the unprecedented pace of change under the new administration’s economic policies present challenges for our industry, we remain steadfast in our mission to be the preeminent non-prime finance company supporting entrepreneurs, vendors and finance brokers,” said Michael Kianmahd, CEO of Maxim.

Maxim said it approved 80% of submitted financing applications in the first quarter and funded deals in 37 states. The company is also continuing to invest in infrastructure, technology and staffing.

Among the first-quarter deals, Maxim financed a $55,000 2020 Peterbilt 579 for a borrower with challenged credit. When the applicant requested a lower down payment, Maxim revised the approval to fund a higher-mileage 2019 model instead.

Other funded deals included a $65,000 2025 Kymron CX10 Crawler Crane for an Alabama-based disaster relief company; a $52,000 2014 Caterpillar excavator for a South Carolina contractor; and a $6,660 2018 Ram 4500 tow truck lease for a startup roadside business with a sub-500 FICO score.

Maxim is hiring an accounting manager and senior accountant to support its continued growth. More information is available at maximcc.com.

Maxim Commercial Capital provides financing nationwide for small and mid-sized business owners, specializing in transportation and heavy equipment funding for startup and experienced operators.