Reliant Capital Reports 101% Increase in Equipment Funding Volume in 2022

Reliant Capital funded $156 million in equipment volume for customers in 2022, marking a 101% year-over-year increase.

“Our plan to stay focused, keep a positive attitude and to be passionate about serving our partners in 2022 paid off,” Chris Shea, president of sales at Reliant Capital, said. “Growth in 2022 was driven by continued traction in our vendor origination channel combined with providing financing to our existing customers. During this period, we maintained our rigorous underwriting standards, as evidenced by our portfolio performance. Our team is excited about the 2022 performance, and we anticipate that our continued focus on the mission will help drive growth in 2023. We are just getting started.”

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