Verdant Commercial Capital is expanding its focus in the energy market by adding Joshua Patton, Chris Herman and Jonathan Wickersham to its energy division sales team and opening a new office in Detroit.

“Until now, Verdant’s energy division has focused on financing technologies that generate clean energy,” John Merritt, executive vice president of Verdant Commercial Capital, said. “With the addition of this experienced team, Verdant has expanded its focus to include the financing of technologies that reduce the demand for energy. Demand-side management saves money for our clients and helps save the environment for all of us.”

The new Verdant energy division sales team members will focus on managing utility programs and developing relationships with manufacturers, utility employees and participating contractors to close their energy efficiency projects with financing programs.

Patton joined Verdant Commercial Capital as vice president with more than 17 years in equipment finance, most recently as vice president of sales at Ascentium Capital.

“I am so excited about joining the Verdant Commercial Capital sales team,” Patton said. “We are looking forward to growing Verdant’s energy efficiency division.”

Herman joined Verdant Commercial Capital as a relationship manager. Herman has 18 years of financial services experience, most recently as vice president of sales at Ascentium Capital.

“Our team can’t wait to utilize the unique financing platform at Verdant to help America save again,” Herman said.

Wickersham also joined Verdant Commercial Capital’s energy sales team as a relationship manager. Wickersham has more than seven years of financial services experience, most recently as a sales coordinator at Ascentium Capital.

“I’m very excited to join the team at Verdant Commercial Capital,” Wickersham said. “Their strong desire for growth provides us with a great platform to expand Verdant’s portfolio in the energy efficiency market.”

Prior to joining Verdant Commercial Capital, Patton, Herman and Wickersham were collectively responsible for financing more than $100 million in small business and commercial and industrial energy efficiency projects around the United States. Working through state programs, green banks, utility energy efficiency programs, manufacturers and contractors, the team has worked with more than 2,100 commercial customers.

With Verdant Commercial Capital’s energy division sales team located in Detroit, the company is opening a new office, which will be located in Rochester, MI.