Verdant Commercial Capital Reaches $1B in Originations Since Founding 2017
OCT 22, 2021 - 6:16 am
Verdant Commercial Capital surpassed its first $1 billion in equipment financing originations. This milestone means that Verdant has helped its equipment vendor business partners finance more than $1 billion in equipment for their customers.
In July 2017, company founders Mike Rooney, Chris Kelley and John Merritt started Verdant Commercial Capital. Four years later, the company has grown to more than 60 employees with offices around the United States. In 2020, Verdant was the sixth largest independent equipment finance company in the U.S. and 97th on the Monitor 100 for new business volume.
“Hitting $1 billion in financing in such a short time is a huge achievement for Verdant,” Rooney, who serves as CEO of Verdant Commercial Capital, said. “We literally started the company with a blank sheet of paper and a vision, and here we are four years later at $1 billion. We were able to accomplish this $1 billion milestone so quickly by bringing in the best people, staying true to our mission of helping our customers sell more equipment through financing and conducting business the right way. I am so proud of what they have achieved.”
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