Maxim Commercial Capital, a provider of loans and leases from $10,000 to $3 million collateralized by Class 6 and 8 trucks, trailers, heavy equipment and real estate, provided equipment purchase and cash out financings in 31 states during Q1/24. read more
APR 18, 2024 - 6:31 am
Maxim Commercial Capital reported an 86% increase in funded deals during 2023 compared to 2022. The company also promoted Michael Kianmahd to CEO, effective Jan. 1. read more
JAN 23, 2024 - 7:01 am
Maxim Commercial Capital saw robust demand across its diverse financing programs for the third quarter of 2023. The hard asset secured lender reported a 100% year-over-year increase in truck financings for the period. read more
OCT 18, 2023 - 6:15 am
Maxim Commercial Capital reported nearly 300% more funded deals in Q2/23 than in the same period in 2022, despite broader economic headwinds and rising interest rates. read more
JUL 18, 2023 - 6:47 am
Maxim Commercial Capital reported year-over-year growth during Q1/23, as the private finance company closed nearly three times more truck financing transactions in Q1/23 than in Q1/22. read more
APR 19, 2023 - 6:42 am
Maxim Commercial Capital reported that it increased originations in each successive quarter of 2022 and also launched a new credit tier program for truck financing. read more
JAN 19, 2023 - 6:55 am
Maxim Commercial Capital expanded its target market during Q3/22 by launching an enhanced risk-based scoring system for its Truck Financing Program. read more
OCT 14, 2022 - 7:09 am
Maxim Commercial Capital reported a company-record low in delinquencies in Q1/22 along with increased fundings to better credits and demand for cash-out financings secured by real estate and equipment. read more
APR 15, 2022 - 7:20 am
Maxim Commercial Capital reported that it fulfilled the financing needs of small and mid-sized businesses in 41 states and expanded its truck financing program during 2021 despite global disruptions in the equipment industry and the lingering COVID-19 pandemic. read more
JAN 26, 2022 - 6:30 am
Maxim Commercial Capital experienced increased demand across all of its lending programs during Q3/21, with the company funding deals in 32 states during the quarter. read more
OCT 14, 2021 - 6:08 am
Maxim Commercial Capital funded deals in 32 states for borrowers ranging from start-up truck owner-operators with challenged credit to established technology companies with high-net-worth shareholders in Q2/21. read more
JUL 22, 2021 - 6:15 am
Despite low inventory of well-priced, low mileage Class 8 used trucks, Maxim Commercial Capital closed purchase financings ranging from $12,000 to $53,500 for hundreds of owner-operators in Q1/21. read more
APR 22, 2021 - 6:54 am
Maxim Commercial Capital funded transactions ranging from $10,000 to $1.5 million for borrowers in 42 states during 2020. read more
FEB 3, 2021 - 6:47 am
Maxim Commercial Capital funded hard asset-secured financings for small and mid-sized businesses in 32 states during Q3/20, including a $52,100 app-only loan secured by a 2019 Chevy 6500HD Rollback Tow Truck. read more
OCT 15, 2020 - 7:08 am
Maxim experienced a steady increase in applications from small and mid-sized businesses and funded hard asset-secured financings in 30 states across the U.S. in Q2/20. read more
JUL 15, 2020 - 6:42 am