Verdant Commercial Capital expanded its industrial vertical by hiring Tom O’Hear as senior vice president and vertical leader and Andrew Baccaro and Ryan van de Boogaard as relationship managers. read more
JAN 30, 2024 - 6:56 am
Verdant Commercial Capital completed the funding of the last of a portfolio of solar projects that were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar projects in the U.S. read more
JAN 17, 2024 - 6:38 am
Verdant Commercial Capital expanded its team by hiring five new members, including Aimee Bell, Audrey Wanless and Derek Onkalo, who joined the company’s automotive repair equipment financing unit within its industrial vertical. read more
DEC 1, 2023 - 7:04 am
Verdant Commercial Capital has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its first billion. read more
OCT 20, 2023 - 6:40 am
Verdant Commercial Capital closed its initial 144a term securitization, VERD 2023-1, which issued notes totaling $251.253 million that are backed by a portfolio of equipment leases and loans. read more
AUG 23, 2023 - 6:49 am
According to the Equipment Leasing & Finance Foundation’s August Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 50.4, an increase from the July index of 46.4. read more
AUG 17, 2023 - 6:54 am
Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by Verdant Receivables 2023-1 LLC (Verdant 2023-1), an equipment ABS transaction from Verdant Commercial Capital. Verdant 2023-1 represents the company’s first public equipment ABS transaction. read more
AUG 3, 2023 - 6:57 am
John Evans, vice president and business development manager of Verdant Commercial Capital, will retire, effective June 30. A financial services veteran, Evans has spent more than 40 years working in the equipment financing industry. read more
JUN 28, 2023 - 6:57 am
For the second consecutive year, Verdant Commercial Capital was named a Top Workplace in the Greater Cincinnati and Northern Kentucky area by Enquirer Media. read more
JUN 22, 2023 - 6:49 am
Verdant Commercial Capital expanded its funding capacity with the addition of a new $150 million warehouse line of credit provided by Bank of America. read more
JUN 13, 2023 - 7:02 am
Sentry Financial and Verdant Commercial Capital closed a $24 million equipment lease of construction equipment, including aerial work platforms and material handling equipment, for an equipment management, leasing and technology company. read more
MAY 8, 2023 - 10:03 am
Verdant Commercial Capital recorded $551 million in originations in 2022, an increase of 42% over 2021. read more
MAR 1, 2023 - 7:17 am
Verdant Commercial Capital’s increased its primary warehouse line of credit, led by Wells Fargo Bank, to $225 million with the addition of Regions Bank as a participant in the lending group. read more
FEB 24, 2023 - 7:09 am
Verdant Commercial Capital closed its inaugural term securitization, Verdant Receivables 2022-1. The transaction was privately issued to an insurance company. The bonds are backed by a portfolio of equipment leases and loans. read more
FEB 7, 2023 - 7:10 am
Verdant Commercial Capital completed the first ever on-bill repayment agreement for California’s GoGreen Business Energy Financing program. read more
NOV 22, 2022 - 7:22 am