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CCG Establishes Canadian Operation

January 14, 2014, 07:05 AM
Filed Under: Industry News

Commercial Credit Group Inc. through its wholly owned subsidiary CCG Equipment Finance Limited (“CCG”), announced the establishment of its operations in Canada. CCG will initially serve the construction, transportation and waste industries in the Canadian Provinces of Ontario, west to British Columbia, from its Canadian headquarters in Hamilton, Ontario.

Christopher T. Evered, Regional Vice President, will direct the expansion of the Company’s Canadian operations.

CCG Co-Founder and Chief Executive Officer Dan McDonough commented, “We are excited with the growth potential of the Canadian market. Our unique strategy coupled with an underserved market represents considerable opportunity for CCG. Chris has a rich history in the equipment finance sector, and specifically the industries and territories we serve, and will lead the effort to build an origination, credit and support team from which we will launch this growth initiative. Our Canadian expansion is the next step in CCG’s objective in providing industry leading equipment finance and leasing solutions from a regional full-service footprint.”

Commercial Credit Group Inc. (CCG) is an independent commercial equipment finance and leasing company that provides secured loans and leases to small and mid-sized businesses in the construction, fleet transportation and waste industries. Our sales force, located across the United States, sources transactions through end-users, equipment vendors and manufacturers with typical transaction sizes ranging from $100,000 to $2,500,000. CCG was founded in 2004, is headquartered in Charlotte, North Carolina and operates full service offices in Buffalo, New York and Naperville, Illinois. Since inception, CCG has originated over $1.5 billion of finance receivables.

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