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Verdant Commercial Capital Adds Friedrichs as VP in Specialty Vehicle Group

January 07, 2022, 07:18 AM

Verdant Commercial Capital has hired James Friedrichs as a Vice President in its Specialty Vehicle division, with an emphasis in the over the road trucking. With three decades of industry experience, Friedrichs will work with distributors and end users to provide a best-in-class financing experience. Friedrichs will be located in Verdant’s Minnesota office.

“As Verdant continues to grow the specialty vehicles vertical, we are excited to complement our team with the experience and relationships that James brings to us,” said Pete Thorp, Verdant Special Vehicle Vice President. “The specialty vehicle vertical is a significant part of the overall growth strategy for Verdant, and we’re looking forward to expanding into this market.”

Friedrichs was most recently a Vice President and Territory Manager at Huntington Bank Equipment Finance, where he was responsible for financing over the road trucks on the West Coast.

“I’m very excited to join the Verdant team and have the opportunity to work with industry professionals who share the same passion for customer service as I have,” said Friedrichs. “Combining my experience and skillset with Verdant’s superior processes will add value to dealers as well as end users.”

Verdant Commercial Capital is a national, independent commercial equipment finance company that provides financing solutions for the acquisition of critical equipment and software in six industry verticals: industrials, manufacturing, specialty vehicles, office products, information technology and energy efficiency/ renewables. Verdant works with OEMs, vendors, dealers, distributors, software developers, resellers and energy contractors. Sponsored by leading private equity investors, Verdant is the sixth largest independent equipment finance company in the U.S. and is headquartered in Cincinnati, OH, with offices in Dallas, Los Angeles and Minneapolis.

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