FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News

Print

MMP Capital Sees Record-Breaking Success in 2021

February 16, 2022, 07:19 AM
Filed Under: Industry News

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, announced 2021 was a record-breaking year with more than $203 million financed for MMP Capital clients.

“The past two years have been a challenge for every business owner,” said John-Paul Smolenski, President and CEO, MMP Capital. “As we begin to begin to see the end of the pandemic, small and medium-sized businesses nationwide are turning toward the future and taking advantage of opportunities to expand or refresh their business through financing.”

“MMP Capital has seen this firsthand with our customers who financed more than ever in 2021,” added Smolenski. “Over the past nine years, we have built a strong name brand and reputation for fast, simple and effective lending, and is now seeing manufacturers turn to us to do business the MMP way.”

As a hybrid lender, MMP C can lend directly or utilize a vast syndication network, an approach that gives MMP Capital a competitive advantage and allows the company to offer quality service, highly competitive rates, and quick processes. As a result, loans are approved in hours versus the months typically required when borrowing through a traditional lender.

MMP Capital experienced growth throughout 2021, but noted significant gains during the fourth quarter with more than $60 million financed. The record-breaking quarter ended with another single record-breaking month with over $25 million financed in December 2021.







Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.