Maxim Commercial Capital announced strong results financing used equipment purchases during the second quarter of 2025, despite price volatility and economic uncertainty caused by looming tariffs. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, construction and agricultural heavy equipment, and real estate.

“Our mission to empower underserved small and mid-sized businesses (SMBs) nationwide with essential capital has remained constant throughout Maxim’s 17-year history, during all types of economic cycles,” noted Michael Kianmahd, Maxim’s CEO. “As an independently owned and operated alternative lender, we adapt to market conditions real-time for the benefit of our customers and partners by leveraging deep asset expertise, innovative risk management technology and exceptional service.”

Over-the-road (OTR) used truck vendors, their customers and finance brokers were challenged during the quarter by premium pricing on lower mileage trucks and few funding resources for start-ups and subprime buyers. Maxim consistently delivered financing to B to D-rated-owner operators. Funded deals during the period included a $36K 2019 Freightliner Cascadia with 574K miles for 27% down for an experienced owner operator with a 669 FICO and limited credit history; a $60K 2021 Peterbilt 579 with 397K miles for 30% down for a start-up driver with limited credit history; and, a $49K 2022 Kenworth T680 with 498K miles for 29% down for an experienced subprime owner operator with a 580 FICO.

Maxim’s unique Structured Finance program remains popular among finance brokers whose customers own their homes or heavy equipment. These entrepreneurs may qualify for growth capital, short term debt refinancing, or up to 100% heavy equipment purchase financing by pledging their underleveraged home or owned equipment as collateral. As an example, a 20-year-old waste management company in New York with four trucks and a pending $1.0MM contract wanted to purchase a $200K 2022 Isuzu FTR Diamond Truck outfitted for trash bin cleaning. Traditional lenders turned down the borrowers due to negative cash flow over the prior two years, despite strong credit and contracts. Maxim helped fuel their goals with 100% purchase financing secured by a first lien on the newly purchased truck and the business owners’ home.