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Verdant Commercial Capital Signs Vendor Program Agreement with Hiab USA

October 25, 2018, 07:22 AM
Filed Under: Vendor Finance News

Verdant Commercial Capital, LLC executed a multi-year vendor program agreement with Hiab USA Inc., a Cargotec Company.  The agreement provides retail financing for Hiab USA equipment customers in the United States.

Verdant Commercial Capital is an independent equipment finance company with its headquarters in Cincinnati, with additional offices in Dallas, Minneapolis and Monrovia, CA. Verdant provides innovative and flexible financing solutions in support of its vendor partners across the broad segments of Specialty Vehicle, Construction, Technology, Energy Efficiency/Renewables, Industrial and Office Solutions.

Hiab is the world’s leading provider of on-road load handling equipment, intelligent services and digitally connected solutions. Hiab’s US offering encompasses class-leading load handling equipment including Hiab loader cranes, Moffett truck-mounted forklifts and Multilift demountables. The Hiab nationwide service network is comprised of more than 25 branch locations and 125 mobile service technicians to provide preventative maintenance and service to Hiab customers from coast-to-coast.

“We are excited to partner with Verdant Commercial Capital on this program to continue to add value for our customers. We look forward to leveraging the Verdant team’s extensive industry experience to offer competitive equipment financing solutions to our customers,” said Roger Slagle, Director of Business Control.

“Hiab USA is a market leader, has an exceptional reputation and is the exact kind of partner Verdant looks to work with to offer financing solutions. The Verdant team will work hard to help Hiab USA sell more equipment through financing,” said Brian Lowe, Chief Commercial Officer for Verdant Commercial Capital.

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