Verdant Commercial Capital announced the company has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its...
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October 20, 2023, 07:24 AM
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Verdant Commercial Capital, LLC, the nation’s sixth largest independent equipment finance company, announced the closing of its initial 144a term securitization. “VERD 2023-1” issued notes totaling $251,253,000 that are backed by a diverse portfolio...
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August 23, 2023, 07:23 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the August 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and...
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August 17, 2023, 07:25 AM
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Verdant Commercial Capital announced the retirement of John Evans, Vice President, Business Development Manager, effective June 30. A financial services veteran, he has spent more than 40 years working in the equipment financing industry. Equipment...
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June 28, 2023, 07:12 AM
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For the second consecutive year, Verdant Commercial Capital has been named a Top Workplace in the Greater Cincinnati and Northern Kentucky area by The Enquirer Media. The Top Workplaces list is based solely on employee feedback gathered through a...
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June 22, 2023, 07:10 AM
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Verdant Commercial Capital, LLC, the nation’s sixth largest independent equipment finance company, announced the expansion of its funding capacity with the addition of a new $150 million warehouse line of credit provided by Bank of America, N.A. This...
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June 13, 2023, 07:25 AM
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Sentry Financial, based in Salt Lake City, UT and Verdant Commercial Capital, based in Cincinnati, OH recently closed a $24 million equipment lease of construction equipment, including aerial work platforms and material handling equipment, to an...
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May 09, 2023, 07:15 AM
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Verdant Commercial Capital, LLC announced its 2022 originations were $551 million, an increase of 42 percent over 2021. Verdant originates leases and loans via relationships with top-tier vendors, OEMs and dealers of business-essential capital...
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March 01, 2023, 07:20 AM
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Verdant Commercial Capital announced that it has again grown its funding capacity. Verdant’s primary warehouse line of credit, led by Wells Fargo Bank, was increased to $225 million with the addition of Regions Bank as a participant in the lending...
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February 24, 2023, 07:27 AM
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Verdant Commercial Capital, LLC, one of the top 10 independent equipment finance companies, celebrated its fifth anniversary. The company was founded in 2017 by equipment finance veterans Mike Rooney, Chris Kelley and John Merritt. This team brought...
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October 07, 2022, 07:21 AM
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Verdant Commercial Capital is again growing its Golf, Sports & Entertainment team by adding Dan Smith as Vice President, Relationship Manager. He will be responsible for working with OEMs, manufacturers and dealer partners in these industries to help...
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August 02, 2022, 07:17 AM
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Verdant Commercial Capital announced it closed on a $75 million subordinated debt facility provided by Värde Partners, a global alternative investment firm. This capital will augment Verdant’s existing financing, allowing the company to further...
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June 23, 2022, 07:22 AM
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Verdant Commercial Capital has been named a 2022 Top Workplace in the Greater Cincinnati and Northern Kentucky area by The Enquirer Media. The Top Workplaces list is based solely on employee feedback gathered through a third-party survey administered...
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June 17, 2022, 07:16 AM
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Verdant Commercial Capital is expanding its equipment financing team in a familiar industry: Golf, Sports & Entertainment. To grow into this industry, Verdant has hired Ryan Brucker as Vice President, Relationship Manager. He is responsible for...
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May 06, 2022, 07:23 AM
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Verdant Commercial Capital announced that it recently expanded its funding capacity through the addition of a $200 million second facility with Wells Fargo Bank, N.A.Verdant’s new, multi-year warehouse facility consists of a $100 million base amount...
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November 12, 2021, 07:25 AM
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Verdant Commercial Capital announced the company has surpassed its first $1 billion in equipment financing originations. This milestone means Verdant has helped its equipment vendor business partners finance more than $1 billion in equipment for...
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October 22, 2021, 07:22 AM
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Verdant Commercial Capital announced the retirement of Jeff Glikman, founder and president of Intech Funding Corporation, effective June 30. Intech, a finance company focused on the machine tool industry, was started by Glikman and Ric Rivett in 1995...
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June 29, 2021, 07:25 AM
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Verdant Commercial Capital, LLC has added Robert Moskovitz as its Chief Financial Officer and a member of the Executive Staff. In this role, Moskovitz will be responsible for all financial management, planning, treasury, accounting and tax...
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August 24, 2020, 07:25 AM
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Verdant Commercial Capital, LLC has added Pete Thorp and Craig Crosby to its strategic Specialty Vehicle financing vertical market segment. Thorp and Crosby each have more than 20 years of experience managing and growing equipment financing in...
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August 12, 2019, 07:25 AM
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Verdant Commercial Capital, LLC, an independent equipment finance company, hired Brian Lowe to become its Chief Commercial Officer. Lowe has over 15 years of diversified commercial experience selling and leading teams across multiple industries and...
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October 10, 2018, 07:30 AM
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Verdant Commercial Capital, LLC of Cincinnati announced it has acquired Intech Funding Corp. of Monrovia, Calif. Intech is focused on financing and leasing for manufacturing companies nationwide.Intech will operate as a wholly owned subsidiary of...
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July 16, 2018, 07:25 AM
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Verdant Commercial Capital, LLC launched as an independent equipment finance company in the second half of 2017. Based in Cincinnati, Verdant primarily will focus on providing innovative and flexible financing solutions supporting vendor...
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June 26, 2018, 07:20 AM
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