Verdant Commercial Capital has grown its Industrial vertical with three experienced additions. These new team members will deepen the company’s expertise while providing Verdant’s Industrial partners with equipment financing options. The three...
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January 30, 2024, 07:23 AM
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Verdant Commercial Capital recently completed the funding of the last of a portfolio of solar projects which were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar...
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January 17, 2024, 07:00 AM
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Verdant Commercial Capital has expanded its team with five newcomers who will augment the company’s agility, expertise and growth through innovative solutions for business-critical equipment needs. Verdant has expanded its Industrial vertical with...
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December 01, 2023, 07:23 AM
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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 announced the closing of its inaugural term securitization, Verdant Receivables 2022-1. Verdant provides sales financing by partnering with sellers of capital equipment and computer software.The transaction was...
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February 07, 2023, 07:18 AM
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Verdant Commercial Capital, LLC has completed the first ever on-bill repayment agreement for the State of California’s GoGreen Business Energy Financing program. GoGreen Business is committed to sustainability, and it supports small businesses that...
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November 22, 2022, 07:05 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, LLC executed a multiyear program agreement with Synovus Bank to provide a new equipment finance offering — Synovus Equipment Leasing — for Synovus Bank commercial customers. Through the offering, leasing and equipment...
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July 08, 2022, 07:22 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 is expanding its focus in the energy market by adding three team members to its sales team and opening a new office in Detroit, MI. Joining the Verdant Energy Division sales team are Joshua Patton, Chris Herman and Jonathan...
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January 19, 2022, 07:22 AM
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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...
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January 07, 2022, 07:18 AM
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Verdant Commercial Capital announced it is moving its headquarters to a new location in Cincinnati, OH. Due to its growth and the number of new employees the company has added over the past four years, Verdant needed to expand its main...
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December 02, 2021, 07:05 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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Syndifi Inc. announced its newly onboarded client, Verdant Commercial Capital, to use Syndifi for loan syndication and pipeline management.“We are thrilled to have Verdant onboard and a part of the Syndifi family,” said Alistair Canal, Executive Vice...
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September 23, 2021, 07:16 AM
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Verdant Commercial Capital executed a multi-year Vendor Program Agreement with Climb Channel Solutions.This partnership combines customized long-term finance options with the latest in emerging and disruptive technologies that Climb Channel Solutions...
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August 19, 2021, 06:48 AM
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Verdant Commercial Capital, LLC has hired Jennifer Karpinecz as a Vice President, Relationship Manager. She will work with industrial and construction companies in the Eastern United States. With 17 years in equipment finance, Karpinecz brings a...
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July 30, 2021, 07:23 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 hired Barry Hart and Ben Klang in the Specialty Vehicle vertical with an emphasis on equipment utilized in the solid and liquid waste segment. Hart and Klang each join Verdant as a Relationship Manager and Vice...
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April 06, 2021, 07:23 AM
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Verdant Commercial Capital, LLC is expanding its focus on the Office Products market by adding three industry veterans to its sales team. Joining the Verdant Office Products sales team are Scott Plemmons, Ruthanne Walsh and Jim Wheeler. “In our...
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March 16, 2021, 07:25 AM
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Verdant Commercial Capital, LLC announced it has hired Bob Heimbrock as Vice President in the technology vertical. He will work with OEMs, distributors, resellers and end users to help Verdant partners sell more through financing. With 40 years of...
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February 03, 2021, 07:26 AM
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Verdant Commercial Capital, LLC executed a multi-year Vendor Program Agreement with KION North America Corporation. The agreement provides retail financing for KION North America’s Linde and Baoli forklifts in the United States. The go-to-market name...
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December 08, 2020, 07:22 AM
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Verdant Commercial Capital, LLC has hired Joel Zeller as Capital Markets Relationship Manager. He will work with the Verdant vendor sales team to source on- and off-balance sheet funding for some of Verdant’s high dollar transactions. Zeller has more...
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October 23, 2020, 07:22 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 executed a multi-year Vendor Program Agreement with Fecon, Inc. The agreement provides retail financing for Fecon equipment in the U.S. throughout its dealer network and direct relationships.“We are excited to partner...
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July 14, 2020, 07:17 AM
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Verdant Commercial Capital and Energetic Insurance announced EneRate Credit Cover has been applied to a transaction that utilized a sale leaseback tax equity investment structure, marking the first time the EneRate Credit Cover policy had been used...
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April 10, 2020, 07:00 AM
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Verdant Commercial Capital, LLC has executed a multi-year vendor program agreement with LBX Company, LLC, makers of Link-Belt Excavators. The agreement allows Verdant to provide retail financing for Link-Belt Excavator equipment to the LBX dealer...
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March 10, 2020, 07:25 AM
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Verdant Commercial Capital, LLC has hired Amanda Lundmark to manage business development efforts in the passenger transportation industry as Vice President, Relationship Manager. Lundmark has more than 13 years of experience in the equipment finance...
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February 28, 2020, 07:17 AM
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Verdant Commercial Capital, LLC has hired Travis Burnett as Vice President, Relationship Manager to grow originations in its technology vertical. In his role at Verdant Commercial Capital, Burnett will concentrate on building relationships with OEMs...
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February 21, 2020, 07:13 AM
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Verdant Commercial Capital, LLC executed a multi-year vendor program agreement with MEC Aerial Platform Sales Corp. The agreement provides retail financing for MEC Aerial’s customers in the United States.“The Verdant team is excited to partner with...
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January 03, 2020, 07:13 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 executed a multi-year Vendor Program Agreement with Haulotte U.S., Inc. The agreement provides retail financing for Haulotte U.S., Inc. equipment customers in the United States.Verdant Commercial Capital is an...
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August 07, 2019, 07:10 AM
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Verdant Commercial Capital, LLC expanded on its multi-year Vendor Program Agreement with Hiab USA Inc., a Cargotec Company, and will now provide retail financing for Princeton Delivery Systems. Princeton Delivery Systems is the leading North American...
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March 11, 2019, 07:20 AM
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Verdant Commercial Capital, LLC hired Josh Snider as Vice President, Relationship Manager, to support vendor relationships in the Construction and Industrial verticals. Snider has 14 years of experience in many areas of commercial finance. For the...
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December 13, 2018, 07:25 AM
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Ivory Consulting Corporation announced Verdant Commercial Capital, a newly formed independent equipment finance company, selected SuperTRUMP to support the modeling and pricing of the after-tax and renewable-energy leases they structure for their...
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December 04, 2018, 06:50 AM
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Verdant Commercial Capital, LLC has hired John Evans to initiate business development efforts across the key verticals of Specialty Vehicle, Construction, Technology, Industrial and Office Solutions. Evans has more than 30 years in the equipment...
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November 07, 2018, 07:22 AM
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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...
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October 25, 2018, 07:22 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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