Record Year Propels Verdant Commercial Capital to $3 Billion in Lifetime Originations
Equipment Finance Company Achieved a Record $764 Million in Originations in 2024
CINCINNATI–(BUSINESS WIRE)–Verdant Commercial Capital, LLC, one of the top 10 independent equipment finance companies in the United States, announced today that it has exceeded $3 billion in originations since its inception.
Verdant’s tremendous growth comes less than 15 months after it surpassed $2 billion in originations and underscores the predictability and sustainability of its unique vendor-focused model. Verdant originates leases and loans through relationships with top-tier vendors, OEMs and dealers of business-essential capital equipment and software.
Verdant’s 110+ experienced team members companywide provide financing solutions in six strategic industries. Their expertise and skill played critical roles in propelling Verdant to $3B in originations.
“This milestone represents the strength of our team’s dedication, our commitment to our vendor-focused model, and the trust we’ve built with our partners over the years,” said Mike Rooney, CEO of Verdant Commercial Capital. “Reaching $3 billion in originations is a testament to our ability to scale effectively while maintaining the values that have defined Verdant since our founding. We’re excited about what’s ahead as we continue to provide tailor-made solutions for our partners.”
Along with exceeding this benchmark of $3 billion in originations, Verdant continues to demonstrate its strong position for scaling its business. Verdant recorded a company-best $764 million in originations in 2024, a 37.2% increase year-over-year.
“Our innovative business model has attracted many of the best and brightest in the industry, and our people have made Verdant a go-to source for vendors seeking simplified financing solutions for their customers,” Rooney said. “Meaningful relationships are the key to our continued success.”
Verdant simplifies financing options to solve end users’ business-critical equipment needs by providing the expertise and discipline of a bank and the flexibility of an entrepreneurial independent. Verdant associates in six offices nationwide deliver innovative solutions through agility, expertise and growth.
ABOUT VERDANT COMMERCIAL CAPITAL
Verdant Commercial Capital is one of the top 10 largest independent equipment finance companies in the United States. Verdant provides financing solutions for the acquisition of business essential equipment and software in six industries: Industrial; Manufacturing; Specialty Vehicle; Golf, Sports & Entertainment; Renewables & Energy Efficiency; and Technology & Office Automation. Verdant brings partners the ability to fund business with transaction sizes from below $25,000 up to $100 million. The company is headquartered in Cincinnati and has offices in Detroit, Jacksonville, Kansas City, Minneapolis, and Raleigh. Verdant was named a Top Workplace by The Enquirer Media in 2022, 2023 and 2024. For more information, visit www.verdantcc.com.
Contacts
Media Contact:
Jane Vanderhorst
Jane@VanderhorstConsulting.com
(513) 484-0753
