Cincinnati, OH - 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 President, and they will work with OEMs, distributors, resellers, and end users to help Verdant partners sell more through financing. With a combined 36 years of experience in the industry, they bring a wealth of industry expertise to Verdant.

Scott Plemmons, Ruthanne Walsh and Jim Wheeler Join Office Products Team

Cincinnati, OH - 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 third year of business Verdant surpassed $300 million in originations in 2020 with double digit growth,” said Brian Lowe, Verdant’s chief commercial officer. “As we look to grow our six verticals at Verdant we wanted to hire deep domain expertise in the Office Products vertical and adding Scott, Ruthanne, and Jim does exactly that. We are excited to work with Office Products OEMs and their Dealers to help them sell more equipment and services through financing.”

Bob Heimbrock

Verdant Commercial Capital, LLC 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 experience in the IT industry, with the last 33 years in IT finance, Heimbrock brings a wealth of experience to Verdant.

“As Verdant continues to grow our technology vertical, we are excited to add someone with Bob’s experience and relationships. He brings a wealth of expertise in offering financing as a tool to help his partners sell more hardware and/or software.”

Margaret Irvin, CPA

Every year, the Monitor recognizes the Top 50 Women in Equipment Finance for their unique contributions to the equipment finance industry.

Margaret Irvin, CPA
Senior Vice President of Operations
Verdant Commercial Capital

“Our industry would benefit from a workforce that continues to look more like our customers and the world. As the next generation comes into the industry, I believe that we will continue to make strides in this direction.”

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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 for the new financing program will be Linde Material Handling Financial Services.

Linde Material Handling Financial Services brings the durability, high performance and low cost of ownership that customers of Linde Material Handling products have been known for and brings an affordable price tag to the entire market. This program agreement will allow customers to access Linde products at a very low monthly payment.

Joel Zeller

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 than 15 years of experience with several Fortune 500 companies in sales, credit, underwriting and management in commercial finance.

“We are thrilled to add Joel to the Verdant team,” said John Merritt, Verdant’s Executive Vice President of Capital Markets. “Joel’s deep background in transaction structuring, risk management and pricing, coupled with his experience in the syndication markets will further enhance Verdant’s ability to continue to say “yes” to our vendor partners through our well-established multi-funder model.”

Robert Moskovitz

Cincinnati, OH - 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 matters.

“Robert is a great addition to the Verdant team,” stated Mike Rooney, Chief Executive Officer of Verdant. “Robert’s background as a long-time CFO in our industry is a perfect fit for Verdant as we enter our third year of exceptional growth. As often happens in our industry, our team has known and admired Robert a long time in his previous roles. He brings the type of leadership and experience that aligns well with our culture to ensure continued success.”

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 their dealer network and direct relationships.

Verdant was included in this list in the May/June 2020 edition of the Monitor Magazine.

Top Dollar Gainers

Joining the ranking at No. 20, Verdant Commercial Capital delivered a solid year-over-year gain of $172.1 million.

Highest Percentage Increases

Four more companies joined the fold on the power of notable year-over-year gains: No. 20-ranked Verdant Commercial Capital with a 194.2% gain.

New Arrivals

Verdant Commercial Capital, led by Mike Rooney, No. 20 with $260.7 million.

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Monitor’s Top Private Independents continued their upward climb in 2019, surpassing the $8 billion threshold and achieving a 16.4% year-over-year increase. The group forecast a 21.9% gain for 2020, but with the impact of the coronavirus and oil market volatility, only time will tell if the group will maintain its trajectory in the year ahead.

The Top 25 Private Independents achieved another year of steady growth, reporting a new record for the group of $8,059.2 million in new business volume for 2019, marking a 16.4% year-over-year increase. Of the group, 21 achieved a net volume gain of $1,287.9 billion, three reported a net decline of $150.3 million and one reported no change.

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