Equipment Finance Company Achieved a Record $764 Million in Originations in 2024
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.”