MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, has closed out another strong quarter, exceeding $75 million in funding for customers in both the second quarter and third quarter alone. The 2022 financing metrics are nearly 50 percent year-over-year compared to 2021.

In September 2022, MMP Capital announced a strategic partnership with Deutsche Bank for a $75 million secured warehouse line that has successfully helped to expand the company’s balance sheet and fueled MMP Capital’s rapid growth. Through this partnership, MMP Capital can keep loan management in-house, allowing MMP customers to continue working with their long-term MMP Capital representatives who pride themselves on being available around the clock.

“MMP Capital continues to exceed our growth projections and widen the gap between its competitors,” said John-Paul Smolenski, President and CEO, MMP Capital. “Two consecutive quarters above the $75M milestone is a significant achievement during a time of increasing interest rates and a recession, and I am confident we will continue to break new records as we enter our 10th year of business.”

Over the past nine years, MMP Capital has developed a reputation as the gold standard of aesthetic medical financing and is increasingly seeing growth in that sector. The company is also experiencing growth in the veterinary, dentistry, graphic arts and ophthalmology industries.

“Our streamlined approach to financing is a key differentiator for MMP Capital. Our ‘Time is Money’ mentality helps customers get equipment before any of their competitors, while also giving our vendor partners a huge competitive advantage of selling more product in less time. It is a win, win, win for all parties involved, which verifies our success is contagious approach to business,” concluded Smolenski.

As a hybrid lender, MMP Capital can lend directly or utilize a vast syndication network, allowing the company to offer quality service, highly competitive rates and quick processes. As a result, loans are approved within hours versus the months typically required when borrowing through a traditional lender.