Reliant Capital, a commercial financing company specializing in financing for equipment vendors, successfully funded $156 million for customers in 2022, a 101 percent increase year over year compared to 2021.

“Our plan to stay focused, keep a positive attitude and to be passionate about serving our partners in 2022 paid off,” said Chris Shea, President of Sales at Reliant Capital. “Growth in 2022 was driven by continued traction in our vendor origination channel combined with providing financing to our existing customers. During this period, we maintained our rigorous underwriting standards as evidenced by our portfolio performance. Our team is excited about the 2022 performance, and we anticipate that our continued focus on the mission will help drive growth in 2023. We are just getting started.”

Although 2023 is expected to have its share of economic uncertainty, the Reliant Capital team is aiming to continue hiring and growing.