Commercial Credit, Inc. (CCI), the parent company of Commercial Credit Group Inc. (CCG), announced the launch of its initial public offering of 7,250,000 shares of its common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission ("SEC"). The Company is selling 4,312,500 shares of common stock and certain stockholders, including affiliates of Lovell Minnick Partners LLC and Archbrook Capital Management LLC, are selling 2,937,500 shares of common stock. It is currently estimated that the initial public offering price will be between $15.00 and $17.00 per share. In addition, the selling stockholders will grant the underwriters a 30-day option to purchase up to an additional 1,087,500 shares from such selling stockholders. CCI has applied to list its shares on the New York Stock Exchange under the symbol "CCR."

J.P. Morgan Securities LLC and Keefe, Bruyette & Woods, Inc. are serving as joint book-running managers and as representatives of the underwriters for the offering. BMO Capital Markets Corp., SunTrust Robinson Humphrey, Inc., Wells Fargo Securities, LLC and BB&T Capital Markets, a division of BB&T Securities, LLC, are serving as co-managers for the offering.

Commercial Credit, Inc. is an independent commercial equipment finance and leasing company that through its wholly-owned, operating subsidiaries, Commercial Credit Group Inc. and CCG Equipment Finance Limited, provides secured loans and leases to small and mid-sized businesses in the construction, fleet transportation and waste industries.