Madison Capital announced that, effective Dec. 31, 2024, it will no longer offer direct financing for new equipment and vehicles. The company will continue to service existing clients and active accounts, while also working as an intermediary for those clients seeking additional financing for new transactions.

Nancy Pistorio, President, said, “After 40 years as a direct funder and careful consideration, we have made the difficult decision to no longer provide direct financing. Changes in the competitive landscape and the significant, ongoing investments required in technology and for regulatory compliance were some of the key factors that contributed to our decision. We value our many great referral partners who have contributed to our success over the years, and we are grateful for the loyalty, trust, and deep relationships we have built.”

Madison Capital, one of the longest-operating independent equipment finance firms, earned its strong reputation in the industry based on its commitment to delivering outstanding service, responsiveness to client needs, and depth of industry knowledge and support. Clients have been notified directly about the upcoming changes and will continue to have access to Madison Capital’s expertise servicing their existing loans as well as assisting them in securing sources for new funding needs.