Commercial Capital Company announced record-breaking results for the first quarter of 2025, marking a significant milestone in the company's 40-year history in the equipment financing industry. The company achieved $53 million in equipment cost financed, reflecting 83% growth compared to Q1 2024 and a more than 282% increase from 2020.
Additionally, Commercial Capital has made strategic investments in Q1 focusing on its workforce and technology. The company expanded its sales team in February by hiring four new sales team members, strengthening its presence in Texas—a key market for growth.
To further support its operational excellence, Commercial Capital welcomed a new Accounting Controller, Sarah Pendergrass, to the team in March. This addition underscores the company's commitment to maintaining robust financial management and transparency as it scales.
In alignment with its core value to continuously improve, Commercial Capital announced the adoption of Leasepath in January. Leasepath is a world-class origination and servicing platform specifically designed for the equipment finance industry and will enable the company to streamline processes and enhance service delivery.
"The success we’ve seen this quarter demonstrates the strength of our business model and the dedication of our team," said Mitch Rice, CEO and Co-Founder of Commercial Capital. "As we celebrate 40 years in this industry, we remain committed to our core values and prioritizing the trust of our customers. The addition of our new team members and the adoption of Leasepath are crucial steps in ensuring we continue provide unparalleled customer service.”