PEAC Solutions has recorded significant commercial growth in the US market in 2024. The company recently closed the 2024 business year with US$1.49 billion in new business volume, which represents a nearly threefold increase in new business from the US$509 million funded in 2022.
“The realisation of this extraordinary commercial milestone highlights PEAC Solutions’ continued focus on growing our share and presence in the US market,” said Bill Stephenson, Global CEO of PEAC Solutions.
“This strong growth is a direct result of our commitment to delivering innovative solutions and an exceptional service experience to all of our partners and customers.”
In 2024, PEAC also completed two successful securitisations, totalling almost US$1 billion and backed by leases and loans secured by office, commercial, industrial, and other construction equipment. Both securitisations received top-class ratings of F1+/AAA from Fitch and K1+/AAA from KBRA and were met with strong investor interest, which underscored confidence in PEAC Solutions’ growth strategy and financial management.
The company also invested in cutting-edge technology to enhance its digital platforms, improving the customer experience and expanding its reach across key markets. All of these development efforts have solidified its reputation as a trusted partner in equipment financing.
Looking ahead, PEAC Solutions plans to build on its momentum in 2025 by further innovating its products, expanding its market presence, and continuing to deliver value to its partners and customers.
“Our remarkable growth reflects a clear vision, a strong strategy, and the efforts of a passionate and dedicated team,” commented Greg Sting, President of the Americas.
“By introducing new finance programs that are supported by innovative technologies and serviced by a strong team of industry professionals, we will continue to strengthen and grow the valued relationships that we have with both our partners and customers.”
