Commercial Capital Company is marking its 40th anniversary with a powerful start to the year, announcing record-breaking first-quarter results that underscore its continued leadership in the equipment financing industry.
In Q1 2025, the company financed US$53 million in equipment costs—an 83% increase over the same period in 2024 and a staggering 282% growth compared to 2020. This historic performance sets a new benchmark for the company as it celebrates four decades of service to businesses across the country.
“This success 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 prioritising the trust of our customers.”
As part of its continued investment in growth, Commercial Capital made significant strides in Q1 to strengthen its workforce and technological infrastructure. In February, the company expanded its sales force with the addition of four new team members, bolstering its footprint in Texas—a region identified as a key market for future expansion.
In March, the company further enhanced its leadership team by appointing Sarah Pendergrass as its new Accounting Controller. Her role will be critical in maintaining financial integrity and transparency as the company scales its operations.
To drive operational efficiency and service innovation, Commercial Capital implemented Leasepath in January—an origination and servicing platform tailored for the equipment finance industry. The platform’s capabilities will enable the company to streamline processes, boost responsiveness, and deliver an elevated customer experience.
Rice noted: “The addition of our new team members and the adoption of Leasepath are crucial steps in ensuring we continue to provide unparalleled customer service.”
