Commercial Capital Company, based in Kansas, US, has reported record-breaking financial results for the first quarter of 2025, marking a milestone in its 40-year history in the equipment leasing and financing industry.
The company financed $53 million in equipment costs, representing an 83% increase from Q1 2024 and a more than 282% surge compared to 2020.
In addition to its financial growth, Commercial Capital has strategically invested in its workforce and technology. In February, the company expanded its sales team by adding four new members, bolstering its presence in Texas — an important market for its leasing growth strategy.
Commercial Capital also appointed Sarah Pendergrass as Accounting Controller in March. Her addition reflects the company’s commitment to financial management and transparency as it scales.
In January, the company adopted Leasepath, an origination and servicing platform tailored for the equipment leasing and finance industry. This move aligns with its commitment to process efficiency and improved service delivery, ensuring a seamless leasing experience for clients.
“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 to prioritising the trust of our customers. The addition of our new team members and the adoption of Leasepath are crucial steps in ensuring we continue to provide unparalleled leasing solutions and customer service.”
