PeopleNew study finds UK asset finance races to adopt AI, but struggles to turn pilots into proven ROI
PeopleNew study finds UK asset finance races to adopt AI, but struggles to turn pilots into proven ROI
Equipment Finance Sponsored by Equipment Finance News Commercial Capital Company reports record $59.4m Q1 2026 originations Published: 9th April 2026 Share Commercial Capital Company has reported a record-breaking start to 2026, with first-quarter originations reaching $59.4 million – a 12% increase compared to the same period last year. The equipment finance provider completed 440 transactions during Q1, marking a significant milestone for the firm and a strong upward trajectory. Since Q1 2020, originations have grown by approximately 328%, highlighting sustained expansion across its core markets. The company said demand remained particularly strong in construction, concrete, and material handling, sectors that continue to drive a large share of its business. Equipment financing was delivered across 32 US states during the quarter, reflecting Commercial Capital’s widening national footprint. To support this growth, the firm expanded its workforce, adding 12 new employees across eight departments. The hires were focused on strengthening sales, operations, and support functions, aimed at improving capacity and maintaining service standards as volumes increase. Chief Executive Officer Mitch Rice said the results reflect both market conditions and internal investment in the business. “Our focus has been on building a scalable foundation that supports long-term growth while maintaining the high level of service our customers and vendors expect from us,” Rice said. “This quarter reflects strong market demand and, more importantly, the hard work and dedication of our team as we continue to raise the bar.” Lisa Laverick Editor - Finance Connect Sign up to our newsletter Featured Stories NewsBNP Paribas and Carrier launch European HVAC finance partnership NewsALBIS Leasing reports €24.7m Q1 new business Corporate Member NewsSantander and Propel Finance partner on asset finance Equipment Finance