Verdant Commercial Capital
Verdant Commercial Capital is a national equipment finance company that originates leases and loans via vendor, OEM, and dealer partnerships across six verticals, funding business-critical equipment from below $25,000 to over $100 million, now operating as a division of Axos Bank.
- Company typePrivate
- Founded2017
- HeadquartersCincinnati, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Verdant Commercial Capital does
Verdant Commercial Capital is a national, independent equipment finance company that originates leases and loans for business-critical capital equipment and software via vendor, OEM, and dealer partnerships. Founded in July 2017 in Cincinnati, Ohio, by veterans of Information Leasing Corp./PNC Equipment Finance (Mike Rooney, Chris Kelley, and John Merritt), the company funds transactions from below $25,000 to over $100 million across the credit spectrum through six industry verticals: Industrial, Manufacturing (operated through the Intech Funding subsidiary acquired in 2018), Specialty Vehicles, Renewables & Energy Efficiency, Technology & Office Automation, and Golf/Sports & Entertainment. As of 2025, Verdant has originated over $4 billion in cumulative financing and maintains a $1.7 billion managed portfolio; 2025 annual originations reached $1.07 billion (40% year-over-year growth).
The company's core product is its Vendor Programs platform, complemented by a Partner Portal that enables vendors, OEMs, and dealers to submit applications, track transactions, and manage financing programs online. Capital is sourced through a combination of warehouse facilities (approximately $500 million in aggregate capacity from Wells Fargo, Bank of America, and Regions Bank), recurring 144a term asset-backed securitizations (four completed between 2022 and 2025, with the most recent — VERD 2025-1 — at $400.6 million), and balance-sheet funding from parent company Axos Bank, which acquired Verdant in September 2025 for $43.5 million and now operates it as a division. Verdant monetizes via net interest spread on leases/loans, origination and servicing fees, and securitization economics.
Verdant's revenue model is B2B vendor-channel only — the company does not sell directly to consumers. Distribution is concentrated through multi-year vendor program agreements and private-label arrangements (e.g., Linde Material Handling Financial Services with KION, Synovus Equipment Leasing, Big Joe Financial Services) that integrate financing into the dealer sales process. Underwriting and servicing are performed in-house, with credit leadership drawn from National City Commercial Capital and PNC, and the company holds a top-10 ranking among independent U.S. equipment finance companies, top-30 independent Monitor ranking, and top-40 vendor channel ranking.
Verdant Commercial Capital firmographics
Firmographics- Name
- Verdant Commercial Capital
- Legal name
- Verdant Commercial Capital, LLC
- Website
- https://verdantcc.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Verdant Commercial Capital is a national equipment finance company that originates leases and loans via vendor, OEM, and dealer partnerships across six verticals, funding business-critical equipment from below $25,000 to over $100 million, now operating as a division of Axos Bank.
- Ownership category
- akta.pro rank
Verdant Commercial Capital industry classification
Industry- Product category
- Equipment Finance & Leasing
- NAICS
- Sales Financing (52222), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Finance Lessors (6172), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Equipment Financing / Leasing (Venture-backed) (FSANAIAE)
Keywords
Where Verdant Commercial Capital is headquartered
LocationHeadquarters
- HQ city
- Cincinnati
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Verdant Commercial Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Equipment Leasing and Financing: Verdant generates revenue through interest income and fees from equipment leases and loans. The company originates leases and loans by partnering with vendors, OEMs, and dealers to finance business-essential capital equipment and software. Revenue is driven by the spread between cost of funds and yield on originated assets.
- Asset-Backed Securitization: Verdant periodically securitizes pools of equipment leases and loans through 144a term securitizations, converting illiquid assets into tradable securities and accessing capital markets for funding. Completed third securitization in May 2024 for $307.7 million and fourth in May 2025 for $400.6 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Transaction sizes from below $25,000 to $100 million+ |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Verdant Commercial Capital product offering
Product offeringCore offering
Verdant originates commercial equipment leases and loans by partnering with equipment vendors, OEMs, dealers, and software distributors, enabling those partners to offer financing to their business customers. Transaction sizes range from below $25,000 to over $100 million, spanning the credit spectrum across six industry verticals: Industrial, Manufacturing, Renewables & Energy Efficiency, Specialty Vehicles, Technology & Office Automation, and Golf/Sports/Entertainment. The company supports the offering with a digital Partner Portal, the Intech Funding sub-brand for manufacturing equipment, and asset-backed securitization funding through the capital markets.
Product overview
Verdant Commercial Capital is a national independent equipment finance company that was acquired by Axos Bank in September 2025 and now operates as a division of Axos Bank. The company's core offerings consist of Vendor Programs and a Partner Portal, which together enable the company to originate leases and loans by partnering with vendors, OEMs, and dealers. Financing is provided across six industry verticals: Golf, Sports & Entertainment; Industrial; Manufacturing (including the Intech Funding sub-brand); Renewables & Energy Efficiency; Specialty Vehicles; and Technology & Office Automation. Transaction sizes range from below $25,000 to over $100 million, and the company maintains a managed portfolio of $1.7 billion. The overall platform is enhanced by Axos Bank's $24.8 billion in assets, digital-first banking model, and expanded product and service offerings.
Differentiator
Problem solved
Functional benefit
Brands
- Intech Funding Corporation: Part of Verdant Commercial Capital, Intech has been financing manufacturing equipment for over 25 years with over $1 billion in equipment financed, specializing in machine tools and robotic systems.
Products and services
- Vendor Programs Verdant's primary financing channel, partnering with top-tier vendors, OEMs, and dealers to provide lease and loan financing for business-essential capital equipment and software across all industry verticals. Supports transactions across the credit spectrum from below $25,000 to over $100 million.
- Partner Portal Digital platform enabling Verdant's vendor partners to submit customer applications, track transactions, and manage financing programs online, including same-day credit approval through the vendor portal.
- Intech Funding Corporation A subsidiary of Verdant Commercial Capital specializing in manufacturing equipment financing, with over 25 years of experience and over $1 billion in equipment financed. Offers rates and terms for machine tools to full robotic systems.
- Industrial Equipment Financing Financing for business-critical industrial equipment offering competitive cost of capital, favorable tax benefits, and flexible contract structures for businesses assembling their own growth plans through equipment acquisition.
- Manufacturing Equipment Financing Financing solutions for manufacturing technology and production equipment, managed through Intech Funding, covering machine tools to full robotic systems with 25+ years of experience.
- Renewables & Energy Efficiency Financing Financing for efficient and renewable energy equipment, simplifying unique documentation, tax credits, rebates, and other issues associated with clean energy purchases; includes tax equity solutions via EneRate Credit Cover insurance.
- Specialty Vehicle Financing Financing solutions for specialty vehicles including tow and recovery equipment, refuse trucks, over-the-road tractors and trailers, last-mile delivery vehicles, shuttle buses, and medium-duty vocational trucks.
- Technology & Office Automation Financing Financing for technology and office automation equipment including IT infrastructure, user devices, video surveillance, AI dashcams, GPS tracking, cybersecurity hardware and software, copiers, printers, and production equipment, with features such as 100% soft-cost financing, app-only deals up to $500K, and 12–72 month terms.
- Golf, Sports & Entertainment Financing Equipment financing solutions for golf courses, sports facilities, and entertainment venues, addressing evolving industry demands with increased expense levels and flexible capital solutions to meet end-user expectations.
Quantifiable outcome
- $1.07 billion in funding volume in 2025 with 40% year-over-year growth
- +4 more outcomes
Companies that use Verdant Commercial Capital
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles3 records
Verdant Commercial Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature2 records
Verdant Commercial Capital partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, flagship, minor and strategic.
- Big Joe ForkliftscoreVerdant is one of three financing partners in Big Joe Financial Services (BJFS) division, providing competitive financing programs for dealers and end-users purchasing Big Joe forklifts, warehouse equipment, and autonomous solutions. The program offers competitive rates, quick approvals, and flexible credit lines.
- Axos BankflagshipAxos Bank acquired 100% of Verdant Commercial Capital membership interests for approximately $43.5 million in late September 2025. Verdant became a division of Axos Bank, the nationwide subsidiary of Axos Financial Inc. (NYSE: AX), combining Verdant's equipment financing expertise with Axos' digital-first banking model.
- Sentry FinancialminorCo-lease partnership where Sentry Financial and Verdant jointly closed a $24 million equipment lease of construction equipment including aerial work platforms and material handling equipment for an equipment management company.
- Synovus BankcorePrivate label program agreement for 'Synovus Equipment Leasing' offering new equipment finance for Synovus Bank commercial customers. Leasing and equipment finance agreements range from $25,000 to $50 million.
- Climb Channel SolutionscorePartnership combining customized long-term finance options with Climb's emerging and disruptive technology distribution. Allows VARs, MSPs, and their customers to access software and hardware solutions via budget-friendly payment structures.
- KION North AmericacoreMulti-year Vendor Program Agreement providing retail financing for Linde and Baoli forklifts in the United States. Go-to-market name is 'Linde Material Handling Financial Services'. Program allows customers to access Linde products at competitive monthly payments.
- FeconcoreMulti-year Vendor Program Agreement providing retail financing for Fecon equipment (Bull Hog forestry mulchers, tracked carriers, tractors, and attachments) throughout their dealer network and direct relationships.
- Energetic InsurancestrategicVerdant facilitated tax equity investment using Energetic Insurance's EneRate Credit Cover insurance policy for commercial solar projects with battery storage. The product enables project developers to transact more volume with faster execution by insuring PPA payment default risk.
- LBX Company (Link-Belt Excavators)coreMulti-year Vendor Program Agreement allowing Verdant to provide retail financing for Link-Belt Excavator equipment to the LBX dealer network throughout the U.S. Link-Belt manufactures hydraulic excavators, scrap and material handlers, and forestry machines.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Verdant Commercial Capital competitors and assessment
Company assessmentBroad incumbents
- CIT Group (First Citizens Bank): CIT's Equipment Finance division (now part of First Citizens Bank) is one of the largest US equipment finance platforms, serving middle-market and large-ticket transactions. A broad incumbent competitor for Verdant's larger transactions and enterprise vendor programs.
- DLL Group: DLL is a global equipment finance leader (Rabobank-owned) operating across multiple asset classes and verticals including construction, agriculture, and healthcare. Larger and more diversified than Verdant but operates vendor finance programs in directly overlapping sectors.
- M&T Bank Equipment Finance: M&T Bank's Equipment Finance division provides middle-market and large-ticket equipment financing with a vendor channel strategy. A larger bank-owned competitor operating in similar verticals and transaction sizes as Verdant.
- LEAF Commercial Capital (Key Equipment Finance): LEAF was a leading independent equipment finance company with a strong vendor channel that was acquired by KeyBank. Similar origin trajectory to Verdant (independent → bank-owned), now operating as Key Equipment Finance. Highly comparable business model.
Direct peers
- Balboa Capital: Balboa Capital is a direct competitor in SMB and middle-market equipment financing with similar transaction sizes, vendor partnerships, and digital origination capabilities. Now part of Ameris Bank.
- KLC Financial: KLC Financial is a Minneapolis-based independent equipment lessor with a comparable vendor and direct origination model, serving middle-market transactions across construction, manufacturing, and specialty vehicles—similar vertical mix to Verdant.
- North Star Leasing: North Star Leasing is a vendor-focused equipment finance company serving small and mid-sized businesses across similar equipment categories. Comparable scale and channel strategy.
- PEAC Solutions: PEAC Solutions (formerly Marlin Equipment Finance) is one of the largest US independent equipment finance platforms with a comparable vendor channel strategy, similar transaction size spectrum, and recently exited from Marlin's balance sheet to become an independent platform—parallel to Verdant's transition.
- SLR Equipment Finance: SLR (formerly Stewardship Financial) is a direct peer running a vendor and direct equipment finance platform with similar transaction size range and middle-market focus. Operates in overlapping verticals and competes for the same OEM/vendor partnerships.
- AP Equipment Financing: AP Equipment Financing focuses on SMB equipment financing with a vendor/dealer channel model in similar verticals (construction, manufacturing, transportation). Comparable in size and business model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Verdant Commercial Capital social profiles
Digital presenceVerdant Commercial Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verdant Commercial Capital leadership team
Management profileNumber of profiles
Profiles10 records
Verdant Commercial Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Verdant Commercial Capital funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verdant Commercial Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verdant Commercial Capital
What does Verdant Commercial Capital do?
Verdant originates commercial equipment leases and loans by partnering with equipment vendors, OEMs, dealers, and software distributors, enabling those partners to offer financing to their business customers. Transaction sizes range from below $25,000 to over $100 million, spanning the credit spectrum across six industry verticals: Industrial, Manufacturing, Renewables & Energy Efficiency, Specialty Vehicles, Technology & Office Automation, and Golf/Sports/Entertainment. The company supports the offering with a digital Partner Portal, the Intech Funding sub-brand for manufacturing equipment, and asset-backed securitization funding through the capital markets.
Is Verdant Commercial Capital a public or private company?
Verdant Commercial Capital is a private company. It is classified as corporate owned and is currently acquired.
When was Verdant Commercial Capital founded?
Verdant Commercial Capital was founded in 2017. It employs 51 to 100 people.
Where is Verdant Commercial Capital based?
Verdant Commercial Capital is headquartered in Cincinnati, United States, in the North America region.
How does Verdant Commercial Capital make money?
Two revenue lines are on record. Equipment Leasing and Financing is the primary driver. The others are asset-Backed Securitization.
Who are Verdant Commercial Capital's main competitors?
Broad incumbents on record are CIT Group (First Citizens Bank), DLL Group, M&T Bank Equipment Finance and LEAF Commercial Capital (Key Equipment Finance). Direct peers are Balboa Capital, KLC Financial, North Star Leasing, PEAC Solutions, SLR Equipment Finance and AP Equipment Financing.
Does Verdant Commercial Capital have an API?
No public API is recorded for Verdant Commercial Capital.
What industry is Verdant Commercial Capital in?
Verdant Commercial Capital's product category is Equipment Finance & Leasing. Its primary akta.pro industry code is FSANAIAE, Equipment Financing / Leasing (Venture-backed). Its NAICS code is 52222 and its SIC code is 6172.