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Maxim Commercial Capital Funded Deals in 30 States in 3Q 2017

Wednesday, November 1, 2017   (0 Comments)
Posted by: Maxim Commercial Capital
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Contact:
Michael Kianmahd
Maxim Commercial Capital
michael@maximcc.com
(213) 984-2727

 

Maxim Commercial Capital Funded Deals in 30 States in 3Q 2017

Provided essential liquidity to over 200 SMBs

 

LOS ANGELES, CALIF. – November 1, 2017 – Maxim Commercial Capital announced today that it provided financing to over 200 small and mid-sized businesses (SMBs) in 30 states during the third quarter of 2017.  Borrowers used the hard asset-secured funds for wide-ranging purposes including refinancing high cost debt; working capital to grow their business; equipment purchases; and, to resolve tax liens and other credit-damaging liabilities.  Maxim provides financing in amounts up to $3,000,000, secured by equipment and real estate, to SMBs located nationwide.

            “Clearly, SMB owners are underserved by traditional lenders,” said Michael Kianmahd, executive vice president at Maxim.  “We listen to their stories, digging deep to understand their longer term capital needs and fixed assets in order to structure a financing solution that helps them seize opportunities while reducing day-to-day stress.”  

            During the third quarter, Maxim helped dozes of entrepreneurs with start-up and growth capital.  Maxim also helped long-standing businesses overcome acute cash flow problems by refinancing MCA and other short term, high interest rate loans with term loans.  These borrowers span industries including construction, IT/software consulting, beauty care retailing and auto dealerships.

            As a national leader in transportation equipment finance, Maxim finances up to 75% of the purchase price for owner-operators acquiring used class 8 trucks and reefer trailers. To meet the needs of its national customer-base, Maxim recently expanded its business hours.

            “Our Los Angeles-based team starts at 7:00 am Pacific time to serve our partners in the Eastern and Central time zones,” noted Shervin Rashti, executive vice president at Maxim.  “We work diligently to issue proposals within two hours of application submission, and fund as quickly as within two days.”

 

About Maxim Commercial Capital

Maxim Commercial Capital helps small and mid-sized business owners seize opportunity by providing financing in amounts up to $3,000,000 secured by equipment and real estate.  We facilitate equipment purchases, provide working capital, and refinance debt for companies across all industries located nationwide.  Through our tailored financing programs, businesses unlock capital tied up in underleveraged assets, often replacing expensive credit card debt and daily working capital loans with longer term growth capital. As a leading provider of transportation equipment finance, we fund up to 75% of the acquisition cost of class 8 trucks and reefer trailers for owner-operators (higher limits for special circumstances).  Learn more at www.maximcc.com or by calling 877.776.2946.