CCG Completes Acquisition of Machine Tool Finance Business

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CHARLOTTE, NC (February 15, 2017) – Commercial Credit Group Inc. (CCG), a leading independent commercial equipment finance company, today announced the purchase of the machine tool finance business of Manufacturers Capital, LLC., thus expanding into the machine tool and manufacturing industry. With the closing of the transaction, the Manufacturers Capital team will operate as a […]

CCI/CCG Makes the NC Mid-Market Fast 40 List

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CHARLOTTE, NC (September 21, 2016) – Equipment finance company, Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG), has made the Business North Carolina Mid-Market Fast 40 List for the fifth year in a row. To qualify for the list, a company must have annual revenue between $10 and $500 million and demonstrate […]

CCG Hires Julie Murphy to Head Marketing Department

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CHARLOTTE, NC (August 3, 2016) – Julie Murphy, a 20-year B2B marketing veteran, has joined Commercial Credit Group, Inc. (CCG), to help drive customer acquisition and growth for the independent equipment finance company. Ms. Murphy most recently served as the director of marketing for machine tool builder Okuma America Corporation. “CCG has experienced double-digit annual […]

COMMERCIAL CREDIT GROUP INC. CLOSES $183,430,000 TERM ASSET-BACKED SECURITY

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Charlotte, NC (June 14, 2016) – Commercial Credit Group Inc. (CCG) announces the closing of a 144a privately placed term asset-backed security (ABS) transaction. The $183,430,000 financing was placed with a broad group of institutional investors. The financing contracts included in the security consist of a diversified pool of CCG’s contract originations. The multi-tranche placement […]

COMMERCIAL CREDIT GROUP INC. CLOSES $310,400,000 TERM ASSET-BACKED SECURITY

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-Charlotte, NC (September 18, 2015) – Commercial Credit Group Inc. (CCG) announces the closing of a 144a privately placed term asset-backed security (ABS) transaction. The $310,400,000 financing was placed with a broad group of institutional investors. The financing contracts included in the security consist of a diversified pool of CCG’s contract originations. The multi-tranche placement […]

March 20, 2015 Commercial Credit, Inc. (CCI)

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CHARLOTTE, N.C., March 20, 2015 — Commercial Credit, Inc. (CCI), the parent company of Commercial Credit Group Inc. (CCG), announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of shares of its common stock by CCI and […]

COMMERCIAL CREDIT GROUP INC. (CCG) CLOSES 144A $265,000,000 TERM ABS

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Charlotte, NC (May 14, 2014) – Commercial Credit Group Inc. (CCG) announces the closing of a 144a term asset backed security (ABS) transaction. The aggregate $265,380,000 amortizing term ABS was placed with a broad group of institutional investors. The financing contracts included in the security consist of a diversified pool of CCG’s overall contract originations. Ratings […]

CCG ESTABLISHES OPERATIONS IN CANADA

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CCG ESTABLISHES OPERATIONS IN CANADA  Charlotte, NC (January 13, 2014) – Commercial Credit Group Inc. through its wholly owned subsidiary CCG Equipment Finance Limited (“CCG”), is pleased to announce the establishment of its operations in Canada. CCG will initially serve the construction, transportation and waste industries in the Canadian Provinces of Ontario, west to British […]

COMMERCIAL CREDIT GROUP INC. CLOSES FINANCING FACILITIES TOTALLING $180,000,000

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COMMERCIAL CREDIT GROUP INC. CLOSES FINANCING FACILITIES TOTALLING $180,000,000  Charlotte, NC (January 9, 2014) – Commercial Credit Group Inc. (CCG) announces the closing of two new revolving credit facilities. The first is a $100,000,000 asset-backed commercial paper facility provided by J. P. Morgan Chase Bank, N.A. The second is an $80,000,000 facility agented by BMO/Harris […]

COMMERCIAL CREDIT GROUP INC. CLOSES 144A $194,470,000 TERM ASSET-BACKED SECURITY

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COMMERCIAL CREDIT GROUP INC. CLOSES 144A $194,470,000 TERM ASSET-BACKED SECURITY  Charlotte, NC (April 24, 2013) – Commercial Credit Group Inc. (CCG) announces the closing of a 144a term asset backed security (ABS) transaction. The $194,470,000 amortizing term ABS was placed with a broad group of institutional investors. The financing contracts included in the security consist […]