Company News

CCI Completes Acquisition of Transfac Capital, Inc.

Posted: August 1st, 2017

CHARLOTTE, NC (August 1, 2017) – Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG), a leading independent commercial equipment finance company, today announced the purchase of the business operations of Transfac Capital, Inc., thus expanding into the accounts receivable factoring business. With the closing of the transaction, Salt Lake City-based Transfac Capital, […]


CCG Closes $259,707,000 Term Asset-Backed Security

Posted: June 15th, 2017

CHARLOTTE, NC (June 14, 2017) – Commercial Credit Group Inc. (CCG), a leading independent commercial equipment finance company, today announced the closing of a 144a privately-placed term asset-backed security (ABS) transaction. The $259,707,000 financing was placed with a broad group of institutional investors. The financing contracts supporting the security consist of a diverse pool of […]


CCG Completes Acquisition of Machine Tool Finance Business

Posted: February 15th, 2017

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

Posted: September 21st, 2016

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

Posted: August 8th, 2016

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

Posted: June 15th, 2016

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

Posted: September 18th, 2015

-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)

Posted: March 20th, 2015

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

Posted: May 14th, 2014

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

Posted: January 13th, 2014

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 […]


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