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MMP Capital, a leading equipment financing firm specializing in aesthetic medical and healthcare sectors, announced the renewal of its $75 million secured warehouse facility with Deutsche Bank. This marks the third consecutive year of collaboration between the two entities, further cementing MMP Capital’s position as a leading on-balance-sheet lender in the U.S. equipment financing industry.
This renewed partnership signals another exciting chapter for MMP Capital, setting the stage for an even stronger 2024. With more favorable terms, MMP Capital is thrilled to pass these benefits directly to its valued clients, especially its high-end “A paper” customer segment. As the company gears up for the new year, it is focused on aggressively expanding market share by offering lower interest rates and continuously elevating its service offerings to support small businesses across the U.S.
John-Paul Smolenski, CEO of MMP Capital, expressed his excitement over the renewed partnership: “We are proud to continue our strong relationship with Deutsche Bank. Over the past three years, we have proven ourselves as a reliable and capable on-balance sheet lender, and this renewal allows us to pass on the benefits of more favorable terms directly to our customers. We are committed to providing our clients the best possible financing solutions as we continue to grow.”
The secured warehouse facility provides MMP Capital with the financial flexibility necessary to meet the growing demand for equipment financing. This renewed facility will especially benefit clients in the healthcare and aesthetic medical sectors, where MMP Capital has built a strong reputation for delivering fast, efficient, and tailored financing solutions.
As part of the renewed terms, MMP Capital will be able to offer lower interest rates to its customers, which is expected to drive further business growth in 2024. The company is also committed to streamlining its approval process, providing same-day application-to-funding solutions to clients across various industries, including healthcare, veterinary, dental, and graphic arts.
John-Paul Smolenski adds, “Our partnership with Deutsche Bank has allowed us to grow our business substantially over the last few years. The favorable terms we’ve secured with this renewal will allow us to offer even lower rates to our customers. This is a significant win for our clients and company as we continue to scale and capture more market share in 2024.”
The renewal of this facility strengthens MMP Capital’s financial position and reinforces its commitment to delivering exceptional service to its growing customer base. With faster funding, personalized service, and a focus on long-term customer relationships, MMP Capital aims to continue its upward trajectory in the equipment financing market.
About MMP Capital
MMP Capital was founded in 2013 with a mission to be the gold standard in healthcare equipment finance in the U.S. Led by a management team with vast experience in sales, credit, and operations from several banks, leasing companies, and funding institutions, MMP Capital is uniquely equipped as a hybrid lender to lend directly or utilize a vast syndication outlet. Our financing options for equipment financing, leasing, and unsecured capital offer U.S. businesses the opportunity to invest in their future, update outdated technology, or offer new services to customers.
Contact Info:
Name: Jamie O’Connor, Director of Marketing
Email: Send Email
Organization: MMP Capital
Website: https://mmpcapital.com
Release ID: 89142659
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