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Commercial Credit Group Inc. Closes 19th Term ABS for $477,170,000 (CCGR Trust 2025-1)
March 20, 2025
Source: Commercial Credit Group Inc. (CCG)
Charlotte-Based Equipment Finance Company Secures Largest Asset-Backed Transaction to Date, Fueling Continued Growth
CHARLOTTE, NC (March 20, 2025) – Commercial Credit Group Inc. (CCG), a leading independent commercial equipment finance company, has successfully closed its nineteenth asset-backed securitization (ABS), raising $477,170,000 to support its continued growth. The transaction attracted participation from over 40 institutional fixed-income investors and was led by BMO Capital Markets as Structuring Agent and Lead Bookrunner.
Backed by CCG’s finance originations in construction, fleet transportation, manufacturing, and waste equipment, as well as transportation and construction receivables from Keystone Equipment Finance Corp., the transaction consists of five classes of notes with the following ratings:
|
Notes |
S&P |
Fitch |
Dollar Amount |
|
Class A-1 |
A-1+ (sf) |
F1+ (sf) |
$103,570,000 |
|
Class A-2 |
AAA (sf) |
AAA (sf) |
$311,950,000 |
|
Class B |
AA (sf) |
AA (sf) |
$24,660,000 |
|
Class C |
A+ (sf) |
A (sf) |
$23,430,000 |
|
Class D |
A- (sf) |
BBB (sf) |
$13,560,000 |
“We sincerely appreciate the high level of support from both new and returning investors, whose confidence in CCG allows us to continue delivering reliable financing solutions,” said Paul Bottiglio, CCG’s CFO. “With a diversified funding base and record transaction size, we are well-positioned to assist our middle-market commercial customers secure the equipment they need to grow.”
About Commercial Credit Group Inc.:
Commercial Credit Group Inc., a wholly owned subsidiary of Commercial Credit, Inc., is an independent commercial finance company that provides equipment loans and leases to small and mid-sized businesses in the construction, fleet transportation, machine tool and manufacturing and waste industries. The company’s sales force is located throughout North America. Since its inception in 2004, CCG has originated over $7 billion of equipment loans and leases. CCG is headquartered in Charlotte, NC. For more information, please visit www.commercialcreditgroup.com.
Contact Information:
Julie Murphy
704-944-2771
jmurphy@commercialcreditgroup.com
