MMP Capital Secures $20 Million Investment-Grade Corporate Note Financing

FARMINGDALE, NY / ACCESSWIRE / October 30, 2024 / MMP Capital, LLC (MMP), an independent equipment leasing company, has closed a $20 million investment-grade corporate note issuance. Proceeds from this BBB-rated transaction will be used to support ongoing growth, primarily by funding new originations.

MMP Capital specializes in equipment-backed loans in the medical aesthetics, dental, and clinical healthcare sectors. The company's industry focus, strong borrower profile, and experienced team have positioned it as a rising leader in the independent equipment finance market.

"Our inaugural corporate note raise is a significant milestone for MMP," said John-Paul Smolenski, Founder and CEO. "This achievement reflects our team's dedication and solidifies our reputation as a leading independent equipment leasing company."

Smolenski added, "The capital raised will be crucial to expanding our rapidly growing portfolio. This flexible funding is an essential component of our future financial strategy and will drive our continued growth."

Brean Capital, LLC acted as MMP Capital's exclusive financial advisor and sole placement agent for the transaction.

About MMP Capital

Founded in 2013, MMP Capital aims to be the gold standard in healthcare equipment finance across the U.S. Led by an experienced management team with backgrounds in sales, credit, and operations at banks, leasing companies, and funding institutions, MMP Capital is well-equipped as a hybrid lender, offering both direct lending and syndication options. The company provides equipment financing, leasing, and unsecured capital to help U.S. businesses invest in their future, modernize technology, and expand service offerings.