MMP Capital Closes $20.0 Million Investment-Grade Corporate Note Financing

MMP Capital, an independent equipment leasing company, closed a $20 million investment-grade corporate note issuance. The BBB-rated transaction will fund new originations in medical aesthetics, dental, and clinical healthcare equipment. CEO John-Paul Smolenski highlighted this as a major milestone for the company's growth.

Photo Credit by MMP Capital

FARMINGDALE, N.Y., Nov. 11, 2024 (GLOBE NEWSWIRE) -- MMP Capital, LLC (MMP), an independent equipment leasing company, announced the recent closing of a $20.0 million investment-grade corporate note issuance. Proceeds from the BBB-rated transaction will support continued growth, primarily by funding new originations.

MMP predominately originates equipment-backed loans in ...