Zach Ellis, Commercial Credit Group, shares an example of how people in the oil and gas industry are diversifying their services in order to stay keep revenues going.
Commercial Credit Group Inc. is an independent, commercial equipment finance company that provides secured loans and leases to small and mid-sized businesses in the construction, fleet transportation, waste and machine tool and fabrication industries.
The company’s sales force is located throughout North America and sources transactions through end-users, equipment vendors and manufacturers with typical transaction sizes ranging from $100,000 to $2,500,000.
Since its inception in 2004, CCG has originated approximately $3.5 billion of finance receivables. CCG is headquartered in Charlotte, North Carolina and operates full service offices in Buffalo, NY and Naperville, IL. CCG Equipment Finance Limited services the Canadian Provinces of Ontario, west to British Columbia, from its Canadian headquarters in Hamilton, Ontario. And division Manufacturers Capital provides financing for machine tools and fabrication equipment.
To listen to the full length interview – http://www.thecrudelife.com/podcast/ellis-banks-starting-to-seize-assets/
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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