In the News

COMMERCIAL CREDIT GROUP INC.

SPOTLIGHT INDEX WILL MOVE COMPANY HEADQUARTERS TO ACCOMMODATE GROWTH

Equipment finance company Commercial Credit Group Inc. has outgrown its existing office space and will move offices, to a new location in uptown Charlotte, to provide for future growth.

CHARLOTTE, NC (July 10, 2020)

– Commercial Credit Group Inc. (CCG), an independent

commercial equipment finance company, announces that they will move the company headquarters, within Charlotte, effective Monday, July 13, 2020. The new office is located at 525 N. Tryon Street, Suite 1000, Charlotte, NC 28202 and will house 80 employees. “When we moved into our current office space in 2010 we had 17 employees in the Charlotte office. We’ve grown to over 80 employees here in Charlotte and the space simply isn’t large enough. The new location accommodates our current staff and allows for continued growth. Additionally, amenities such as the fitness center, nearby restaurants, and proximity to the light rail will help us continue to attract top-caliber job applicants,” stated Sr. Vice President and Corporate Secretary, Angelo Garubo. Company co-founder, President and CEO, Dan McDonough noted, “Uptown Charlotte is our home. Our office remains in the heart of the city’s financial district and its central location allows us to benefit from the region’s highly skilled and diverse workforce. We are well situated for continued growth.” In addition to the company’s national machine tool and waste divisions and its southeast construction and transportation groups, the Charlotte office also houses corporate operations for parent company, Commercial Credit, Inc. and accounts receivable finance company, Commercial Funding Inc. Commercial Credit Group Inc. is currently hiring professionals to fill positions in accounting, documentation, finance and sales.

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. For more information, please visit www.commercialcreditgroup.com. Contact Information: Julie Murphy | 704-944-2771 jmurphy@commercialcreditgroup.com

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For further information on the Coxreels® stainless steel product line, contact Customer Service at (800) 269 7335 or visit www.coxreels.com.

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