MMP Capital announced the renewal of its $125 million secured warehouse facility with Deutsche Bank, a move that positions the Long Island-based company for continued growth as it enters its third year as an on-balance sheet lender.

John-Paul Smolenski, CEO of MMP Capital, views this renewal as a validation of the company’s approach to business. "This partnership with Deutsche Bank reflects our growth and our ability to deliver more value to our clients. As we continue to evolve, we’re proud to pass on the lower cost of capital with more competitive rates that allow our clients to invest in their futures at a lower cost, and maximize their profits" said Smolenski.

The facility renewal underscores the strong partnership between MMP Capital and Deutsche Bank, which has been instrumental in MMP’s growth over the past few years. With all the turmoil in the financial markets over the last few years, MMP Capital has been a reliable lending company that small business owners can count on for their commercial financing needs.

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