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As 2025 edges closer, small businesses across the nation are facing an uphill battle. The economic forecast is daunting, with corporate US bankruptcy rates witnessing a 30% increase in 2023 over 2022, and inflation consistently outpacing wage growth....

In 2023, the equipment financing industry contended with a milieu marred with chaos due to interest rates over 350 bps higher than 12 months earlier, a recession in 2022, not to mention the impact of heavy and consistent inflation, on top of another...

MMP Capital, a Long Island-based equipment financing firm, has recently announced record-breaking success in 2023. The company has grown with over $44 million in originations for December and $110 million in Q4 alone, giving way to a record year in 2023,...

John-Paul Smolenski’s leadership as the President and CEO of MMP Capital has been nothing short of transformative. Since its inception in 2013, MMP Capital has emerged as a leader in equipment financing and small business lending, mainly due to...

Dr. Bobby Awadalla knew the time was right four years ago. As a double board-certified dermatologist with years of experience, he was ready to establish his own dermatology practice at Skincredible Dermatology & Surgery, in Mission Viejo, Calif., and...

Nicole Frontera opened her first medical spa, Nicole Frontera Beauty, ten years ago. As a Nurse Practitioner who worked with plastic surgeons, she wanted to create a business where patients felt welcomed. A medical spa that felt like they were visiting a...

Christopher Hagmaier was made for his role as senior team leader of MMP Capital’s sales team. Being the first person appointed to this leadership position, Hagmaier’s success and contributions to the growth of MMP Capital and his commitment to mentoring...

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, experienced an increase in originations in Q2/23, with total originations reaching nearly $100 million, marking a 26% year-over-year increase...

We are in an unprecedented economic period with the only remote similarity to the late 1970's stagflation. If you're looking to borrow money today, vs January 2022, the money will be 3% more expensive. The worst part is that we aren't done yet, as the...

When I was 29 years old, I walked away from a job making over a quarter of a million dollars a year during a tough economy, with a wife pregnant, and after burying my father, I decided to start MMP Capital out of my garage. With every reason lined up as...

New funding facility will allow MMP Capital to expand its balance sheet and maintain longer-term customer relationships Farmingdale, NY – September 7, 2022 – MMP Capital (Farmingdale, NY), a leading commercial finance company specializing in equipment...

John-Paul Smolenski founded MMP Capital in 2013 and serves as president and chief executive officer. Over the past nine years, he has been the driving force behind the company’s significant growth, establishing MMP Capital as a nationally recognized...

Companies everywhere are being impacted by the Great Resignation. How can leaders create a workplace designed to retain employees? John-Paul Smolenski from MMP Capital shares his ideas on this topic. PODCAST 55: Putting the Fun in Funding from Monitor on...

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, financed more than $203 million in 2021, setting a company record. “The past two years have been a challenge for every business owner,”...

The ability to purchase a major piece of equipment can make or break a medical aesthetic practice. Unlike large Hollywood conglomerates, the sole owner of an aesthetic practice or a medical office beginning to offer aesthetics may not have the funding...

In an exclusive Q&A with Monitor, John-Paul Smolenski of MMP Capital discusses how the company takes a hybrid-style approach to provide quick and efficient equipment leasing solutions for the medical device and aesthetic market and how it has...

Farmingdale, NY – December 16, 2021 – MMP Capital, a leading lender specializing in equipment financing, leasing and unsecured capital financing, congratulates its president and CEO, John-Paul Smolenski, on being honored on this year’s Long Island...

MMP Capital, a lender specializing in equipment financing, leasing and unsecured capital financing, originated more than $18 million in financing in April 2021, marking a 500% increase compared with April 2020 and a 125% increase compared with April 2019....

‘A RETURN TO NORMALCY’ John-Paul Smolenski, CEO of MMP Capital shares his industry’s outlook Newsday Article | May 19, 2021 John-Paul Smolenski, CEO of MMP Capital, said equipment financing for the health care sector is booming as demand for services is...

Ink Usage Trends into 2021 | Digital Output Ink usage is more varied than ever before as new applications form and industries adopt digital printing. Print service providers (PSPs) are tasked with serving customers in the best way they know, pairing...

For many businesses, the biggest struggle during the COVID-19 pandemic has been maintaining cash flow and finding enough capital to stay afloat. Access to working capital will be the key to recovery for these businesses, especially smaller ones that have...

The American Rescue Plan Act (ARPA), signed into law in early March, aims at offering widespread financial relief to individuals and employers adversely affected by the COVID-19 pandemic. The law specifically targets small businesses in many of its...

During the COVID-19 pandemic, many employees and their families have lost group health plan coverage because of layoffs or reduced hours. If your business has had to take such steps, and it’s required to offer continuing health care coverage under the...