Daily News: May 30, 2012

Roglieri Purchases Interest in Durham Commercial Credit

Kris Roglieri, founder of Prime Commercial Lending and Commercial Capital Training Group, announced that he has purchased an interest in Durham Commercial Credit Corporation. The Rochester-based factoring company has been in business since 2005 and Roglieri has been brought in to help grow the company.

“I am excited to be partnering with Durham Commercial Credit Corporation, which has an outstanding record of helping businesses both small and large, grow,” said Roglieri. “I look forward to being part of the team to grow this company and in doing so we will help countless companies succeed and hire additional staff.”

Durham Commercial Credit Corporation provides a wide-range of commercial financing including purchase order financing, account receivable financing and factoring among others. Since 2005, the company has provided financial backing to countless businesses in Central New York as well as nationally and internationally.

Roglieri brings nearly 20 years of entrepreneurial expertise to Durham Commercial Credit, having founded two companies: Prime Commercial Lending and Commercial Capital Training Group.

Prime Commercial Lending is a New York-based commercial finance lender working to provide its clients lending of all types, including real-estate loans, equipment leasing, sale leasebacks, medical financing, business acquisition financing, and more. Commercial Capital Training Group is a one-of-a-kind program, which provides the tools necessary to allow entrepreneurs to successfully own and operate their own full service commercial finance company.

“As banks continue to tighten capital for small businesses, independent commercial lending institutions continue to provide opportunities for business growth and the entrepreneurial spirit,” added Roglieri.