About MMP Capital
Founded in August of 2017, MMP Capital is a young, and dynamically growing company. Based in beautiful Long Island, we are conveniently located 1 hour from midtown Manhattan, and surrounded by some of the best beaches, golf courses, among other leisure activities. Our ownership team’s experience was routed from banks, leasing companies, and broker institutions. MMP Capital is the total solution! As a hybrid lender we have the ability to lend our own money, but we also maintain relationships with the nations top banks as a broker. There is no one able to find a better financial solution for the customer. We knew we could create a better business model for our customers, employees, and key vendor partners. The best mistakes are the ones learned at other people’s expense, and that is why MMP Capital has had such a fast track to success. We are only getting started, and look forward to what the future holds.
Meet the Partners
John-Paul M. Smolenski
John-Paul M. Smolenski attended Purdue University, was nominated, and served as Captain of the Men’s Track and Field Team in 2004-2005. Was Big Ten conference champion in 2005, an NCAA All American in 2005. Graduated with a Bachelors of Arts Degree in History, along with a Master’s Degree in Educational Administration in 2006.
In 2007 Mr. Smolenski took the same principals of being an NCAA All American into the equipment finance industry, and took an entry level position at Direct Capital’s new office on Long Island. After the recession of 2008, due to the economic turmoil from 2008- 2015 his time was invested in the financing of medical equipment. Spent 1 year as the East Coast Sales Manager at Baytree National Bank. The following year in 2014 took a role for a small broker company, and in 3 short years, he developed that same company to originate 100 million in total sales financed sales by 2016.
With the strong customer, vendor, and banking relationships that developed throughout his career, along with the partnership of James Siederman, and Michael McCaffrey and their expertise in the printing, and direct to consumer business, MMP Capital was born. Since July of 2017Mr. Smolenski has served as the President and CEO of MMP Capital.
When not at work, he is happily married to his beautiful wife, with 3 children, and an English bulldog. He is a member of the Brookville Country Club, as well as an active member at the Maria Regina parish.
James Siederman is a proficient and proven Sr. Vice President with expertise in direct & indirect sales. Documented strength in pursuit of new business opportunities, client relationship management, channel partner relations, and negotiating. James is a highly adaptable leader with a strong focus on relationship building, sales management and operational management.
After beginning his career in 2007 at Direct Capital he partnered with John-Paul Smolenski and Mike McCaffrey to start MMP Capital in August of 2017. At Direct Capital he regularly exceeded goals achieving 146% to plan in 2008 and 200% to plan in 2009. He and his team members launched a vendor program strategy in the commercial printing space in 2010 that ultimately resulted in 17MM of incremental channel sales companywide and has been adopted since. James utilizes past success in areas such as vendor program management, prospecting, new business acquisition and mentorship to build exclusive lending relationships and drive sales. With over 12 years of experience in the commercial printing and direct to end user finance industry James understands what drives business and provides a tremendous customer experience.
James holds a Bachelor of Arts Degree in Economics from the University at Albany where he was also a member of the football program. North East Conference champions in 2002 & 2003. He is a devoted husband and proud father of 3 beautiful children. James enjoys sports and the opportunity to volunteer as the director of the local little league. He also coaches both basketball and football.
Mike McCaffrey is an experienced Senior Vice President in the leasing industry. He is one of the founding partners of MMP Capital with Jim and John-Paul. In 2007, Mike graduated from University of Albany after being a member of the Football program. After graduation, he reconciled with his teammate, Jim, to get his start in the leasing industry with Direct Capital. He has made a name for himself in Graphics Arts industry providing leasing options for customers of all credit distinctions. Mike earned his stripes building Direct Capital’s portfolio, consistently earning President’s Club distinctions before joining a small broker company with John-Paul and Jim. Continuing to provide excellent service to both customers, leasing partners and vendors alike, John-Paul, Jim, and Mike formed MMP Capital in 2017.
Mike currently resides in Tampa, FL where he relishes golfing in the Winter as a member of the Feather Sound Country Club. In his spare time, Mike tries to travel as much as he can domestically and internationally. He always makes time for youth sports coaching basketball, baseball and football amidst his travels. An avid New York Giants fan, Mike is a season-ticket holder and doesn’t miss a home game.
Scott Culhane attended the University of Colorado and received a Bachelor of Arts Degree in Economics in 2012. In 2014, Scott broke into the equipment finance industry working under Larry White at Heartland Business Credit while also earning his MBA from the University of Colorado. During his time at Heartland, Scott climbed the ladder working as a Lease Processor, then a Credit Analyst, Credit Manager and eventually Compliance Officer. Scott earned a wide array of knowledge within the industry evaluating customers from $5M to $25MM in equipment leases, establishing stronger controls ensuring compliance, overseeing the documentation process, collaborating with vendor and broker partners and even presenting deals to the board of directors. Scott brought his expertise to MMP Capital becoming its Credit Officer when the company was formed.
Scott currently resides in Denver, CO enjoying the beautiful Rocky Mountains. Away from work, Scott is married and owns a rambunctious Boston Terrier and English Bulldog. He occasionally coaches youth football on the weekends, taking hikes with his wife and dogs and enjoys playing hockey.
Larry K. White
Senior level equipment finance industry veteran skilled in operations and risk management, business planning, mergers and acquisitions, compliance and business development. 35 years of experience working with banks (Tokai Bank, Heartland Bank, Midland States Bank, State Bank), publicly traded specialty finance companies (Rockford Industries, Granite Financial) and private equity start-ups. Advanced degree from UCLA in Political Science and Government.