RenX Enterprises Corp. (RENX): debt financing — RenX subsidiary enters ~$2.55M equipment financing with Commercial Credit Group

RenX Enterprises Corp.

Resource Group LLC issued two notes totaling $2,555,186 to finance a Komptech Crambo shredder and Diamond Z horizontal grinder.
First Note: $1,507,658 with an initial payment of $265,466 followed by 48 monthly installments of $25,879.
Second Note: $1,047,528 with an initial payment of $195,000 followed by 48 monthly installments of $17,761.
Notes are secured by all assets of Resource Group; default rate up to 18% per annum.
Proceeds used to purchase equipment previously under rental arrangement with a ~$700K down payment already made.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RenX Enterprises Corp. incurred loan of $1,047,528 with Commercial Credit Group maturing 48 monthly installments.

Instrument: loan
Principal: $1,047,528
Counterparty: Commercial Credit Group
Maturity: 48 monthly installments
Event: incurrence

Exact text from the filing

Negotiable Promissory Note and Security Agreement in the principal amount of $1,047,528 (the “Second Note”; and together with the First Note, the “Notes”) with Commercial Credit Group (the “Lender”)

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RenX Enterprises Corp. incurred loan of $1,507,658 with Commercial Credit Group maturing 48 monthly installments.

Instrument: loan
Principal: $1,507,658
Counterparty: Commercial Credit Group
Maturity: 48 monthly installments
Event: incurrence

Exact text from the filing

Resource Group LLC (“Resource Group”), a wholly owned subsidiary of RenX Enterprises Corp. (the “Company”), entered into a Negotiable Promissory Note and Security Agreement in the principal amount of $1,507,658 (the “First Note”)

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

RenX Enterprises Corp. entered into Notes with Commercial Credit Group valued at approximately $2.54 million (effective 2025-12-30).

Action: entry
Agreement: credit facility
Counterparty: Commercial Credit Group
Value: approximately $2.54 million
Effective: 2025-12-30

Exact text from the filing

Effective December 30, 2025, Resource Group LLC (“Resource Group”), a wholly owned subsidiary of RenX Enterprises Corp. (the “Company”), entered into a Negotiable Promissory Note and Security Agreement in the principal amount of $1,507,658 (the “First Note”) and Negotiable Promissory Note and Security Agreement in the principal amount of $1,047,528 (the “Second Note”; and together with the First Note, the “Notes”) with Commercial Credit Group (the “Lender”) to finance the purchase of a Komptech Crambo shredder and a Diamond Z horizontal grinder for approximately $2.54 million with a 30% down payment of approximately $700,000 that had previously been deployed under a rental arrangement.

View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

RenX Enterprises Corp. filing history →

Source: SEC EDGAR

accession 0001213900-26-001868

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