Centra Funding, a provider of equipment financing solutions with financing solutions ranging from $10,000 to $5 million for small and medium-sized businesses, closed a new $175 million senior credit facility led by Capital One.
The new facility will support Centra’s continued growth across its equipment vendor financing platform and its network of third-party originators, including brokers, discounters and other funders. The credit facility provides additional liquidity and flexibility to support originations across a diverse range of industries, including restaurant, franchise, car wash, convenience store, construction and other essential-use equipment sectors.
“Centra is delighted to begin this new partnership with Capital One,” Jim Crystal, chairman and CEO of Centra, said. “We’ve known members of the team for several years, and they worked closely with us to develop a structure that combines the best elements of our previous facility with increased capacity and enhancements that position us well for continued growth in 2026 and beyond.”
Dan Tsacoumangos, managing director of Capital One Financial Institutions Group, added, “We are pleased to partner with Centra Funding to lead this new $175 million credit facility. This transaction highlights Capital One’s commitment to supporting Centra’s continued expansion and delivering essential equipment financing solutions to small and medium-sized businesses across diverse industries.”
