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Fifth Third and Eldridge Form Private Credit Partnership

This program is built to enhance the ability for both parties to meet emerging and evolving needs and provide reliable private credit solutions to clients.

byBrianna Wilson
July 30, 2025
in News

Fifth Third and Eldridge formed a strategic partnership to offer private credit arrangements to commercial bank clients. This program is built to enhance the ability for both parties to meet emerging and evolving needs and provide reliable private credit solutions to clients.

“This marks a significant moment in providing a private credit solution for our clients,” Kevin Khanna, head of commercial banking at Fifth Third, said. “By uniting complementary strengths and deepening our relationship, we are positioned to unlock new opportunities and enhance our collective value proposition. Most importantly both Fifth Third and Eldridge can deliver flexible, forward-looking financing solutions that empower clients to pursue strategic opportunities with confidence.”

“Our relationship with Fifth Third began at Eldridge’s affiliate, Stonebriar Commercial Finance, with the bank supporting our asset-based credit growth through building a market leading large ticket equipment finance origination platform,” Nicholas Sandler, co-president of Eldridge Capital Management, said. “This new partnership in private credit reflects a natural evolution of our engagement, grounded in a shared dedication to excellence. We’re excited to continue building on our foundation and expand what we can accomplish together across diverse forms of credit.”

This program reflects a strong alignment of vision and capabilities, enabling Fifth Third and Eldridge to create new opportunities and deliver measurable value for clients and stakeholders. The agreement reinforces a shared commitment to innovation, strategic growth, and long-term value creation.

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