- 1CAN Capital bought the equipment finance portfolio and platform of Republic Bank Finance
- 2Seller is a division of Republic Bancorp (NYSE: RBCAA), based in Lexington, Kentucky
- 3CAN has provided access to over $8B and supports over 80,000 customers
On February 23, 2026, CAN Capital said it had bought the equipment finance portfolio and platform of Republic Bank Finance, which is part of Republic Bancorp, Inc. (NYSE: RBCAA) of Lexington, Kentucky. CAN, based in Atlanta, said the deal strengthens its position as a diversified specialty finance company.
What CAN gets
The acquisition adds an established equipment finance portfolio and operating platform to CAN's suite of working capital products. CAN said it will use its technology, national footprint, data and underwriting capabilities and partner ecosystem to scale the platform for customers, brokers and strategic partners.
The company said the addition lets it deepen relationships with existing customers and reach new borrowers who want equipment-backed financing.
Management's view
CEO Ed Siciliano called the deal “a natural extension of CAN Capital’s long-term growth strategy.” He said CAN has built a scaled, durable platform that can grow organically and through acquisitions, and that equipment finance broadens its products and market position.
About CAN Capital
Founded in 1998, CAN says it has provided access to more than $8 billion to small businesses and supports over 80,000 customers. It makes business loans through WebBank, equipment financing through its CAN Capital Equipment Finance division, and business lines of credit through providers of that product. See cancapital.com.
Source reporting: deBanked.
