Fifth Third Bank Closes $250M Warehouse Facility with NFS Capital

Fifth Third Bank closed a $250 million warehouse credit facility with NFS Capital, an independent equipment finance company. NFS Capital serves businesses across the United States and Canada. The facility establishes a new banking relationship between the two companies, providing NFS Capital with scaled funding to support its equipment finance originations.

Warehouse credit facilities supply non-bank lenders with the capital needed to originate loans before those loans are securitized or sold. Financial terms beyond the $250 million facility size were not disclosed. The deal positions Fifth Third Bank as a balance-sheet provider to a specialty finance company operating outside the traditional banking channel.