Centra Funding Acquired by Capital One | Financial Services M&A Deal

Capital One has completed the acquisition of Centra Funding, a commercial lending business in Texas, for $175 million. Centra Funding provides equipment financing solutions for small and medium-sized businesses, with financing amounts typically ranging from $10,000 to $5 million, supporting vendor and third-party originator networks across Texas. The new senior credit facility is designed to expand Centra’s equipment vendor financing platform and liquidity for originations through brokers, discounters, and other funders serving industries such as restaurants, franchise operations, car washes, convenience stores, and construction. Capital One acquisitions in financial services M&A reflect a strategic acquisition and other acquisition structure, with the closed deal sized over $100 million and focused on scaling commercial lending acquisition capacity.