TM
2nd
Toyota Motor
$2.57Tn
197.12
-1.34%
-0.26%
The company operates a financial services segment that provides wholesale financing to dealers and retail installment credit and leasing for vehicle acquisitions. This constitutes a captive finance arm providing specialized vehicle financing.
CAT
2nd
Caterpillar
$374.13Bn
813.86
+1.73%
+93.67%
Through Cat Financial, the company provides specialty financing, including loans and leases to customers and dealers for equipment purchases.
MUFG
2nd
Mitsubishi Ufj Financial
$285.89Bn
24.09
-0.21%
+60.49%
The company provides specialized non-bank financing through its leasing business, which is explicitly listed as one of its core financial services provided through its subsidiaries.
IBM
2nd
International Business Machines
$221.25Bn
234.84
+0.06%
-4.99%
The Financing segment provides loans and leasing options specifically to enable clients to acquire IBM's own hardware, software, and services, acting as a captive finance arm.
DE
2nd
Deere
$187.03Bn
693.68
-0.08%
+46.07%
Through its Financial Services segment, Deere provides non-bank financing, including retail notes, revolving charge accounts, and leases to support the sale of its equipment to dealers and end-users.
BBVA
2nd
Banco Bilbao Vizcaya Argentaria
$168.41Bn
29.50
-0.37%
+63.98%
Through its operations in Turkey (Garanti BBVA), the company provides specialized non-bank financing services including leasing and factoring.
HMC
2nd
Honda Motor
$148.00Bn
32.65
-1.15%
-4.48%
Honda operates a Financial services business that provides retail lending, leasing to customers, and wholesale financing to dealers to support the sale of its vehicles.
SMFG
2nd
Sumitomo Mitsui Financial
$104.45Bn
27.29
-0.94%
+69.29%
The company has a material leasing business integrated into its Wholesale and Global Business Units, providing financing and leasing services to corporate clients.
HPE
2nd
Hewlett Packard Enterprise
$69.08Bn
52.01
-4.46%
+127.91%
The Financial Services segment provides non-bank financing, leasing, and asset management services to support the deployment of technology hardware and software.
AJG
2nd
Arthur J. Gallagher
$67.32Bn
262.65
-1.52%
-13.52%
The company provides third-party property casualty claims settlement and administration services through its Risk Management segment. This involves contract claim settlement and loss control services for organizations that self-insure, which fits the description of specialty non-bank financial services.
PCAR
2nd
Paccar
$65.64Bn
124.70
+0.15%
+29.60%
The company operates a Financial Services segment that provides retail loans, leases, and dealer inventory financing specifically for its commercial truck equipment. This captive finance arm accounts for roughly 8% of total net sales and 51% of total assets.
O
2nd
Realty Income
$57.95Bn
61.24
-0.78%
+5.68%
The company maintains a credit investment segment where it earns income from loan and preferred equity investments. These non-bank financing activities represent a substantive business line used to generate additional yield and hedge against interest rates.
PSA
2nd
Public Storage
$53.04Bn
302.03
-1.22%
+3.36%
The company provides bridge lending financing to third-party self-storage owners, with a reported bridge loan receivable balance of $142.1 million.
MSTR
2nd
Strategy
$50.26Bn
142.80
-1.39%
-56.76%
The company operates a Bitcoin Treasury business where it issues preferred stock and 'digital credit' instruments to provide investors exposure to its holdings. This involves structuring novel fixed-income and credit instruments to generate value from its balance sheet.
FITB
2nd
Fifth Third Bancorp
$49.74Bn
54.87
-0.18%
+18.61%
The Commercial Banking segment provides specialized non-bank financing including equipment leasing and asset-based lending to middle market and large corporate clients.
IX
Orix
$44.91Bn
39.95
-3.01%
+54.07%
ORIX's core revenue is generated from interest and fee income from its extensive leasing and lending portfolios, specifically automobile, equipment, aircraft, and ship finance. These activities are conducted as non-bank financing in specialized niches, fitting the description of Specialty Finance.
RPRX
Royalty Pharma
$36.78Bn
63.96
+0.13%
+74.47%
Royalty Pharma operates as a non-bank commercial lender/financier that originates and holds specialized assets (biopharmaceutical royalties) on its own balance sheet. It generates revenue from royalty receipts and milestones from partners like Vertex and GSK, funded by its own capital deployment rather than retail deposits.
BAP
2nd
Credicorp
$36.14Bn
382.92
-0.32%
+46.40%
The company operates Mibanco, which provides specialized microfinance and SME financing to microentrepreneurs in Peru and Colombia.
MTB
2nd
M&T Bank
$34.66Bn
239.98
-0.03%
+20.85%
The company provides specialized non-bank financing through M&T Equipment Finance Corp. and LEAF Commercial Capital Inc., specifically offering equipment leasing and financing.
HBAN
2nd
Huntington Bancshares
$34.41Bn
17.03
-0.18%
-3.29%
The Commercial Banking segment provides specialized non-bank financing products including equipment financing and asset-based lending for middle-market and large corporate clients.
CINF
2nd
Cincinnati Financial
$26.26Bn
171.10
-2.07%
+11.44%
The company owns CFC Investment Company, which provides commercial leasing and financing services.
SYF
2nd
Synchrony Financial
$25.97Bn
79.92
+0.09%
+5.87%
The company provides commercial credit products, including commercial pay-in-full accounts receivable products, to commercial customers and retail partners.
RF
2nd
Regions Financial
$25.92Bn
30.42
-0.07%
+12.92%
The company provides specialty financing capabilities, specifically equipment financing, as part of its Corporate Bank offerings.
AER
2nd
AerCap Holdings
$24.26Bn
145.37
-0.71%
+18.57%
The company operates as a non-bank financial entity providing specialized aircraft and helicopter leasing, including finance leases and purchase and leaseback arrangements through its Milestone subsidiary.
KEY
2nd
Keycorp
$23.68Bn
22.19
+0.36%
+17.10%
The company provides commercial leasing and equipment financing to large corporate and institutional clients through its Institutional operating segment.
FCNCA
2nd
First Citizens Bancshares
$22.94Bn
2,208.49
+0.23%
+9.87%
The firm engages in specialty finance through asset-based lending, factoring, and receivables management for commercial clients, as well as equipment leasing for railroads and shippers via its Rail segment.
RGLD
Royal Gold
$22.19Bn
262.11
-1.03%
+44.88%
Royal Gold operates as a non-bank commercial lender in a specialized niche, providing upfront financing to mine operators in exchange for future metal production or revenue shares. Its revenue is derived from the interest-like returns of these streaming and royalty contracts, funded by its own balance sheet rather than retail deposits.
SNX
2nd
Td Synnex
$21.01Bn
262.76
+0.13%
+77.55%
The company generates revenue from financing arrangements extended to resellers and end users, including third-party leasing, floor plan financing, and device-as-a-service offerings.
FTAI
2nd
FTAI Aviation
$20.14Bn
196.28
-1.56%
+26.18%
The company's Aviation Leasing segment owns and manages a portfolio of commercial aircraft and engines which it leases to third parties, a core activity of specialty finance for aviation assets.
SNA
2nd
Snap-on
$19.81Bn
382.93
-0.32%
+18.98%
Through its Financial Services segment and Snap-on Credit LLC, the company provides specialty financing, including installment sales, lease contracts, and business loans specifically for the purchase of its tools and equipment.
CNH
2nd
CNH Industrial
$17.82Bn
14.40
+3.97%
+28.34%
Through CNH Capital, the company provides specialty non-bank financing, including retail loans, leases, and wholesale financing to dealers and end users for the purchase of its equipment.
LEN
2nd
Lennar
$17.60Bn
83.61
-0.89%
-37.64%
The company originates commercial real estate loans secured by income-producing properties through its LMF Commercial subsidiary.
CBSH
2nd
Commerce Bancshares
$16.84Bn
58.37
+0.00%
-0.05%
The Commercial segment specifically provides leasing services, which generates leasing income for the company.
ZTO
2nd
ZTO Express (Cayman)
$16.58Bn
20.96
+0.29%
+16.32%
The company provides financial services to its qualified network partners, specifically offering loans and financing arrangements as a distinct revenue stream.
KIM
2nd
Kimco Realty
$15.80Bn
23.58
-1.42%
+3.47%
The company provides real estate financing services and preferred equity capital specifically to retailers, which constitutes a non-bank commercial lending activity.
PNFP
2nd
Pinnacle Financial Partners
$15.26Bn
101.07
-0.34%
+1.73%
The company provides specialty non-bank financing through Advocate Capital for law firm case expenses and JB&B Capital for commercial equipment loans and leases.
AIZ
2nd
Assurant
$14.10Bn
285.55
-0.76%
+32.88%
The company provides extended service contracts and protection for consumer electronics, appliances, and commercial equipment, which constitutes a material part of its Global Lifestyle segment revenue.
TXT
2nd
Textron
$13.60Bn
79.08
-0.37%
-0.78%
The Finance segment, through Textron Financial Corporation, provides specialized non-bank financing and credit to purchasers of Textron's manufactured aircraft and helicopters.
ALLY
2nd
Ally Financial
$13.31Bn
43.72
+0.30%
+6.97%
Through its Corporate Finance segment, the company provides senior debt, mezzanine financing, and structured credit solutions to equity sponsors and middle market enterprises.
JEF
2nd
Jefferies Financial
$11.24Bn
55.25
+1.77%
-13.43%
The company provides corporate lending through Jefferies Finance and commercial real estate finance through Berkadia, which are non-bank commercial lending activities.
SSB
2nd
SouthState Bank
$10.48Bn
108.06
+0.88%
+6.57%
The Corporate Billing segment provides non-bank financing services, specifically factoring, invoicing, and accounts receivable management for transportation and automotive companies.
WTFC
2nd
Wintrust Financial
$10.40Bn
154.12
+0.39%
+12.64%
The company has a dedicated specialty finance segment that provides non-bank financing such as lease financing, accounts receivable finance, and premium finance for insurance policies.
CFR
2nd
Cullen
$10.11Bn
162.67
-0.06%
+26.32%
The Banking segment provides specialized non-bank financing including equipment financing, inventory and accounts receivable financing, and commercial leases.
FCFS
2nd
FirstCash Holdings
$9.79Bn
225.62
+0.76%
+50.67%
Through its subsidiary American First Finance (AFF), the company provides specialty non-bank financing, specifically lease-to-own (LTO) and retail installment sales agreements for merchant partners and their customers.
AVB
2nd
Avalonbay Communities
$9.67Bn
68.14
+3.40%
-64.81%
The company earns income from its Structured Investment Program, which provides mezzanine loans and preferred equity to third-party developers.
AGCO
2nd
Agco
$9.34Bn
133.47
+6.11%
+23.65%
The company operates finance joint ventures that provide retail financing to farmers and wholesale/floor plan financing to its dealer network.
LAD
2nd
Lithia Motors
$8.51Bn
386.84
+2.17%
+16.60%
The company provides fleet management contracts, including leased vehicles and related services, to commercial clients ranging from small businesses to large enterprises.
VLY
2nd
Valley National Bancorp
$7.75Bn
14.02
+0.86%
+33.40%
The company provides equipment leasing to healthcare and industrial markets through its leasing subsidiary, Highland Capital Corp.
FAF
2nd
First American Financial
$7.42Bn
72.74
-4.92%
+11.63%
The company provides warehouse lending and mortgage subservicing, which are non-bank financing and servicing activities for the real estate industry.
TEX
2nd
Terex
$7.23Bn
63.24
+0.83%
+28.35%
The company operates Terex Financial Services, which facilitates financial transactions to assist customers in the procurement of its industrial equipment, acting as a captive finance arm.
OR
OR Royalties
$6.98Bn
37.30
-1.06%
+11.28%
OR Royalties operates as a non-bank commercial financier in a specialized niche, providing capital to mining companies in exchange for royalties and streams. It earns revenue from interest-like payments (percentages of metal value or predetermined purchase prices) on its portfolio of assets, such as the Canadian Malartic Complex, without taking on the operational costs of mining.
GATX
2nd
Gatx
$6.29Bn
178.07
+0.58%
+6.41%
The company operates a significant aircraft spare engine leasing business through GATX Engine Leasing and joint ventures, providing non-bank financing and leasing for high-value aviation assets to commercial aircraft operators.
HOMB
2nd
Home Bancshares
$6.04Bn
30.15
+0.50%
+2.24%
The company operates specialty lending platforms, specifically the Shore Premier Finance segment which provides commercial and consumer marine loans for yachts and sailboats, and the Centennial Commercial Finance Group which focuses on national commercial and industrial loans.
STWD
2nd
Starwood Property Trust
$5.96Bn
16.08
+1.20%
-20.63%
The company operates an Infrastructure Lending Segment that originates and manages senior secured project finance loans tied to power generation and oil and gas assets, which constitutes non-bank specialty financing outside of traditional real estate mortgages.
RUSHA
2nd
Rush Enterprises Inc \Tx\
$5.96Bn
50.95
+1.68%
-12.94%
Rush provides financing and leasing products to its commercial vehicle customers, acting as a specialty finance provider for commercial fleet equipment.
ASB
2nd
Associated Banc
$5.86Bn
31.07
+0.49%
+18.32%
The Corporate and Commercial Specialty segment provides specialized non-bank-style financing including asset-based lending and equipment financing.
AUB
2nd
Atlantic Union Bankshares
$5.80Bn
40.90
+0.29%
+14.98%
The company has an equipment finance subsidiary that provides nationwide financing for specialized industries such as marine, construction, manufacturing, and medical equipment.
ENVA
2nd
Enova International
$5.73Bn
230.32
-1.25%
+91.98%
The company provides non-bank financing to small businesses through its OnDeck and Headway Capital brands, offering installment loans and lines of credit to firms with median annual sales of about $585,000.
RITM
2nd
Rithm Capital
$5.63Bn
10.09
+0.30%
-18.30%
The Residential Transitional Lending segment, operating through Genesis, provides short-term business-purpose mortgage loans, including construction and bridge loans, to real estate developers.
HASI
2nd
HA Sustainable Infrastructure Capital
$4.91Bn
38.35
-3.74%
+37.70%
The company engages in specialty finance by providing capital across the capital structure to niche sustainable projects, including renewable natural gas plants and transportation fleet enhancements, earning interest income on these debt investments.
SKY
2nd
Champion Homes
$4.85Bn
87.72
+1.92%
+11.26%
The company provides dealer floor plan financing through Champion Financing, which is a form of specialized non-bank commercial financing for its retail partners.
BC
2nd
Brunswick
$4.83Bn
74.44
+2.32%
+13.75%
Brunswick provides financing services, specifically dealer floor plan financing and consumer loans, which are non-bank financing solutions for its dealer network and customers.
OPLN
2nd
Openlane
$4.36Bn
35.44
+1.52%
+21.58%
Through its subsidiary AFC, the company provides floorplan financing, which is short-term inventory-secured financing for independent vehicle dealers. This represents a specialized niche of non-bank commercial lending for vehicle inventory.
MARA
2nd
MARA Holdings
$4.32Bn
11.31
-2.50%
-28.82%
The company generates material interest income, specifically $32.1 million in 2025, by monetizing its bitcoin holdings through lending, structured trading, and collateralized financing.
UCB
2nd
United Community Banks
$4.27Bn
35.63
+0.71%
+6.10%
The company provides specialized non-bank financing through its national equipment finance platform, which is distinct from its regional deposit-taking activities.
ABG
2nd
Asbury Automotive
$3.90Bn
217.10
+0.82%
-16.18%
The company operates a dedicated finance and insurance subsidiary, Total Care Auto (TCA), which provides specialized non-bank financing and protection products such as guaranteed asset protection and lease wear and tear contracts.
SKYW
2nd
Skywest
$3.85Bn
99.06
+2.93%
-17.79%
The company operates a SkyWest Leasing segment that finances new E175 aircraft and generates revenue from leasing aircraft and engines to third parties.
RNST
2nd
Renasant
$3.78Bn
41.40
+0.46%
+5.96%
Through Republic Business Credit, the company provides specialized non-bank financing including factoring and asset-based lending on a nationwide basis.
FFBC
2nd
First Financial Bancorp
$3.46Bn
32.98
+0.46%
+25.93%
The company operates several specialty finance arms, including Summit Funding Group for lease and equipment financing, and Oak Street Funding and First Franchise Corporation for niche lending to RIAs and franchisees.
BKU
2nd
BankUnited
$3.35Bn
46.38
+1.05%
+19.44%
Through its Bridge subsidiary, the company provides specialized non-bank financing including equipment loans, finance leases, and operating lease structures.
SII
2nd
Sprott
$3.35Bn
129.74
-0.76%
+95.19%
Through its Private strategies segment and Sprott Resource Lending Corp., the company provides debt financing and specialized capital to companies in the natural resource sector.
HOG
2nd
Harley-Davidson
$2.95Bn
28.31
+2.31%
-6.23%
The company provides wholesale floorplan inventory financing to its network of independent dealers through its financial services unit.
TBBK
2nd
Bancorp
$2.74Bn
66.87
-1.28%
-12.62%
The company operates a Credit Solutions segment providing specialty non-bank financing, specifically equipment leasing for commercial and government fleets and commercial real estate bridge loans.
CUBI
2nd
Customers Bancorp
$2.74Bn
81.04
+1.83%
+11.89%
The bank engages in specialty finance activities, specifically providing commercial equipment financing and specialized lending to niches like fund finance and venture capital banking.
FBNC
2nd
First Bancorp
$2.69Bn
65.04
+1.09%
+19.14%
Through its subsidiary Magnolia Financial, the company provides specialized non-bank financing including accounts receivable factoring, inventory financing, and purchase order financing.
BBT
2nd
Beacon Financial
$2.67Bn
31.87
+1.30%
+20.95%
The company operates an Equipment Financing segment through its Eastern Funding subsidiary, which provides loans and leases for commercial equipment to small businesses like laundries and fitness centers.
AGM
2nd
Federal Agricultural Mortgage
$2.47Bn
227.92
+1.01%
+11.35%
The company provides financing for specialized niches including rural broadband infrastructure, renewable energy projects, and corporate agribusinesses, which falls under specialty finance for non-bank commercial lending.
MBIN
2nd
Merchants Bancorp
$2.42Bn
52.68
+0.15%
+63.91%
The Mortgage Warehousing segment provides asset-based financing and warehouse facilities to non-depository financial institutions and mortgage bankers, which is a specialized non-bank financing niche.
PLUS
2nd
Eplus
$2.41Bn
92.10
+1.35%
+28.40%
The Financing segment provides non-bank financing specifically for IT equipment through sales-type and operating leases and loans.
PBI
2nd
Pitney Bowes
$2.38Bn
17.39
-1.08%
+42.08%
The company operates Pitney Bowes Bank, which provides credit and financing options specifically to enable customers to acquire mailing and shipping equipment.
TRN
2nd
Trinity Industries
$2.26Bn
28.32
+0.64%
+1.54%
The company provides non-bank financing through full service operating leases for freight and tank railcars to industrial shippers and railroads, which fits the specialty finance niche for equipment leasing.
LTC
2nd
Ltc Properties
$2.22Bn
41.21
-1.60%
+13.78%
LTC Properties provides structured finance solutions, including preferred equity, bridge, and mezzanine lending, which are non-bank commercial lending activities in a specialized niche.
SRCE
2nd
1St Source
$2.10Bn
87.23
+0.67%
+36.72%
The company operates a Specialty Finance Group with 15 locations nationwide that focuses on non-bank financing for construction equipment, aircraft, and vehicle fleets for fleet customers.
BLX
2nd
Bladex
$2.07Bn
55.67
-0.30%
+20.32%
The bank provides specialized non-bank financing services including factoring, vendor financing, and financial leasing within its Commercial Business Segment.
ECPG
Encore Capital
$2.06Bn
97.30
+0.38%
+133.84%
Encore Capital is a specialty finance company that acquires portfolios of defaulted consumer receivables at deep discounts and manages them for recovery. This non-bank commercial lending activity, specifically the purchase and holding of non-performing consumer debt, fits the specialty finance niche.
CMRE
2nd
Costamare
$1.88Bn
15.57
+1.04%
+30.84%
The company operates a lease financing platform called Neptune, which engages in sale and leaseback transactions and bareboat charters for various vessel types across the maritime sector.
SMA
2nd
SmartStop Self Storage REIT
$1.80Bn
32.59
-1.60%
-10.17%
The company generates revenue from financing activities, providing mezzanine loans, bridge loans, promissory notes, and preferred equity to Managed REITs and joint venture properties.
BY
2nd
Byline Bancorp
$1.76Bn
38.84
+0.34%
+34.67%
The company operates a substantive equipment leasing business through its subsidiary, Byline Financial Group, which serves vendors and end users in manufacturing, construction, and healthcare.
CASH
2nd
Pathward Financial
$1.73Bn
83.19
+0.51%
+6.14%
The Commercial Finance business line provides specialized non-bank style financing including equipment finance, factoring, asset-based lending, and lease financing for small and mid-sized enterprises.
TRIN
2nd
Trinity Capital
$1.71Bn
18.22
-0.71%
+12.54%
The company engages in specialty finance activities, specifically providing equipment financings and asset-based lending secured by mission-critical assets for growth-oriented companies.
QCRH
2nd
Qcr Holdings
$1.68Bn
102.69
-0.14%
+30.28%
The company operates a leasing subsidiary, m2, and includes leases in its interest-earning assets, fitting the description of specialty finance for equipment or commercial leasing.
TFIN
2nd
Triumph Financial
$1.66Bn
69.60
+1.10%
+8.51%
The company has a substantial Factoring segment that provides working capital to trucking carriers by purchasing invoices at a discount, which is a form of receivables finance.
IIPR
2nd
Innovative Industrial Properties
$1.57Bn
57.12
+0.55%
+4.12%
The company provides non-bank financing and credit facilities, specifically citing a credit facility extended to IQHQ and fees associated with loan origination and servicing activities.
CSWC
2nd
Capital Southwest
$1.57Bn
24.58
+0.12%
+6.87%
The company operates SBIC subsidiaries that provide non-bank financing to small businesses with tangible net worth below $24 million, utilizing SBA-guaranteed debentures to fund these niche commercial loans.
CNF
2nd
CNFinance Holdings
$1.51Bn
2.20
+0.92%
-8.33%
The company provides non-bank financing to micro- and small-enterprise (MSE) owners, specifically offering tailored loan products and bridge loans for working capital needs. This activity falls under specialty finance as it targets a specific niche of business owners using property-backed credit outside of a traditional deposit-taking bank structure.
TRTN-PA
2nd
Triton International
$1.45Bn
26.42
+0.65%
+2.09%
The company operates a substantial equipment leasing business, providing non-bank financing and leasing for specialized intermodal equipment. This activity involves structuring finance leases and managing a large balance sheet of leased assets, fitting the specialty finance profile.
PEBO
2nd
Peoples Bancorp
$1.44Bn
39.99
+0.83%
+28.30%
The company operates nationwide specialty lending operations, specifically providing equipment leasing and financing arrangements as a distinct business line.
TMP
2nd
Tompkins Financial
$1.43Bn
99.69
+1.16%
+42.54%
The banking segment specifically originates and services lease products as part of its lending activities, which falls under specialty finance.
GBX
2nd
Greenbrier Companies
$1.34Bn
43.26
+1.07%
-8.00%
The company owns and operates a lease fleet of approximately 17,000 railcars, providing operating and per diem leases to railroads and other railcar owners.
GOLD
2nd
Gold.com
$1.31Bn
46.16
+11.28%
+93.38%
Through its subsidiary Collateral Finance Corporation, the company operates a Secured Lending segment that originates commercial loans secured by bullion, numismatic coins, and graded sports cards.
MSDL
2nd
Morgan Stanley Direct Lending Fund
$1.29Bn
15.23
+0.26%
-15.25%
The company operates a specialty finance business providing non-bank commercial lending, specifically senior secured term loans and mezzanine notes to middle-market companies. This activity is conducted through its Direct Lending and Opportunistic Credit strategies.
JCAP
Jefferson Capital
$1.23Bn
21.35
-0.14%
+11.08%
Jefferson Capital operates as a non-bank commercial lender/finance company that specializes in the niche of purchasing charged-off and deteriorating consumer loan portfolios at a discount. Its revenue is derived from the recovery of these distressed receivables and the management of non-performing loans, which fits the specialty finance profile of providing credit-related financing outside a deposit-taking structure.
WLFC
2nd
Willis Lease Finance
$1.19Bn
56.22
+1.28%
-60.99%
The company operates as a non-bank financier in the specialized niche of aircraft and engine leasing, acquiring assets through sale-leaseback transactions and generating returns through lease income.
OCSL
2nd
Oaktree Specialty Lending
$1.15Bn
13.06
-0.53%
-5.91%
The company provides non-bank financing and customized credit solutions, including unsecured loans and bonds, to companies with limited access to public capital markets. This activity constitutes specialty finance for middle-market enterprises outside of a traditional deposit-taking structure.
UPBD
Upbound
$1.11Bn
18.98
+1.66%
-24.95%
Upbound operates as a leading lease-to-own provider through its Acima, Rent-A-Center, and Mexico segments, providing non-bank financing for durable goods like furniture and electronics. This activity matches the specialty finance description of equipment leasing and non-bank commercial lending funded by wholesale borrowing rather than deposits.
HTT
2nd
High Templar Tech
$1.10Bn
2.60
+0.00%
-45.03%
The company operates an aircraft leasing business where it owns aircraft and leases them to third-party operators, which is a form of specialty finance.
LU
Lufax Holding
$1.08Bn
1.25
+2.46%
-59.28%
Lufax provides non-bank financing to small business owners for working capital and expansion funds through its Core Retail Credit and Enablement segment. This activity constitutes a substantial part of its business, providing credit to a niche (small businesses) outside of a traditional deposit-taking bank structure.
ESQ
2nd
Esquire Financial Holdings
$1.03Bn
118.96
-1.88%
+24.72%
The company provides specialized non-bank-style financing in a niche market, specifically offering working capital and post-settlement commercial loans tailored to the unique cash flow and contingent case inventories of the litigation market.
NBBK
2nd
NB Bancorp
$1.01Bn
23.16
+0.83%
+21.07%
The company provides specialized non-bank commercial financing through its Structured Finance division, specifically targeting niche sectors such as cannabis cultivation and solar energy projects.
MTA
Metalla Royalty & Streaming
$957.79Mn
10.31
-0.77%
+90.22%
Metalla operates as a non-bank commercial lender/financier in a specialized niche, providing upfront capital to mining operators in exchange for royalties and streams. Its revenue comes from interest-like royalty payments and predetermined-price metal purchases, funded by its own balance sheet rather than retail deposits.
BUR
Burford Capital
$957.39Mn
4.36
+1.40%
-67.24%
Burford Capital operates as a non-bank commercial lender in the specialized niche of legal finance, providing capital against the value of litigation assets. Its Principal Finance segment allocates capital from its own balance sheet to fund legal fees and monetize claims, earning income from settlements and judgments.
ABX
2nd
Abacus Global Management
$937.83Mn
9.59
-1.84%
+40.20%
The company operates as a non-bank commercial lender in the life settlement niche, purchasing life insurance policies on its own balance sheet to earn returns from death benefits and trade spreads.
SMBK
2nd
Smartfinancial
$886.56Mn
51.85
+0.06%
+38.97%
Through its wholly owned subsidiary Fountain Equipment Finance, LLC, the company provides specialized loans and leases for heavy equipment, semi trucks, and trailers to small and medium sized businesses.
EGBN
2nd
Eagle Bancorp
$859.22Mn
28.18
+1.51%
+43.78%
The company operates Bethesda Leasing, LLC, which manages real estate owned assets, and Landroval Municipal Finance, Inc., which provides specialized financing to municipalities through direct issuance and debt purchasing.
PGC
2nd
Peapack Gladstone Financial
$822.22Mn
46.38
+0.96%
+61.27%
The Commercial Private Banking segment provides specialized non-bank financing in the form of equipment financing for business owners and professionals.
CGBD
2nd
Carlyle Secured Lending
$808.49Mn
11.69
+1.04%
-15.35%
The company provides non-bank commercial lending to middle-market firms, specifically offering first and second lien debt and structured products. This activity constitutes specialty finance as it originates and holds business loans outside of a deposit-taking banking structure.
CTO
2nd
CTO Realty Growth
$805.12Mn
21.48
+0.28%
+25.39%
The Commercial Loans and Investments segment originates and holds a portfolio of corporate loans and preferred equity investments secured by real estate collateral, earning interest income and origination fees.
HTB
2nd
HomeTrust Bancshares
$789.72Mn
47.21
+0.28%
+15.03%
The company provides specialized non-bank financing through equipment finance leases and municipal leases, which are distinct from its traditional deposit-funded loan products.
VEL
2nd
Velocity Financial
$725.75Mn
18.47
+0.44%
-2.33%
The company operates as a non-bank commercial lender providing specialized financing for mixed-use and commercial properties, as well as senior housing and long-term care facilities through its Century Health & Housing Capital subsidiary.
NFTN
NFiniTi
$720.00Mn
6.00
+0.00%
+252.94%
The company is a development-stage entity with no active operations, products, or customers. In the absence of any specific business activity described in the profile, F-06 (Specialty Finance) is selected as the closest available placeholder within the Financial Services sector, although the company currently generates no revenue.
PFIS
2nd
Peoples Financial Services
$719.04Mn
71.83
+1.30%
+36.64%
Through its subsidiary 1st Equipment Finance, Inc., the company provides specialized non-bank financing including direct finance loans and leases for equipment to businesses and governmental units.
PRAA
Pra
$716.06Mn
19.02
+0.16%
+12.68%
PRA Group is a specialty finance company that purchases and manages nonperforming loan portfolios, including credit card, auto loan, and consumer loan debts. It earns revenue from the collections on these purchased portfolios, which is a form of non-bank commercial lending/financing activity focused on distressed debt.
SLRC
2nd
SLR Investment
$685.75Mn
12.57
-0.48%
-24.05%
The company operates a dedicated 'SLR Equipment Finance' segment that provides senior secured financing solutions for equipment to large corporate customers, which constitutes a specialty finance activity.
LEGH
2nd
Legacy Housing
$675.64Mn
28.41
+1.86%
+0.74%
Legacy Housing provides specialized non-bank financing, including inventory financing to independent retailers and manufactured housing community financing to community owners.
UROY
Uranium Royalty
$650.87Mn
4.44
+0.00%
+34.14%
The company operates as a non-bank financing entity in a specialized niche, providing capital to uranium firms in exchange for royalty streams and off-take agreements. Its revenue model is based on interest, dividends, and royalty payments from these private credit and equity investments rather than operating a bank or managing a pooled fund.
FBIZ
2nd
First Business Financial Services
$609.46Mn
72.83
+1.10%
+40.84%
Through First Business Specialty Finance LLC, the company engages in specialized non-bank financing activities such as asset-based lending, accounts receivable financing, and equipment financing.
NPB
2nd
Northpointe Bancshares
$596.88Mn
17.26
+0.47%
-4.54%
The company operates a Mortgage Purchase Program that provides independent mortgage bankers with a collateralized mortgage purchase facility to supply short-term liquidity, which is a form of specialized non-bank commercial financing/warehouse lending.
NRIM
2nd
Northrim Bancorp
$588.37Mn
26.45
+1.85%
+14.14%
The Specialty Finance segment provides non-bank financing solutions, specifically factoring and asset-based lending, to small and medium sized enterprises via subsidiaries like Sallyport Commercial Finance.
GROY
Gold Royalty
$586.21Mn
3.35
-2.62%
-6.94%
Gold Royalty provides non-bank financing to the mining industry by acquiring royalties and streaming interests, which are specialized forms of asset-based financing. Its revenue is derived from royalty payments and interest on loans made to mining companies, such as the gold-linked loan for the Borborema project.
CIVB
2nd
Civista Bancshares
$577.46Mn
27.77
+0.73%
+33.83%
The company operates a nationwide equipment leasing and financing business through its CLF division, providing specialized non-bank financing to business clients in industries like construction and healthcare.
MSIF
2nd
Msc Income Fund
$574.07Mn
12.66
+0.48%
-9.70%
The company provides non-bank financing in specialized niches, specifically extending secured debt, direct equity, and warrants to lower middle market companies through its LMM segment.
CSV
2nd
Carriage Services
$538.57Mn
33.91
+0.12%
-20.06%
The company earns fees from managing trust assets associated with pre-need sales, which constitutes a specialized financial service managing funds for future performance.
OPFI
OppFi
$500.95Mn
7.42
+1.50%
-26.61%
OppFi operates as a specialty finance platform providing non-bank financing for underbanked consumers, specifically facilitating installment loans for expenses like car repairs and medical bills. While it uses bank partners for funding, its core business is the origination and servicing of these specialized credit products.
AHRT
2nd
AH Realty Trust
$493.07Mn
6.61
+1.69%
-7.03%
The company has a dedicated 'Real estate financing' segment that provides preferred equity investments and mezzanine financing for third-party development projects, earning interest income.
FRST
2nd
Primis Financial
$406.21Mn
16.38
+1.68%
+45.60%
The company operates a Mortgage Warehouse Lending program that provides temporary funding and lines of credit to independent mortgage companies, which is a specialized non-bank commercial lending activity.
DIN
2nd
Dine Brands Global
$401.81Mn
31.71
-1.40%
+36.09%
The company has a dedicated financing operations segment that earns interest on notes receivable from franchisees and interest on equipment leases.
ORBS
Eightco Holdings
$386.80Mn
0.90
-7.22%
-37.93%
The company's sole revenue-generating segment, Forever 8, provides funding solutions and inventory management services for e-commerce businesses to maintain stock levels without tying up their own capital. This activity constitutes non-bank commercial financing and receivables-style funding for a specific business niche, which aligns with Specialty Finance.
SNDL
2nd
Sndl
$376.60Mn
1.43
+1.42%
-41.39%
The company has a dedicated investments segment that deploys capital into debt and equity securities and joint ventures, specifically mentioning an investment in SunStream Bancorp Inc. to generate financial returns.
ATLCP
Atlanticus Holdings
$364.39Mn
24.02
+1.05%
+2.04%
Atlanticus operates as a non-bank lender that originates and holds consumer receivables, specifically purchasing card receivables and auto loans. It earns revenue from interest and fee income on these purchased loans and provides floor plan financing to auto dealers, fitting the specialty finance profile.
ALUB
Alussa Energy Acquisition
$363.33Mn
10.11
+0.00%
—
Alussa Energy Acquisition Corp. II is a blank check company (SPAC) that currently has no operating business and generates revenue solely through interest earned on funds held in its Trust Account. Since it functions as a non-bank entity holding and managing capital for the purpose of a future acquisition, it fits best under Specialty Finance as it provides a specialized financing vehicle structure.
OPRT
2nd
Oportun Financial
$361.63Mn
7.87
+6.21%
+20.89%
The company operates a 'Lending as a Service' segment where it leverages its proprietary credit scoring and underwriting models to originate and service loans for corporate partners like DolFinTech and Western Union.
AVBH
2nd
Avidbank Holdings
$350.57Mn
31.92
+0.69%
+26.42%
The company operates a Specialty Finance segment that provides non-bank style financing including accounts receivable factoring and asset-based lending to manufacturers and wholesalers.
COSO
2nd
CoastalSouth Bancshares
$333.41Mn
27.89
+0.65%
+28.11%
The company operates several specialty finance lines, including Marine Lending for high-end vessels and Senior Housing Lending for assisted living operators, which provide niche non-bank style financing beyond traditional community banking.
FSBW
2nd
FS Bancorp
$325.76Mn
43.88
+1.08%
+3.64%
The bank operates in specialty finance niches, specifically providing indirect home improvement and marine finance for recreational vessel owners.
HRZN
2nd
Horizon Technology Finance
$324.18Mn
4.84
-0.41%
-30.46%
The company operates as a specialty finance provider, offering 'Venture Loans' and secured first lien debt investments to development-stage companies in technology and life sciences. This non-bank commercial lending activity fits the description of specialty finance for niche business loans.
RC
2nd
Ready Capital
$289.12Mn
1.75
-1.13%
-58.92%
The company provides non-bank financing for small businesses through SBA Section 7(a) loans and USDA loans, serving as a non-bank Small Business Lending Company.
SAR
2nd
Saratoga Investment
$286.69Mn
17.60
-0.96%
-30.05%
The company provides non-bank commercial financing through senior leveraged loans, unitranche loans, and mezzanine debt to middle-market businesses. These activities involve originating and holding business loans outside of a deposit-taking banking structure, funded by its own capital and structured finance vehicles.
MFIN
2nd
Medallion Financial
$284.87Mn
12.22
+1.75%
+13.25%
Medallion Capital provides specialty commercial financing in the form of mezzanine loans to businesses in manufacturing, construction, and wholesale trade.
FNRN
2nd
First Northern Community Bancorp
$284.46Mn
17.35
+0.06%
+50.87%
The company earns fee income from equipment leasing, which is a specific non-bank financing niche described in the profile.
RWAY
2nd
Runway Growth Finance
$280.73Mn
6.65
+0.76%
-37.97%
The company operates as a specialty finance provider, originating and holding senior secured loans for high-growth companies in niches like technology and healthcare. This activity involves providing non-bank commercial lending to growth-stage companies outside of a traditional deposit-taking structure.
TROO
Troops
$273.64Mn
2.24
+3.70%
+111.32%
The company operates a significant money lending segment through subsidiaries like Giant Credit Limited and First Asia Finance Limited, providing personal and corporate loans to borrowers and earning interest income.
ACRE
2nd
Ares Commercial Real Estate
$253.55Mn
4.57
+0.44%
-6.73%
The company operates as a specialty finance company that originates and holds non-bank commercial real estate debt and preferred equity investments for borrowers and sponsors.
MRBK
2nd
Meridian
$236.21Mn
19.81
+1.69%
+25.86%
The Commercial Banking segment provides equipment leasing as a specific financing product for its business customers.
LIEN
2nd
Chicago Atlantic BDC
$235.51Mn
10.32
-0.10%
-5.02%
The company operates as a specialty finance firm providing non-bank financing in niches underserved by traditional banks, specifically making direct loans to privately held cannabis companies and providing asset-based lending against accounts receivable and equipment.
REFI
2nd
Chicago Atlantic Real Estate Finance
$233.39Mn
10.95
+0.83%
-22.45%
The company provides non-bank financing in a specialized niche, specifically providing credit to state-licensed cannabis operators secured by equipment, receivables, and licenses in addition to real estate.
HQI
2nd
HireQuest
$224.35Mn
16.14
-2.89%
+67.08%
The company earns income from financing franchisee working capital needs through the purchase of accounts receivable, which constitutes a specialty finance activity.
TPVG
2nd
TriplePoint Venture Growth BDC
$212.51Mn
5.22
-2.61%
-23.24%
The company provides specialized non-bank financing, specifically equipment financings and revolving loans to high-growth technology and biotech firms, which fits the description of specialty finance for niche commercial lending.
ORMP
2nd
Oramed Pharmaceuticals
$206.98Mn
5.01
+1.62%
+127.73%
The company generates significant revenue through non-bank financing activities, specifically by holding interest-bearing promissory notes and extending secured loans to companies like Scilex Holding Company and Lifeward Ltd.
CPSS
2nd
Consumer Portfolio Services
$203.03Mn
9.40
+6.70%
+27.03%
The company engages in specialty finance by purchasing contracts from franchised and independent automobile dealers, acting as an alternative financing source for these dealer entities.
ICR-PA
InPoint Commercial Real Estate Income
$193.95Mn
22.65
+0.00%
+17.24%
The company's primary revenue is generated through interest income from originating and holding commercial real estate debt, including first mortgage, subordinate, and mezzanine loans. It operates as a non-bank commercial lender that originates and holds business loans outside a deposit-taking structure, funded by borrowing rather than deposits.
STRW
2nd
Strawberry Fields REIT
$192.33Mn
13.67
+0.00%
+12.60%
The company occasionally extends loans to healthcare operators, which constitutes a non-bank commercial lending activity in a specialized niche.
SWKH
SWK Holdings
$192.33Mn
15.90
-4.96%
-9.35%
SWK Holdings operates as a specialty finance company providing secured loans, debt investments, and capital advances to life science companies. It generates revenue from interest income and fees on these non-bank commercial loans to entities such as 4Web, Inc. and Biotricity, Inc.
MNSB
2nd
MainStreet Bancshares
$181.07Mn
25.44
+0.91%
+13.98%
The company operates MainStreet Community Capital LLC, which provides specialized financing and investments in low-income communities and distressed areas to spur economic development.
PNBK
2nd
Patriot National Bancorp
$130.61Mn
1.11
-0.89%
-24.49%
The company provides specialized institutional banking and sponsorship services to fintech companies, program managers, and non-depository financial institutions. These activities generate fee income through debit and credit card program sponsorship and settlement services for non-bank financial entities.
TOP
2nd
TOP Financial
$130.57Mn
14.99
-1.32%
+1,181.20%
The company operates a money lending business through its Winrich subsidiary and provides margin financing, which together contributed 25% and 4.7% of revenue respectively in 2025.
EMPD
2nd
Empery Digital
$92.48Mn
3.29
-3.52%
-53.99%
The company explicitly plans to expand its vehicle financing operations for golf carts and UTVs to generate positive cash flow by leveraging the spread between its cost of capital and interest income.
JFIN
2nd
Jiayin
$88.78Mn
1.70
-5.56%
-86.26%
The company provides guarantee services through its own licensed financing guarantee subsidiaries to protect institutional funding partners against borrower default, which constitutes a substantive non-bank credit enhancement business line.
SRL
2nd
Scully Royalty
$84.64Mn
5.71
+0.18%
+3.82%
The company operates a merchant banking segment through Merkanti Holding plc, which provides specialty financial services, structured finance, and investment activities to European corporate clients.
GECC
2nd
Great Elm Capital
$83.34Mn
6.00
+0.84%
-46.67%
The company owns specialty finance subsidiaries that provide specific non-bank financing products, including factoring, asset-based lending, and equipment financing.
AFCG
2nd
Advanced Flower Capital
$81.00Mn
3.57
-1.38%
-22.39%
The company operates as a specialized non-bank lender in the cannabis niche, providing financing to operators and ancillary businesses where traditional bank financing is limited.
SUIG
SUI Group Holdings
$75.27Mn
0.98
-4.85%
-84.04%
The company operates a portfolio investment business providing short-term non-bank lending solutions, including real estate development loans, operating capital loans, and tax refund advances to private businesses and high-net-worth individuals. It earns revenue from interest income, origination fees, and servicing fees, fitting the description of a non-bank commercial lender in a specialty niche.
MGTE
Marblegate Capital
$73.91Mn
1.00
-9.09%
-50.50%
The company operates a Specialty Finance segment that generates revenue from interest income on a loan portfolio collateralized by NYC taxi medallions, including MRP+ loans. It acts as a non-bank commercial lender providing credit in a specialized niche, funded by wholesale borrowing such as a revolving credit facility with DZ Bank.
GFLT
2nd
GenFlat Holdings
$47.31Mn
3.61
+0.00%
-65.39%
The company operates an equipment leasing segment that provides both operating and finance leases for its intermodal containers to shipping lines, acting as a non-bank financing provider for specialized equipment.
HGBL
2nd
Heritage Global
$47.11Mn
1.36
+4.62%
-30.26%
Through Heritage Global Capital LLC, the company provides specialty financing solutions and loans to investors in charged-off and nonperforming asset portfolios, earning income from interest and upfront fees.
RMCO
Royalty Management Holding
$42.41Mn
2.84
+2.53%
+29.68%
The company operates as a royalty-focused investment company that acquires and structures cash flow streams from assets, specifically generating revenue through royalty payments from coal and natural resource extraction. It competes with specialty finance firms and uses a non-bank financing model to monetize existing cash flows.
STRR
2nd
Star Equity Holdings
$39.28Mn
10.62
+0.95%
+7.60%
The company operates an Investments segment that manages a portfolio of public and private companies, earning dividends and interest, which aligns with specialty finance and investment holding activities.
QNTO
2nd
Quaint Oak Bancorp
$38.41Mn
14.49
-0.07%
+42.76%
The company provides specialized non-bank financing through subsidiaries focused on commercial real estate financing and equipment lending.
TRLC
2nd
TriLinc Global Impact Fund
$38.22Mn
0.80
+0.00%
-18.37%
The company provides non-bank financing in specialized niches, including trade finance facilities and senior secured term loans to small and medium enterprises in emerging markets. These activities constitute a substantive business line of providing credit outside a traditional deposit-taking structure.
BMNM
Bimini Capital Management
$34.69Mn
3.45
+0.00%
+171.65%
Bimini Capital Management operates as a specialty finance company that invests in agency mortgage-backed securities (MBS) through its subsidiary Royal Palm Capital, LLC. It earns revenue from interest and dividend income on these holdings, fitting the profile of a non-bank commercial lender/investor in a specialized niche.
BENF
Beneficient
$34.48Mn
2.33
+8.37%
-26.59%
Beneficient provides liquidity solutions and primary capital financing through its 'ExAlt Plan' loan structure, making loans to Customer ExAlt Trusts to provide liquidity for alternative assets. This constitutes non-bank commercial lending in a specialized niche, funded by its own balance sheet rather than deposits.
ZLME
Zhanling International
$29.25Mn
8.50
+0.00%
+0.00%
The company is described as a shell or 'blank check entity' with no current operations, revenue, or customers, focusing solely on evaluating potential business opportunities for acquisition. In the absence of any operational activity, it is categorized under Specialty Finance as it currently functions as a vehicle for capital deployment and business combination search.
TXMD
2nd
TherapeuticsMD
$25.58Mn
2.21
-1.34%
+104.63%
The company functions as a pure-play royalty holding company, earning passive income through tiered royalty payments and milestone payments from partners like Mayne Pharma. This business model of providing a specialized financial asset (IP royalties) for a fee/percentage of sales aligns with specialty finance.
CTRM
2nd
Castor Maritime
$23.00Mn
2.38
+1.28%
+17.82%
The company earns revenue from structuring and placement fees for investment solutions and capital-raising fees tied to vessel transactions and financing activities.
ABCP
AmBase
$22.08Mn
0.26
-7.14%
-13.33%
AmBase operates as a holding company whose primary revenue is generated from interest earned on its cash and cash equivalents holdings. Since it does not hold a banking charter or manage pooled funds for clients, it fits best under Specialty Finance as a non-bank entity managing its own balance sheet for interest income.
STQN
Strategic Acquisitions
$18.20Mn
0.39
+0.00%
-35.00%
Strategic Acquisitions is a non-bank lender that provides loans to businesses and individuals, specifically offering digital asset backed loan services. It generates revenue from interest income and loan origination/servicing fees, fitting the profile of a specialty finance company providing credit in a niche market outside of traditional banking.
UPYY
2nd
Upay
$15.85Mn
0.90
+0.00%
-35.71%
Through Huntpal, the company provides financing arrangements and tailored financing plans for hunting safaris, acting as a non-bank financier in a specialized niche.
KARX
Karbon-X
$12.59Mn
0.16
+0.00%
-68.00%
Karbon-X operates as a non-bank financial entity that acquires, funds, and resells verified carbon credits to industrial corporations in sectors like mining and oil and gas. This activity constitutes specialty finance by providing a financial vehicle for carbon offsets and funding greenhouse gas reduction initiatives outside of a traditional banking structure.
SMXT
2nd
SolarMax Technology
$12.47Mn
2.63
-6.74%
+124.79%
Through SolarMax Financial, Inc., the company provides secured installment financing to purchasers of photovoltaic systems and earns interest income from its legacy loan portfolio.
APHP
2nd
American Picture House
$11.38Mn
0.10
+0.00%
-33.33%
The company operates as a joint financier providing senior recoupment or loan positions to independent film projects, applying disciplined underwriting and structured deal terms. This activity constitutes non-bank commercial lending in a specialized niche, where it earns income from priority distributions of project receipts.
SPST
Superstar Platforms
$10.94Mn
0.06
+0.00%
-45.45%
The company's current revenue is primarily derived from its small business lending segment, where it originates and holds loans with an annual interest rate of 24%. This activity constitutes non-bank commercial lending to a specific business niche, fitting the description of Specialty Finance.
AIHS
Senmiao Technology
$10.21Mn
2.00
+17.65%
-16.67%
The company provides non-bank financing and leasing in a specialized niche, specifically automobile operating leases and financing leases for ride-hailing drivers. It generates revenue from interest income on financing leases and lease payments, which fits the description of specialty finance.
SPFX
Standard Premium Finance Holdings
$9.09Mn
3.10
+0.32%
+115.28%
The company provides non-bank commercial financing specifically for insurance premiums, which is a specialized niche. It originates and holds these loans on its balance sheet, funded by revolving credit lines and subordinated notes rather than retail deposits.
SUND
Sundance Strategies
$8.61Mn
0.20
+0.00%
-57.45%
Sundance Strategies operates as a non-bank specialty finance firm that acquires life insurance policies and residual interests (net insurance benefits) to earn income from the maturity of those policies. This activity constitutes a specialized niche of credit/asset financing outside of traditional banking or insurance underwriting.
DSS
2nd
Dss
$8.34Mn
0.83
-1.19%
-38.97%
The Commercial Lending segment, operated through American Pacific Financial, Inc., provides non-bank financing solutions including business lines of credit, land development financing, and inventory financing to businesses.
TCRI
TechCom
$5.20Mn
0.08
+0.00%
-55.56%
The company is a shell entity with no active operations, revenue, or products. Since it must be assigned a tag within the Financial Services sector and does not fit any specific banking, insurance, or capital markets activity, Specialty Finance is the closest available category for a non-operating financial vehicle.
INTJ
2nd
Intelligent
$4.32Mn
2.81
-4.42%
-76.11%
Through its acquisition of LQ Capital Limited, the company operates a licensed money lending segment that provides credit services to diversify its revenue streams.
SRCO
Sparta Commercial Services
$4.29Mn
0.08
+0.00%
+14.29%
The company provides specialized non-bank financing, specifically municipal and non-profit equipment leasing for public safety gear like police motorcycles and fire trucks, earning interest income on these leases.
CMCT
2nd
Creative Media & Community Trust
$2.59Mn
3.28
-8.89%
-99.54%
Prior to its divestiture in January 2026, the company operated a lending platform that originated and held loans for small businesses under the SBA 7(a) program, contributing 7.7% of 2025 revenue.
SHFS
SHF Holdings
$1.98Mn
0.16
+0.00%
-95.47%
SHF Holdings provides non-bank commercial lending and loan origination services specifically for the cannabis and hemp industries. It earns a share of loan program income from loans originated through its partner credit union, fitting the profile of a specialty finance provider in a niche market.
DEVSF
DevvStream
$1.55Mn
0.16
+0.00%
-92.89%
DevvStream operates as a specialty finance company that invests in, develops, and monetizes environmental assets. It utilizes a 'capex light' model and streaming agreements to provide upfront payments in exchange for future rights to carbon credits and I RECs, which is a form of non-bank commercial financing.
PTLE
2nd
Ptl
$1.17Mn
7.39
-4.77%
-41.20%
Through its acquisition of Twocap Limited and subsidiary Sisworld Credit One Limited, the company provides trade finance, accounts receivable financing, and factoring to its clients. These are non-bank commercial financing services provided in a specialized niche.
PWCM
2nd
Powercompute
$1.10Mn
1.18
-5.60%
-95.71%
The company has a specialty finance business that provides funding to nonprofit community associations in Florida by purchasing their rights to delinquent assessment proceeds and earning interest and fees.
QPRC
Quest Patent Research
$1.07Mn
0.20
+0.00%
+100.00%
Quest Patent Research operates as a non-bank specialty finance entity that acquires intellectual property assets (patents) to monetize them through licensing and enforcement. Its revenue is derived from licensing fees and settlement agreements from technology manufacturers like Samsung and Seagate, funded via wholesale arrangements with affiliated entities rather than deposits.
CONC
Conectisys
$888.58K
1.00
+0.00%
+0.00%
The company is a shell entity that exists solely to pursue a merger or acquisition with an operating business. While it currently has no revenue, its only stated activity is the identification and acquisition of business opportunities, which falls under the broader umbrella of specialty finance/non-bank commercial activity in the absence of a specific 'shell company' or 'SPAC' tag.
MNTR
2nd
Mentor Capital
$827.68K
0.03
-25.00%
-50.00%
The company generates additional revenue from annuity-like financing and interest income from promissory notes, which constitutes non-bank commercial lending in a specialized niche.
FTFT
Future FinTech
$622.69K
1.63
-1.21%
-80.60%
The company's Supply Chain Financing and Trading segment provides working capital to industrial customers by financing receivables and payables, earning revenue from interest and service fees. This constitutes a non-bank commercial lending activity in a specialized niche (supply chain/industrial), which fits the Specialty Finance description.
TAAG
2nd
Awareness
$584.09K
0.01
+0.00%
-66.67%
Through TAG Capital, the company manages an internal fund and originates proprietary prepaid Power Purchase Agreements and Investment Tax Credit monetization, which are specialized non-bank financing activities.
CREG
2nd
Smart Powerr
$413.26K
0.18
+0.00%
-98.66%
The company earns income from financial leasing activities, including the purchase, disposal, and repair of financial leasing assets, and provides consulting and assurance services for financial leasing transactions.
TANH
2nd
Tantech Holdings
$185.09K
21.87
+5,655.26%
+946.41%
The company has a Commercial Factoring segment that provides non-bank financing by purchasing receivables from customers and earning interest income on the advanced funds.
LRHC
2nd
La Rosa Holdings
$111.22K
0.48
+4.35%
-99.92%
The Agent Advance segment provides a short-term financing program that advances commissions to agents against future earnings, acting as a non-bank specialty lender.
BHATF
Blue Hat Interactive Entertainment Technology
$0.00
0.00
—
-100.00%
The company provides supply chain financing to gold refineries, wholesalers, and retailers, which is a form of non-bank commercial financing in a specialized niche. This activity, along with its derivatives trading and precious metals dealing, fits the profile of specialty finance.
WNLV
2nd
Winvest
$0.00
0.00
—
-100.00%
Through The Catalyst Group Entertainment, the company provides specialized non-bank financing for film and television projects, including pre-sale distribution financing, tax incentive financing, and gap mezzanine contributions.