CAT
2nd
Caterpillar
$333.50Bn
725.47
-0.04%
+36.58%
Through Cat Financial, the company provides specialty financing, including loans and leases to customers and dealers for equipment purchases.
TM
2nd
Toyota Motor
$256.21Bn
196.57
+1.33%
-1.77%
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.
MUFG
2nd
Mitsubishi Ufj Financial
$254.80Bn
21.47
-0.88%
+39.14%
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
$228.02Bn
242.02
+2.39%
-14.68%
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
$170.55Bn
632.54
+0.84%
+36.78%
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
$145.58Bn
25.50
+0.99%
+26.74%
Through its operations in Turkey (Garanti BBVA), the company provides specialized non-bank financing services including leasing and factoring.
SMFG
2nd
Sumitomo Mitsui Financial
$92.66Bn
24.21
-0.82%
+48.89%
The company has a material leasing business integrated into its Wholesale and Global Business Units, providing financing and leasing services to corporate clients.
CIB
2nd
Grupo Cibest
$92.35Bn
96.01
+0.38%
+72.49%
The company has a dedicated 'Leases' segment that specializes in financial and operating leases for fixed assets through subsidiaries like Renting Colombia and Leasing Banistmo.
HPE
2nd
Hewlett Packard Enterprise
$74.53Bn
56.12
+0.50%
+145.39%
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
$66.44Bn
259.22
+2.45%
-7.18%
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.
GM
2nd
General Motors
$65.46Bn
77.10
-6.79%
+32.93%
Through GM Financial, the company provides commercial lending to dealers, including floorplan financing for vehicle inventory and loans for dealership facility improvements.
PCAR
2nd
Paccar
$57.94Bn
110.07
+1.52%
+12.92%
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
$53.32Bn
56.35
+1.53%
-7.07%
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
$53.01Bn
301.85
+2.04%
-3.19%
The company provides bridge lending financing to third-party self-storage owners, with a reported bridge loan receivable balance of $142.1 million.
HMC
2nd
Honda Motor
$51.78Bn
34.27
+0.65%
+9.56%
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.
MSTR
2nd
Strategy
$50.23Bn
142.72
+4.93%
-51.88%
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.
F
2nd
Ford Motor
$47.59Bn
12.15
-0.25%
+1.33%
Ford Credit provides automotive financing and leasing products to dealers and consumers, generating revenue from retail installment sale contracts, finance leases, and dealer financing programs.
FITB
2nd
Fifth Third Bancorp
$47.51Bn
52.41
+3.68%
+25.38%
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
$41.12Bn
36.58
+0.16%
+46.32%
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.
BAP
2nd
Credicorp
$36.87Bn
390.66
+1.74%
+54.06%
The company operates Mibanco, which provides specialized microfinance and SME financing to microentrepreneurs in Peru and Colombia.
RPRX
Royalty Pharma
$35.79Bn
62.25
+3.29%
+69.94%
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.
MTB
2nd
M&T Bank
$31.53Bn
218.33
+2.14%
+19.92%
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
$31.40Bn
15.54
+2.04%
-1.89%
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
$26.41Bn
172.07
+1.28%
+11.08%
The company owns CFC Investment Company, which provides commercial leasing and financing services.
AER
2nd
AerCap Holdings
$24.11Bn
144.46
-0.28%
+19.40%
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.
SYF
2nd
Synchrony Financial
$23.85Bn
73.39
-1.06%
+1.56%
The company provides commercial credit products, including commercial pay-in-full accounts receivable products, to commercial customers and retail partners.
RF
2nd
Regions Financial
$23.73Bn
27.85
+2.31%
+15.75%
The company provides specialty financing capabilities, specifically equipment financing, as part of its Corporate Bank offerings.
KEY
2nd
Keycorp
$22.20Bn
20.80
+4.52%
+19.68%
The company provides commercial leasing and equipment financing to large corporate and institutional clients through its Institutional operating segment.
FCNCA
2nd
First Citizens Bancshares
$22.02Bn
2,120.39
+1.12%
+21.44%
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.
TEFOF
2nd
Telefonica S A
$20.98Bn
3.70
+0.00%
-30.97%
The company provides specialized non-bank financing through agricultural credit fintech solutions such as Agrolend in the Brazil segment.
RGLD
Royal Gold
$20.22Bn
238.78
+1.22%
+23.01%
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
$19.80Bn
248.21
-0.12%
+60.14%
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.
SNA
2nd
Snap-on
$18.96Bn
366.54
+0.44%
+7.53%
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.
LEN
2nd
Lennar
$16.36Bn
78.69
+3.73%
-37.47%
The company originates commercial real estate loans secured by income-producing properties through its LMF Commercial subsidiary.
FTAI
2nd
FTAI Aviation
$16.21Bn
157.95
-3.30%
-10.72%
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.
CBSH
2nd
Commerce Bancshares
$16.03Bn
55.58
+0.85%
+8.03%
The Commercial segment specifically provides leasing services, which generates leasing income for the company.
ZTO
2nd
ZTO Express (Cayman)
$16.01Bn
20.24
+0.90%
+5.97%
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
$15.42Bn
23.00
+1.41%
+4.55%
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
$14.40Bn
95.36
+1.53%
+8.19%
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.
CNH
2nd
CNH Industrial
$14.27Bn
11.53
+2.67%
+9.71%
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.
AIZ
2nd
Assurant
$14.01Bn
283.64
+1.04%
+35.62%
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
$13.26Bn
77.14
+1.25%
-6.38%
The Finance segment, through Textron Financial Corporation, provides specialized non-bank financing and credit to purchasers of Textron's manufactured aircraft and helicopters.
STLA
2nd
Stellantis
$12.55Bn
4.33
+0.70%
-59.49%
Stellantis operates captive finance companies that provide retail and dealer financing, leasing, and rental services to its customers and dealer network.
ALLY
2nd
Ally Financial
$11.57Bn
37.99
+1.20%
-6.20%
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
$10.34Bn
45.03
+3.28%
-16.67%
The company provides corporate lending through Jefferies Finance and commercial real estate finance through Berkadia, which are non-bank commercial lending activities.
BPOP
2nd
Popular
$10.27Bn
160.85
+1.53%
+35.76%
The company provides specialized non-bank financing through equipment leasing and lease financing for businesses and developers within its Commercial Banking segment.
SSB
2nd
SouthState Bank
$9.96Bn
102.69
+1.39%
+8.66%
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
$9.87Bn
146.28
+2.70%
+15.59%
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
$9.70Bn
156.07
+1.87%
+24.76%
The Banking segment provides specialized non-bank financing including equipment financing, inventory and accounts receivable financing, and commercial leases.
FCFS
2nd
FirstCash Holdings
$9.32Bn
214.78
-0.07%
+35.59%
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.
IDA
2nd
Idacorp
$7.98Bn
138.02
+1.53%
+0.23%
Through its subsidiary IDACORP Financial Services (IFS), the company invests in specialized real estate tax credit projects and affordable housing developments to generate tax credits and depreciation benefits.
AGCO
2nd
Agco
$7.33Bn
104.68
+2.50%
-3.02%
The company operates finance joint ventures that provide retail financing to farmers and wholesale/floor plan financing to its dealer network.
VLY
2nd
Valley National Bancorp
$7.12Bn
12.89
+2.55%
+26.13%
The company provides equipment leasing to healthcare and industrial markets through its leasing subsidiary, Highland Capital Corp.
FAF
2nd
First American Financial
$6.75Bn
66.19
+2.11%
+8.33%
The company provides warehouse lending and mortgage subservicing, which are non-bank financing and servicing activities for the real estate industry.
LAD
2nd
Lithia Motors
$6.59Bn
299.55
+2.25%
-3.13%
The company provides fleet management contracts, including leased vehicles and related services, to commercial clients ranging from small businesses to large enterprises.
OR
OR Royalties
$6.51Bn
34.78
+0.03%
-7.38%
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.
TEX
2nd
Terex
$6.02Bn
52.64
+3.72%
-4.48%
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.
HOMB
2nd
Home Bancshares
$5.89Bn
29.40
+0.96%
+7.50%
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.
GATX
2nd
Gatx
$5.71Bn
161.68
-1.25%
-6.53%
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.
ASB
2nd
Associated Banc
$5.49Bn
29.09
+1.61%
+14.89%
The Corporate and Commercial Specialty segment provides specialized non-bank-style financing including asset-based lending and equipment financing.
AUB
2nd
Atlantic Union Bankshares
$5.42Bn
38.20
+1.19%
+11.31%
The company has an equipment finance subsidiary that provides nationwide financing for specialized industries such as marine, construction, manufacturing, and medical equipment.
RUSHA
2nd
Rush Enterprises Inc \Tx\
$5.36Bn
45.86
+1.78%
+34.72%
Rush provides financing and leasing products to its commercial vehicle customers, acting as a specialty finance provider for commercial fleet equipment.
RITM
2nd
Rithm Capital
$4.83Bn
8.65
+2.49%
-20.71%
The Residential Transitional Lending segment, operating through Genesis, provides short-term business-purpose mortgage loans, including construction and bridge loans, to real estate developers.
OPLN
2nd
Openlane
$4.64Bn
37.71
+1.95%
+42.46%
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.
HASI
2nd
HA Sustainable Infrastructure Capital
$4.57Bn
35.69
+0.08%
+21.85%
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.
STWD
2nd
Starwood Property Trust
$4.52Bn
12.19
+1.75%
-34.74%
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.
ENVA
2nd
Enova International
$4.47Bn
179.49
+1.97%
+63.96%
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.
BC
2nd
Brunswick
$4.26Bn
65.73
+3.01%
+3.77%
Brunswick provides financing services, specifically dealer floor plan financing and consumer loans, which are non-bank financing solutions for its dealer network and customers.
UCB
2nd
United Community Banks
$4.25Bn
35.49
+5.00%
+16.40%
The company provides specialized non-bank financing through its national equipment finance platform, which is distinct from its regional deposit-taking activities.
SKY
2nd
Champion Homes
$4.22Bn
76.35
+1.77%
+0.50%
The company provides dealer floor plan financing through Champion Financing, which is a form of specialized non-bank commercial financing for its retail partners.
RNST
2nd
Renasant
$3.69Bn
40.37
+1.69%
+15.77%
Through Republic Business Credit, the company provides specialized non-bank financing including factoring and asset-based lending on a nationwide basis.
SKYW
2nd
Skywest
$3.59Bn
92.35
+2.10%
-8.81%
The company operates a SkyWest Leasing segment that finances new E175 aircraft and generates revenue from leasing aircraft and engines to third parties.
FFBC
2nd
First Financial Bancorp
$3.34Bn
31.84
+1.82%
+31.03%
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.
ABG
2nd
Asbury Automotive
$3.09Bn
172.23
+1.28%
-29.95%
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.
BKU
2nd
BankUnited
$3.06Bn
42.33
+2.52%
+14.65%
Through its Bridge subsidiary, the company provides specialized non-bank financing including equipment loans, finance leases, and operating lease structures.
MARA
2nd
MARA Holdings
$2.86Bn
7.48
+1.36%
-63.92%
The company generates material interest income, specifically $32.1 million in 2025, by monetizing its bitcoin holdings through lending, structured trading, and collateralized financing.
HOG
2nd
Harley-Davidson
$2.83Bn
27.20
+1.76%
+1.95%
The company provides wholesale floorplan inventory financing to its network of independent dealers through its financial services unit.
BANC
2nd
Banc Of California
$2.74Bn
17.35
+2.12%
+4.02%
The company operates a Specialty Banking segment providing non-traditional financing in niches such as equipment finance, asset-based lending, and intellectual property-backed loans.
SII
2nd
Sprott
$2.73Bn
105.86
-1.44%
+23.48%
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.
TRTN-PA
2nd
Triton International
$2.57Bn
25.40
+0.16%
-2.08%
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.
CUBI
2nd
Customers Bancorp
$2.57Bn
75.99
+1.95%
+17.81%
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
$2.55Bn
61.57
+2.36%
+25.73%
Through its subsidiary Magnolia Financial, the company provides specialized non-bank financing including accounts receivable factoring, inventory financing, and purchase order financing.
PLUS
2nd
Eplus
$2.46Bn
94.08
+2.67%
+28.97%
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
17.38
+3.08%
+52.59%
The company operates Pitney Bowes Bank, which provides credit and financing options specifically to enable customers to acquire mailing and shipping equipment.
BBT
2nd
Beacon Financial
$2.34Bn
27.90
+2.01%
+16.15%
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.
LTC
2nd
Ltc Properties
$2.31Bn
42.86
+1.25%
+20.63%
LTC Properties provides structured finance solutions, including preferred equity, bridge, and mezzanine lending, which are non-bank commercial lending activities in a specialized niche.
MBIN
2nd
Merchants Bancorp
$2.22Bn
48.42
+1.70%
+53.86%
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.
EFSC
2nd
Enterprise Financial Services
$2.20Bn
60.55
+1.94%
+10.15%
The company operates a Specialty Lending Niches segment providing non-bank style financing such as life insurance premium finance, sponsor finance for private equity-backed companies, and tax credit related lending.
ECPG
Encore Capital
$2.19Bn
103.16
+2.52%
+145.21%
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.
AGM
2nd
Federal Agricultural Mortgage
$2.18Bn
201.11
+0.76%
+26.24%
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.
SRCE
2nd
1St Source
$2.08Bn
86.38
+1.35%
+45.99%
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.
TBBK
2nd
Bancorp
$2.08Bn
50.61
+2.49%
-31.33%
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.
BLX
2nd
Bladex
$2.07Bn
55.68
+1.70%
+23.08%
The bank provides specialized non-bank financing services including factoring, vendor financing, and financial leasing within its Commercial Business Segment.
TRN
2nd
Trinity Industries
$1.98Bn
24.82
-0.20%
-12.42%
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.
SMA
2nd
SmartStop Self Storage REIT
$1.92Bn
34.61
+3.07%
-6.36%
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
$1.70Bn
37.62
+1.43%
+40.06%
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.
CMRE
2nd
Costamare
$1.66Bn
13.78
+0.15%
+20.56%
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.
QCRH
2nd
Qcr Holdings
$1.63Bn
99.39
+1.96%
+42.09%
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.
CASH
2nd
Pathward Financial
$1.54Bn
73.93
+2.34%
+2.71%
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
$1.51Bn
16.11
+1.64%
+9.37%
The company engages in specialty finance activities, specifically providing equipment financings and asset-based lending secured by mission-critical assets for growth-oriented companies.
TFIN
2nd
Triumph Financial
$1.49Bn
62.27
+1.40%
+7.03%
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.
EFC
2nd
Ellington Financial
$1.46Bn
11.48
+1.15%
-16.08%
The company invests in and earns income from consumer loans, asset-backed securities, and corporate CLOs, which fall under specialty finance activities outside of traditional mortgage lending.
IIPR
2nd
Innovative Industrial Properties
$1.45Bn
52.72
+2.19%
-3.51%
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.
TMP
2nd
Tompkins Financial
$1.43Bn
99.36
+1.98%
+52.98%
The banking segment specifically originates and services lease products as part of its lending activities, which falls under specialty finance.
CSWC
2nd
Capital Southwest
$1.43Bn
22.39
-0.58%
+9.81%
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.
ATLC
Atlanticus Holdings
$1.37Bn
90.62
+0.06%
+64.85%
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.
PEBO
2nd
Peoples Bancorp
$1.35Bn
37.56
+2.99%
+30.87%
The company operates nationwide specialty lending operations, specifically providing equipment leasing and financing arrangements as a distinct business line.
JCAP
Jefferson Capital
$1.19Bn
20.75
+2.17%
+14.64%
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.
GBX
2nd
Greenbrier Companies
$1.16Bn
37.60
-2.51%
-18.03%
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
$1.11Bn
38.18
+0.08%
+33.68%
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
$1.09Bn
12.93
+1.17%
-23.58%
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.
ESQ
2nd
Esquire Financial Holdings
$1.03Bn
119.21
+2.12%
+16.30%
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.
OCSL
2nd
Oaktree Specialty Lending
$996.25Mn
11.31
-0.70%
-14.58%
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.
NBBK
2nd
NB Bancorp
$978.03Mn
22.32
+3.86%
+25.04%
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.
UPBD
Upbound
$951.45Mn
16.32
+2.13%
-27.05%
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
$871.12Mn
2.06
+0.00%
-53.39%
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.
EGBN
2nd
Eagle Bancorp
$870.81Mn
28.56
+2.51%
+46.31%
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.
SMBK
2nd
Smartfinancial
$858.51Mn
50.21
-0.42%
+43.01%
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.
ABX
2nd
Abacus Global Management
$819.50Mn
8.38
+6.62%
+51.81%
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.
VMET
Versamet Royalties
$788.40Mn
8.44
-0.47%
—
Versamet operates as a non-bank commercial lender in a specialized niche, providing upfront capital to mining companies in exchange for future metal production or revenue streams. Its revenue is derived from interest-like returns via royalty payments and streaming agreements, funded by wholesale borrowing and equity rather than retail deposits.
HTB
2nd
HomeTrust Bancshares
$787.88Mn
47.10
+1.03%
+16.93%
The company provides specialized non-bank financing through equipment finance leases and municipal leases, which are distinct from its traditional deposit-funded loan products.
WLFC
2nd
Willis Lease Finance
$781.49Mn
36.96
-0.30%
-14.66%
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.
PGC
2nd
Peapack Gladstone Financial
$778.26Mn
43.90
+2.52%
+60.98%
The Commercial Private Banking segment provides specialized non-bank financing in the form of equipment financing for business owners and professionals.
CTO
2nd
CTO Realty Growth
$759.76Mn
20.27
+1.40%
+27.48%
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.
PRAA
Pra
$746.18Mn
19.82
+1.02%
+44.15%
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.
LU
Lufax Holding
$745.35Mn
0.86
-1.15%
-73.46%
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.
MTA
Metalla Royalty & Streaming
$723.69Mn
7.79
-1.14%
+7.30%
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.
CGBD
2nd
Carlyle Secured Lending
$700.60Mn
10.13
-1.17%
-18.44%
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.
PFIS
2nd
Peoples Financial Services
$692.32Mn
69.16
+2.22%
+46.59%
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.
BUR
Burford Capital
$676.32Mn
3.08
+0.00%
-71.24%
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.
ACGP
2nd
Associated Capital
$664.35Mn
31.45
-0.88%
-14.98%
The company operates a Direct Investments segment that acquires and controls businesses through leveraged buyouts, growth capital, and restructurings using its own proprietary capital. This represents a non-bank commercial lending and investment activity conducted on its own balance sheet.
CBNK
2nd
Capital Bancorp
$659.55Mn
40.49
+2.79%
+36.15%
The Windsor Advantage division provides specialized non-bank financing services, specifically the processing, packaging, and servicing of SBA and USDA loans for other financial institution clients.
GROY
Gold Royalty
$655.63Mn
2.92
+0.69%
-20.44%
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.
LEGH
2nd
Legacy Housing
$645.67Mn
27.15
+2.11%
+14.61%
Legacy Housing provides specialized non-bank financing, including inventory financing to independent retailers and manufactured housing community financing to community owners.
SLRC
2nd
SLR Investment
$606.65Mn
11.12
-0.27%
-22.13%
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.
FBIZ
2nd
First Business Financial Services
$594.15Mn
71.00
+1.72%
+42.48%
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.
VEL
2nd
Velocity Financial
$580.37Mn
14.77
+2.00%
-18.08%
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.
CSV
2nd
Carriage Services
$577.80Mn
36.38
+3.68%
-19.14%
The company earns fees from managing trust assets associated with pre-need sales, which constitutes a specialized financial service managing funds for future performance.
CIVB
2nd
Civista Bancshares
$559.57Mn
26.91
+0.82%
+28.63%
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.
NPB
2nd
Northpointe Bancshares
$545.36Mn
15.77
+2.94%
-6.47%
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
$527.65Mn
23.72
+1.80%
+13.17%
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.
MSIF
2nd
Msc Income Fund
$521.47Mn
11.50
+0.26%
-12.41%
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.
AHRT
2nd
AH Realty Trust
$443.84Mn
5.95
+1.54%
-11.85%
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.
OPRT
2nd
Oportun Financial
$420.44Mn
9.15
+3.39%
+68.51%
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.
DIN
2nd
Dine Brands Global
$407.38Mn
32.15
-0.53%
+16.06%
The company has a dedicated financing operations segment that earns interest on notes receivable from franchisees and interest on equipment leases.
FRST
2nd
Primis Financial
$388.60Mn
15.67
+1.75%
+59.57%
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.
OPFI
OppFi
$380.77Mn
5.64
+1.44%
-42.45%
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.
ALUB
Alussa Energy Acquisition
$364.41Mn
10.14
+0.10%
—
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.
AVBH
2nd
Avidbank Holdings
$341.12Mn
31.06
+0.91%
+22.57%
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.
ORBS
Eightco Holdings
$339.52Mn
0.79
+6.76%
-90.97%
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
$337.10Mn
1.28
+2.40%
-45.76%
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.
FSBW
2nd
FS Bancorp
$332.96Mn
44.85
+0.92%
+15.62%
The bank operates in specialty finance niches, specifically providing indirect home improvement and marine finance for recreational vessel owners.
COSO
2nd
CoastalSouth Bancshares
$323.85Mn
27.09
+2.27%
+26.00%
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.
SWKHL
SWK Holdings
$303.97Mn
25.13
-0.04%
-1.37%
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.
COSG
2nd
Cosmos Group Holdings
$275.16Mn
0.06
+0.00%
-97.00%
The company provides financing and hire purchase services to art and collectibles buyers, which constitutes non-bank financing in a specialized niche.
HRZN
2nd
Horizon Technology Finance
$274.61Mn
4.10
-0.24%
-30.39%
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.
FNRN
2nd
First Northern Community Bancorp
$267.74Mn
16.33
-0.24%
+32.12%
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
$264.27Mn
6.26
+0.32%
-36.64%
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.
MFIN
2nd
Medallion Financial
$261.09Mn
11.20
-0.18%
+10.24%
Medallion Capital provides specialty commercial financing in the form of mezzanine loans to businesses in manufacturing, construction, and wholesale trade.
HQI
2nd
HireQuest
$237.83Mn
17.11
-1.27%
+103.21%
The company earns income from financing franchisee working capital needs through the purchase of accounts receivable, which constitutes a specialty finance activity.
INBK
2nd
First Internet Bancorp
$226.99Mn
25.99
+1.64%
+21.56%
The company has a dedicated Specialty Finance team that manages niche portfolios including healthcare, franchise finance, and equipment finance.
SAR
2nd
Saratoga Investment
$226.64Mn
14.24
-4.24%
-35.07%
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.
MRBK
2nd
Meridian
$220.35Mn
18.48
+0.16%
+28.69%
The Commercial Banking segment provides equipment leasing as a specific financing product for its business customers.
LIEN
2nd
Chicago Atlantic BDC
$207.67Mn
9.10
+0.55%
-9.90%
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.
TROO
Troops
$199.12Mn
1.63
-2.40%
+17.27%
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.
RC
2nd
Ready Capital
$194.95Mn
1.18
+0.00%
-63.47%
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.
CPSS
2nd
Consumer Portfolio Services
$193.74Mn
8.97
-0.66%
+14.85%
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.
REFI
2nd
Chicago Atlantic Real Estate Finance
$193.53Mn
9.08
+3.53%
-31.16%
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.
ACRE
2nd
Ares Commercial Real Estate
$182.53Mn
3.29
-0.90%
-28.79%
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.
STRW
2nd
Strawberry Fields REIT
$176.29Mn
12.53
-1.26%
+6.73%
The company occasionally extends loans to healthcare operators, which constitutes a non-bank commercial lending activity in a specialized niche.
TPVG
2nd
TriplePoint Venture Growth BDC
$175.05Mn
4.30
-1.83%
-23.49%
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
$171.45Mn
4.15
+2.22%
+81.22%
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.
MNSB
2nd
MainStreet Bancshares
$169.96Mn
23.88
+1.32%
+31.64%
The company operates MainStreet Community Capital LLC, which provides specialized financing and investments in low-income communities and distressed areas to spur economic development.
ICR-PA
InPoint Commercial Real Estate Income
$165.69Mn
19.35
+3.20%
-1.53%
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.
TOP
2nd
TOP Financial
$129.88Mn
14.91
+1.64%
+144.43%
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.
PNBK
2nd
Patriot National Bancorp
$103.54Mn
0.88
+10.00%
-34.33%
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.
SUIG
SUI Group Holdings
$99.84Mn
1.30
+3.17%
-59.75%
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.
GFLT
2nd
GenFlat Holdings
$91.08Mn
6.95
+16.81%
-33.37%
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.
EMPD
2nd
Empery Digital
$80.68Mn
2.87
+5.13%
-59.06%
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.
IMAQ
International Media Acquisition
$69.05Mn
10.10
+0.00%
-0.20%
The company is a blank check company with no operating business, generating its only revenue from interest earned on funds held in trust invested in U.S. government securities and money market funds. This activity of holding and earning interest on a balance sheet of specialty financial assets, without a banking charter, aligns closest with Specialty Finance.
SRL
2nd
Scully Royalty
$68.92Mn
4.65
-4.52%
-19.41%
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.
AFCG
2nd
Advanced Flower Capital
$68.30Mn
3.01
-0.66%
-12.50%
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.
GECC
2nd
Great Elm Capital
$68.06Mn
4.90
-1.21%
-35.95%
The company owns specialty finance subsidiaries that provide specific non-bank financing products, including factoring, asset-based lending, and equipment financing.
JFIN
2nd
Jiayin
$65.80Mn
1.26
-5.97%
-87.12%
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.
MGTE
Marblegate Capital
$65.78Mn
0.89
-1.11%
-46.39%
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.
HGBL
2nd
Heritage Global
$43.99Mn
1.27
-0.78%
-15.89%
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.
QNTO
2nd
Quaint Oak Bancorp
$38.44Mn
14.50
+0.00%
+46.32%
The company provides specialized non-bank financing through subsidiaries focused on commercial real estate financing and equipment lending.
STRR
2nd
Star Equity Holdings
$36.73Mn
9.93
+1.02%
-9.73%
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.
RMCO
Royalty Management Holding
$33.90Mn
2.27
-1.73%
-43.67%
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.
HSTC
HST Global
$29.94Mn
0.70
+438.46%
—
The company operates as a holding company for intellectual property assets, specifically trademarks, trade names, and domain URLs. While it currently has no revenue, its only described activity is the acquisition and management of these specialized financial/legal assets, which most closely aligns with Specialty Finance among the available options in the Financial Services sector.
TRLC
2nd
TriLinc Global Impact Fund
$29.62Mn
0.62
+0.00%
-38.00%
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.
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.
BMNM
Bimini Capital Management
$27.15Mn
2.70
-5.26%
+100.00%
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.
SNFI
Stark Novus Financial
$24.60Mn
1.51
-11.18%
-24.50%
The company operates as a non-bank commercial lender, providing secured financing to affiliated entities like Foxpoint Florida, LLC and 4445 W. Vine, LLC. It generates revenue from high-interest income (e.g., 15% per annum) on loans secured by billboard leasehold assets, which fits the description of specialty finance.
SMXT
2nd
SolarMax Technology
$22.15Mn
4.67
+2.64%
-62.22%
Through SolarMax Financial, Inc., the company provides secured installment financing to purchasers of photovoltaic systems and earns interest income from its legacy loan portfolio.
TXMD
2nd
TherapeuticsMD
$21.76Mn
1.88
+1.62%
+63.48%
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.
KARX
Karbon-X
$18.87Mn
0.19
+0.00%
-80.00%
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.
STQN
Strategic Acquisitions
$17.74Mn
0.38
+0.00%
+660.00%
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
$16.80Mn
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.
CTRM
2nd
Castor Maritime
$15.46Mn
1.60
+0.63%
-24.17%
The company earns revenue from structuring and placement fees for investment solutions and capital-raising fees tied to vessel transactions and financing activities.
HMELF
Hold Me
$14.83Mn
6.50
+0.00%
+0.00%
The company holds a non-banking credit license and generates revenue by extending credit, specifically through revolving credit facilities provided to an Israeli company and an Israeli resident.
BENF
Beneficient
$14.50Mn
0.98
+5.38%
-76.83%
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.
ABCP
AmBase
$13.59Mn
0.16
-23.81%
-44.83%
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.
CNF
2nd
CNFinance Holdings
$13.51Mn
1.97
+3.14%
-59.63%
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.
VAI
Senmiao Technology
$12.92Mn
2.53
-5.24%
+29.08%
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
$9.23Mn
3.15
+0.00%
+75.00%
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
$9.04Mn
0.21
+0.00%
+61.54%
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.
APHP
2nd
American Picture House
$6.83Mn
0.06
+0.00%
-66.67%
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.
DSS
2nd
Dss
$5.62Mn
0.56
-3.45%
-59.71%
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.
CMCT
2nd
Creative Media & Community Trust
$4.51Mn
5.72
+9.16%
-99.15%
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.
INTJ
2nd
Intelligent
$4.41Mn
2.87
-10.03%
-71.30%
Through its acquisition of LQ Capital Limited, the company operates a licensed money lending segment that provides credit services to diversify its revenue streams.
SPST
Superstar Platforms
$3.65Mn
0.02
+0.00%
-80.00%
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.
SRCO
Sparta Commercial Services
$3.28Mn
0.06
-25.00%
-62.50%
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.
TCRI
TechCom
$2.60Mn
0.04
-42.86%
-77.78%
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.
ALDA
Atlantica
$2.46Mn
1.00
+0.00%
+2,400.00%
The company is a shell company with no current operations, but it is categorized under Financial Services. Since it is essentially a vehicle for acquiring other businesses and has no specific operational product, Specialty Finance is the closest fit for a non-bank financial entity seeking to deploy capital into business acquisitions.
DEVSF
DevvStream
$1.65Mn
0.17
+0.00%
-92.58%
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
$1.44Mn
9.07
+0.78%
-29.58%
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.
QPRC
Quest Patent Research
$1.12Mn
0.21
+0.00%
-34.38%
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
+0.00%
-72.73%
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
$821.33K
2.15
+5.39%
-98.48%
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%
+0.00%
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.
PWCM
2nd
Powercompute
$570.14K
0.61
-1.61%
-97.82%
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.
TANH
2nd
Tantech Holdings
$466.74K
10.13
+1.81%
-87.94%
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.
CREG
2nd
Smart Powerr
$413.26K
0.18
+0.00%
-98.56%
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.
LRHC
2nd
La Rosa Holdings
$148.29K
0.64
-15.79%
-99.89%
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.
NELR
Neolara
$95.31K
0.03
+0.00%
—
The company is currently a shell company with no active operating business, revenue, or customers. 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-bank financial entity in a maintenance stage.
SHFS
SHF Holdings
$92.70K
0.09
+0.00%
-97.50%
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.
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.
KUBR
2nd
Kuber Resources
$0.00
0.00
—
-100.00%
The company operates an international trading segment that acts as a middle buyer and seller of commodities, such as precious metals, which falls under specialty finance/trade finance activities.
MSPR
MSP Recovery
$0.00
0.00
—
-100.00%
MSP Recovery operates as a non-bank commercial lender/financer of recovery rights, purchasing or receiving assignments of claims from MAOs, MSOs, and hospitals. Its revenue is derived from the net proceeds of these recovered claims, effectively providing a form of receivables financing or specialty credit for at-risk healthcare entities.