Equipment Finance Platform Trad.Fi to Bring $650M in Private Credit Onchain

Trad.Fi, a US-based equipment finance platform, plans to mint up to $650 million in private credit onchain over the next 48 months. The push targets a trillion-dollar US market that funds manufacturing equipment, industrial systems and residential solar. The company says the $650 million represents a credit pipeline rather than deployed capital, backed by committed senior credit facilities and signed letters of intent from anchor borrowers; about $85 million in term sheets are signed and roughly $40 million are expected to close imminently.

The initiative aims to shorten digital credit approval to a single business day, compared with the weeks or months required for traditional lines of credit. Alexander Szul, CEO of Trad.Fi, said: “Small businesses lose deals waiting for financing, and the only way to fix that is to move the capital, the records and the workflow onto programmable rails.” An onchain investment pool will give investors exposure to the equipment-finance loans originated through the platform.

United States

trad.fi, equipment finance, private credit, onchain, 650 million, credit pipeline, senior credit, term sheets, anchor borrowers, investment pool