Channel announced the successful closing of its eighth asset backed securitization and third equipment finance–backed issuance. The $205 million transaction is backed by a diversified pool of equipment finance loans and leases across a broad range of industries.

The issuance includes six classes of asset-backed notes, each rated by both Kroll Bond Rating Agency and Morningstar DBRS: K1+ (sf)/R-1H (sf), AAA (sf)/AAA (sf), AA (sf)/AA (sf), A (sf)/A (sf), BBB (sf)/BBB (sf), and BB (sf)/BB (sf).

The transaction drew approximately $740 million in orders from 23 investors, eleven of whom were new to the program, reflecting strong and broad-based demand for the CPEF 2026-1 notes. At nearly four-times oversubscribed, the result speaks to continued investor confidence in Channel’s platform, servicing capabilities, and underlying asset performance. The addition of new investors further broadens Channel’s ABS investor base and supports consistent access to the capital markets.

“We were very pleased by the strong demand from a broad group of investor partners, both existing and new,” said Robert Moskovitz, Chief Financial Officer. “Their participation reflects the depth of support for our program and our ability to execute consistently across market cycles.”

Channel intends to be an annual issuer in the equipment finance securitization market while maintaining its annual issuance cadence alongside its established working capital securitization program.

Adam Peterson, Chief Executive Officer, said, “When I look at the infrastructure built over the years, coupled with back-to-back record-breaking quarters and now this kind of investor response, it only reinforces this team’s dedication, focus, and exceptional capabilities. The oversubscription is humbling, but what excites me most is what it reflects: a team that stays disciplined, keeps improving, and commits to doing the right thing at every turn. We’re grateful for the continued investor support and fired up for what is ahead.”

Wells Fargo Securities served as sole structuring agent and joint book-running manager for the transaction.

Channel celebrates another significant milestone and remains committed to its mission of delivering innovative funding solutions that help small businesses grow.