Homebusiness financeUnited Community Banks to sell equipment finance business to Wafra for $1.9...

United Community Banks to sell equipment finance business to Wafra for $1.9 billion

The deal, which includes Navitas Credit and NLFC Reinsurance, is expected to reduce the risk profile of United’s loan portfolio and cut ​potential earnings volatility, the Greenville, South Carolina-based lender, which has $28 billion in ​assets, sai… [1607 chars]

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