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April 22, 2010

Webster renames equipment-lending unit

Waterbury-based Webster Bank said it renamed its equipment-finance unit Webster Capital Finance Inc. to better identify the unit with its business portfolio.

Center Capital Corp., based at 3 Farm Glen Blvd. in Farmington, started in 1987 and has been part of Webster since March 2001.

It has $822 million in assets and provides equipment financing for manufacturing, environmental, construction and transportation companies.

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