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Navitas Credit Appoints Elwood as Senior Vice President of PFC Division

byBrianna Wilson
September 3, 2024
in EF News, People
Reading Time: 2 mins read
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Navitas Credit, an equipment finance company and a wholly owned subsidiary of United Community, appointed Ron Elwood as senior vice president of the partner funding – credit (PFC) division. In this role, Elwood will spearhead strategic growth initiatives, ensuring the highest levels of partner satisfaction and optimizing the team’s execution of sales strategies. He will oversee daily operations and the achievement of key performance outcomes, directly contributing to the division’s overall success.

“We are excited to promote Ron to senior vice president of the PFC Division,” Mike Bruman, CEO of Navitas, said. “Ron has been instrumental in shaping our partner funding strategy. With a proven track record of driving growth and fostering strong partnerships, we are confident that his continued leadership will expand the PFC division’s reach and impact. Ron will play a pivotal role in strengthening our channel partnerships, ensuring that we remain the funding partner of choice as we pursue our ambitious growth goals.”

Before joining Navitas, Elwood built his career in the equipment finance industry, with roles at Republic Leasing Company, NetBank Business Finance and LEAF Specialty Finance. He joined Navitas in February 2017 and was most recently vice president of business development, where he led pivotal initiatives that significantly boosted revenue and expanded market share. His leadership has been a driving force behind Navitas’ achievements, positioning him as a key player in the company’s continued growth and future success.

“I am proud to take on this new role and lead our incredible team at Navitas, a company that has been a tremendous and reliable partner to our broker and lessor partners,” Elwood said. “I look forward to continuing our collaborative efforts with both our sales and operations groups, as well as our dedicated partners, to build on our shared successes and provide unwavering support and exceptional value. Navitas is, and will remain, the premier funding source our partners can rely on today and always.”

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