Oakmont Capital Services promoted Tracey Elfering, CLFP, to documentation and titling manager and Jen Foulds, CLFP, to funding manager.

Elfering is a 21-year equipment financing industry veteran. Her new responsibilities include overseeing both the documentation and title departments for OCS. Regarding documentation, she will ensure documents are being generated promptly and accurately. She’ll also keep current with e-doc procedures, update OCS contracts and communicate with lenders on changes in documentation requirements. In addition, she will work with OCS’ documentation and insurance teams.

For titling, Elfering will oversee the execution of title packages, making sure that customers and lenders receive titles promptly. Elfering will be responsible for all title follow-ups and any corrections necessary while staying current in her knowledge of all state title requirements. She also will keep OCS’ ELTs up to date.

“I’m very excited to take on this new challenge,” Elfering said. “I enjoy working with everyone on the Oakmont team plus our partners and striving for customer excellence each day. In this new role, I believe I can make a positive impact both internally and externally within the industry.”

Foulds has worked with OCS for 10 years. Following her promotion, her expanded responsibilities include overseeing the funding process, checking in docs, communicating with the sales team on funding statuses, creating funding packages, requesting wires and sending out notifications on prefunded and funded transactions. She will also be working with the document titling and insurance teams to ensure the funding process is smooth and complete.

“Having been a part of Oakmont for over 10 years, I have been witness to the company’s evolution and, I am proud to say, my own within it,” Foulds said. “I have been provided with the tools to learn and grow as the industry changes and am excited to take on the increased responsibility as our funding manager.”

“I’ve had the pleasure of working with Jen and Tracey for many years and they’ve always been focused on improving our process, serving customers and partners plus taking on various leadership duties in their individual roles,” Megan Zoba, vice president of funding and docs for Oakmont Capital Services, said. “I’m excited for them to dive into their new positions and I look forward to seeing their contributions as Oakmont grows.”