Navitas Credit Corp.- Partner Funding

Navitas Credit Corp.- Partner Funding
203 Fort Wade Road Suite 300
Ponte Vedra, FL 32081
(800) 516-0761
www.navitascredit.com/partner-funding.html

Contact Information

Ron Elwood, Sales & Marketing Manager
(803) 566-8245 Ext 322
relwood@navitascredit.com

Alex Erickson, Director of Credit
(308) 646-2219 Ext 651
aerickson@navitascredit.com

Comments

As a bank-owned subsidiary of United Community Banks (UCBI), we are a nationwide lender with a focus on servicing third party originators of all sizes. We are comprised of two groups, focused on credit-based and asset-based transactions. Our credit-focused group is an A-C+ lender offering financing for everything from software and LED lighting upgrades, to office furniture and restaurant equipment. Our collateral- focused group specializes in asset-based transactions ranging from titled vehicles to yellow iron and much more. We accept Navitas or originator documents and support brokering, assigning and discounting relationships, as required by the originator. Reasonable, knowledgeable credit experts underwrite applications (no automated scoring) from $10,000 to $1.5MM+. Navitas was founded in 2008 and is managed by a team of industry professionals with a long track record of success.

General Information

Funding Information

Company Type

  • Bank Affiliate

In Business Since

  • 2008

Trade Associations

  • ELFA
  • NEFA
  • AACFB

Funding Source Type

  • Lender

Source of Funds

  • Internal

Annual Funded Volume

  • $400,000,000

Transaction Profile

Deal Size Range

  • $0-$100K
  • $100-$250K
  • $250K-$1MM

Term

  • 1-3 Years
  • 3-5 Years
  • 5-7 Years

Average Term

  • 48 Months

Products Offered

  • Conditional Sale
  • Discounting
  • Finance Lease
  • FMV
  • Loans
  • Money-Over-Money
  • Muni/Fed Lease
  • Operating Lease
  • Sale/Leaseback
  • True Lease
  • Vendor

Scope of Geographic Activity

  • Northeast
  • Southeast
  • Northwest
  • Midwest
  • Southwest
  • West
  • National

Transaction Preferences

Equipment Categories

  • Ambulance/Emergency
  • Audio, Visual & Broadcast
  • Auto Test/Repair
  • CAD/CAM
  • Computer Related
  • Construction
  • Containers
  • Dry Cleaning/Laundry
  • Energy Related
  • Environmental Systems
  • Food Distribution/Processing
  • Golf Related
  • Graphic Arts/Printing
  • Health/Fitness
  • HVAC
  • Industrial/Manufacturing
  • Machine Tool
  • Materials Handling
  • Medical/Dental
  • Office Equipment
  • Packaging Paper
  • Project Financing
  • Restaurant FF&E
  • Retail FF&E
  • Software Only
  • Software/Hardware
  • Telecommunications
  • Trucks and Trailers
  • Waste Disposal
  • Woodworking

Credit Quality

  • Investment Grade or Equivalent
  • A Quality
  • B Quality
  • C Quality
  • Start-ups

Special Services

  • Application Only Programs
  • Brokers Welcome
  • Custom Structures
  • Franchise Specialty
  • Titled Vehicles
  • Startup Financing; Commercial to $1.5MM+; Customized Vendor Programs

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