United Community Banks promoted Mike Bruman to CEO of its subsidiary, Navitas Credit. Bruman is succeeding Navitas founder and CEO Gary Shivers, who officially retired on Feb. 28. read more
MAR 1, 2023 - 7:18 am
Gary Shivers, founder and CEO of Navitas Credit will retire as CEO on Feb. 28. Shivers founded Navitas in 2008 and grew the company to more than $1.3 billion in assets, with new originations reaching $1 billion dollars per year. read more
FEB 16, 2023 - 7:23 am
Navitas Credit promoted Mike Bruman to the newly created position of senior vice president and chief operating officer. Bruman will oversee the daily operations of the company, including credit, operations, sales and marketing. read more
APR 20, 2022 - 7:30 am
John Martella will join Navitas Credit as senior vice president of the newly formed Navitas Capital division. Jean Cutting also will join the division as vice president of Business Development. read more
MAY 2, 2018 - 6:58 am
United Community Banks and NLFC Holdings announced an agreement for United to acquire NLFC, including its wholly-owned subsidiary, Navitas Credit. read more
JAN 9, 2018 - 7:09 am
Navitas Credit launched an advanced web quoting tool that will enhance equipment dealers and manufacturers ability to generate and deliver financing quotes to clients in highly customizable formats. read more
SEP 7, 2017 - 6:40 am
Inc. Magazine ranked Navitas Credit No. 2,018 on its 36th annual Inc. 5000, the ranking of the nation's fastest-growing private companies. It was Navitas’ fourth time on the list. read more
AUG 23, 2017 - 7:16 am
Navitas Credit launched navitaslending.com, a site designed to meet the financing needs of the small to mid-size business sector. read more
MAY 10, 2017 - 6:04 am
Navitas Credit released a newly re-engineered vendor portal, which will be branded as “Navitas Connect” and support the transaction origination needs of equipment dealers, manufactures and distributors. read more
FEB 1, 2017 - 6:25 am
Navitas promoted Debra Jones to lead its RLC Funding Division. As senior vice president, Jones will expand her responsibilities by assuming oversight of the RLC Division. read more
DEC 28, 2016 - 7:40 am
Navitas Credit expanded EZ-Docs, its electronic documents service, which digitizes the transaction delivery and management process. read more
NOV 30, 2016 - 6:05 am
Navitas Credit completed its third and largest term securitization of equipment loan and lease contracts, Navitas Equipment Receivables LLC 2016-1, issuing $205.1 million of notes. read more
SEP 29, 2016 - 8:05 am
Navitas Credit released My Navitas Mobile which will allow customers to access and manage their accounts right from their smartphones. read more
SEP 20, 2016 - 6:08 am
For the third straight year, Navitas Credit was named to Inc. magazine’s list of the nation’s fastest growing private companies, the annual Inc. 5000. read more
AUG 24, 2016 - 6:44 am
Navitas Lease announced the purchase of Liberty Financial in order to accelerate its entry into the vocational vehicle and related equipment marketplace. read more
JAN 20, 2016 - 6:53 am