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Navitas Credit Makes Inc. 5000, Achieves Three-Year Sales Growth of 306%

August 24, 2016, 07:08 AM
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Topic: Industry News

Inc. magazine announced that for the third consecutive year, Navitas Credit Corp. (formally Navitas Lease Corp.) made its prestigious list of the nation’s fastest growing private companies, the annual Inc. 5000. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

Gary Shivers, President and CEO of Navitas stated, “Our on-going investments in people, technology infrastructure and product development continues to drive our growth and has positioned Navitas as a preferred financing resource in our industry  Our recent entry into the working capital loan product category, which enables us to offer our small business customers financing to meet almost any capital need, and our expansion into titled vehicle financing have also significantly contributed to our rapid growth rate.  Over the last year we have launched a self-service customer support portal which is available online and on our mobile app.  We have also made significant strides in offering our customers the ability to utilize electronic documents throughout the entire transaction life cycle, resulting in expedited service delivery times and a highly streamlined processing environment. The company’s strong performance continues to provide Navitas with a high level of support from the capital market sector, enabling us to obtain the funding required to achieve our on-going growth goals.”

The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

"The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

Navitas offers a full complement of business lending and support services and is headquartered in Ponte Vedra, Florida, with sales and service offices located nationwide.  The company provides equipment financing and business capital solutions to small and medium sized businesses through developing referral programs with equipment vendors, lease brokers, and strategic alliances.

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