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Navitas Credit Reaches One Billion in Total Originations

November 14, 2017, 07:19 AM
Filed Under: Industry News

Navitas Credit Corp. reached a major milestone in its corporate history by exceeding total new business volume of over one billion dollars. Navitas was founded in September of 2008 with eight employees and has grown into an industry leader with over 125 employees and 8 sales and service offices throughout the country. Navitas has also been recognized in the INC. 5000 survey as one of the fastest growing private companies in the United States for the past consecutive four years.

Since the company’s inception, over 23,000 customers across the United Sates have received the financing they need to manage and grow their businesses.  Navitas has also established long term partnerships with thousands of equipment dealers and leading national manufacturers to support the financing and working capital needs of their customers.  Key elements that have contributed to the success of the company include expansion into the titled vehicle and healthcare market segments, development of proprietary technologies that enable equipment seller partners to seamlessly offer financing options, and expedited transaction processing through a totally automated platform. 

Gary Shivers, President and CEO of Navitas adds, “Funding a billion dollars in originations is a historic achievement for our company.  It takes a lot of hard work and commitment to reach the high level of growth rates Navitas has achieved over the last several years, none of which would not be possible without the dedication of our people.  We look forward to continuing to deliver more product innovation, expanding into new markets and providing nothing less than superior service to our customers and partners.”

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