Small Ticket Leasing and Loans
Navitas Credit Corp. is a nationwide direct lender with a focus on the small and medium-sized business sector. The company provides capital in the form of leases, loans and working capital to assist businesses in acquiring the equipment and financing they need to grow and stay competitive. Navitas develops customer relationships through direct marketing to businesses owners as well as establishing referral programs with equipment dealers, manufacturers, and third-party originators.
In 2018, Navitas was acquired by United Community Bank (Nasdaq: UCBI) for $130 million.