# Navitas Credit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/navitas-credit

- Industry: Financial Services
- Headquarters: US
- Website: www.navitaslease.com
- Total disclosed funding: $6M
- Latest round: Series A (Mar 2, 2010)
- Investors on record: 3

## About

Navitas Credit Corp., based in the US, specializes in providing tailored equipment finance solutions across various industries, facilitating quick access to funds for businesses through flexible financing options. Founded in 2008, Navitas Credit Corp. is focused on equipment finance solutions. The company is headquartered in the United States and has engaged in one notable deal.  In 2016, Navitas Lease Corp. changed brand name to Navitas Credit Corp. Navitas specializes in providing tailored equipment finance solutions that cater to a diverse range of industries. Their core offerings revolve around flexible financing options for both new and used commercial equipment, addressing the specific needs of customers in sectors such as healthcare, industrial, construction, and technology. The company emphasizes fast credit decisions and streamlines documentation to facilitate quick access to funds, which is critical for businesses operating under tight timelines. Navitas serves a broad client base, including small to medium-sized enterprises and startups across various geographical markets, with a particular focus on the United States. As a wholly owned subsidiary of United Community (NYSE: UCB), Navitas leverages the stability and strength of a financially robust institution while ensuring personalized service that fosters long-term partnerships. Navitas generates revenue through its equipment financing solutions, structured to facilitate transactions between the firm and its clients. Businesses seeking financing can access amounts ranging from USD 5,000 to USD 5 mn, enabling them to acquire essential equipment without upfront capital constraints. The company operates primarily on a B2B model, providing direct financing solutions to business clients rather than engaging in retail or consumer sales. Their unique offerings include flexible payment plans designed to accommodate varying credit profiles, with a focus on supporting startups and established companies alike. The pricing structures for financing options are crafted to meet the specific needs of each client, ensuring that Navitas remains a competitive player in the equipment finance market. This may include the introduction of new products tailored to specific industry needs, although specific product details and release dates have not been disclosed. The company aims to expand its operations into additional geographic markets beyond its current focus in the United States, targeting opportunities with startups and small businesses that require flexible financing solutions. The recent funding will support these initiatives, allowing Navitas to strengthen its market position and reach a wider audience.

## Funding rounds

- Series A, Mar 2, 2010, $6M — Noro-Moseley Partners, C&B Capital, Lunsford Capital

## Investors

- Noro-Moseley Partners (https://capitalatlas.ai/funds/noro-moseley-partners) — Series A
- C&B Capital (https://capitalatlas.ai/funds/c-b-capital) — Series A
- Lunsford Capital — Series A