Elevex Capital Company Profile
Background
Elevex Capital, LLC, established in January 2025 and headquartered in Westlake, Ohio, is an independent commercial equipment finance company. The company aims to redefine equipment financing by integrating advanced technologies to provide fast and flexible solutions across various industries.
Key Strategic Focus
Elevex Capital's strategic focus encompasses:
- Vendor Equipment Finance: Offering scalable financing solutions to vendors, enhancing their sales volume and accelerating business growth.
- Capital Markets: Providing capital solutions across diverse industries, secured by mission-critical assets.
- Target Markets: Concentrating on traditionally underserved sectors such as oil and gas, renewable energy, agriculture, and transportation.
Financials and Funding
Elevex Capital is backed by Sallyport, a Houston-based private equity firm. In June 2025, the company secured credit facilities from Wells Fargo and Woodforest National Bank, enhancing its capacity to execute a robust pipeline of lending opportunities and positioning it for further growth.
Technological Platform and Innovation
Elevex Capital differentiates itself through:
- Automated Workflows: Streamlining the financing process to expedite equipment acquisition.
- Digitized Processes: Eliminating paperwork by fully digitizing applications and approvals.
- AI-Driven Analytics: Utilizing artificial intelligence and machine learning for enhanced risk assessment and decision-making.
Leadership Team
- Jeffry Elliott: Co-Founder and CEO. With over 30 years in equipment finance, Elliott previously served as President of the Equipment Finance division at The Huntington National Bank.
- Spencer Richman: President and COO.
- Clyde D. Cady: Managing Director, Strategic Relationships and Programs.
- Ryan Howard: Manager.
- Kyle Bethancourt: Manager.
Competitor Profile
Market Insights and Dynamics
The equipment finance industry is experiencing a shift, with traditional banks reducing their involvement due to regulatory constraints, creating opportunities for independent firms like Elevex Capital.
Competitor Analysis
Key competitors include:
- Huntington Equipment Finance: A division of The Huntington National Bank, offering equipment financing solutions.
- CIT Group: Provides commercial lending and leasing services.
- DLL Group: Specializes in vendor finance programs across various industries.
Strategic Collaborations and Partnerships
Elevex Capital's strategic partnerships include:
- Sallyport: Provides financial backing and strategic support.
- Wells Fargo and Woodforest National Bank: Established credit facilities to support growth initiatives.
Operational Insights
Elevex Capital's competitive advantages include:
- Speed: Leveraging technology to expedite financing processes.
- Flexibility: Offering tailored financing solutions to a diverse client base.
- Expertise: A leadership team with extensive industry experience.
Strategic Opportunities and Future Directions
Elevex Capital plans to:
- Expand Market Reach: Target additional underserved industries.
- Enhance Technological Capabilities: Invest in AI and machine learning to further streamline operations.
- Strengthen Partnerships: Develop relationships with community banks lacking equipment finance divisions.
Contact Information
For more information, visit Elevex Capital's official website.
Stock market information for Elevation Oncology Inc (ELEV)
- Elevation Oncology Inc is a equity in the USA market.
- The price is 0.3854 USD currently with a change of 0.00 USD (0.00%) from the previous close.
- The latest open price was 0.38 USD and the intraday volume is 843736.
- The intraday high is 0.39 USD and the intraday low is 0.376 USD.
- The latest trade time is Tuesday, June 17, 00:15:00 UTC.
