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Elevex Finishes First Year in Business with +$100MM Balance Sheet

December 30, 2025, 07:23 AM
Filed Under: Equipment Finance News

Elevex Capital completed its first year of operations with more than a $100 million balance sheet, marking a key milestone for the independent specialty finance firm.

Launching at the start of 2025, Elevex Capital was established to provide flexible, relationship-driven capital solutions to businesses underserved by traditional lenders. During its inaugural year, the firm scaled its platform while maintaining a disciplined approach to underwriting and portfolio construction.

“Reaching a $100 million balance sheet in our first year reflects both strong demand for our product and a deliberate focus on credit quality,” said Jeffry Elliott, CEO of Elevex Capital. “From day one, our objective has been to build a durable platform that can perform across market cycles.”

Elevex Capital provides customized financing solutions with an emphasis on speed, transparency, and alignment with borrowers and capital partners. The firm’s early growth comes amid continued shifts in the private credit and non-bank lending markets.

“Our first year was about establishing credibility and building long-term relationships,” said Cory Damm, Chief Marketing Officer of Elevex Capital. “As we move forward, we remain focused on sustainable growth and being a trusted capital partner to our clients.”

For more equipment finance and leasing industry news, visit Equipment Finance Advisor.







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