Small Business Loans & Financing · Reviewed

Navitas Credit Corp

Name: Navitas Credit Corp
Rating: 4.3

Equipment financing for HVAC contractors and the commercial customers they serve

★ 4.3 / 5|From Contact for pricing|Small Business Loans & Financing

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Overview

Navitas Credit Corp, founded in 2008 and headquartered in Ponte Vedra, Florida, is a nationwide direct equipment finance lender. It operates as a wholly owned subsidiary of United Community Bank, combining the balance sheet of a top-100 US bank with the speed of a specialty lender.

For HVAC contractors, Navitas serves two use cases. First, contractors themselves can finance trucks, shop equipment, diagnostic tools, and software. Second, HVAC contractors partner with Navitas as a point-of-sale financing option for their commercial customers who need to replace rooftop units or chillers.

Navitas's Express Credit Application returns decisions in under two hours on many applications.

Key Features

HVAC credit programs

Underwrite against equipment useful life and business cash flow rather than pure FICO.

Same-day decisions

Most deals under a defined application-only threshold.

Pre-populated docs

Electronic documents for quick contractor and customer signature.

Progress payments

Delayed funding structures for larger commercial HVAC installs.

Dealer channel reps

Co-branded marketing and quoting tools.

Tax structures

$1 buyout leases, FMV leases, EFAs to match customer tax strategy.

Integration

Into dealer CRM and quoting workflows for seamless POS financing.

Pros & Cons

Pros

+Deep HVAC vertical expertise on both contractor and end-customer side
+Fast credit decisions (often under 2 hours)
+Serves the commercial segment HVAC contractors target
+Bank-backed pricing and stability through United Community Bank

Cons

−Financing is tied to equipment, not general working capital
−Pricing is quote-based; no public APR ranges
−Smaller dealer partners may not get top-tier co-branding support
−Not a bank account or line of credit alternative

Best For These Industries

HVAC & Plumbing
HVAC & Plumbing
equipment-dealers
service-trades-selling-to-commercial

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