Navitas moves into vocational vehicle leasing

Florida-based Navitas said Liberty Financial, which is headquartered in Pennsylvania, brings a deep expertise along with a highly experienced staff and established partnerships.

Gary Shivers, Navitas CEO, said: “We were very fortunate to have Liberty join our growing organization. Their collateral expertise and proven leadership team was the perfect fit for what we were looking for. With our financing capacity, systems and infrastructure, we feel that we can be a dominant force within this market niche.”

For his part Tom Madonna, president of Liberty Financial, said: “We have been looking for a partner like Navitas that could help Liberty capitalize on its proven ability to serve our markets and ultimately improve our small business customer experience.”

“Navitas provides us with the financial strength, additional products, marketing power and technology leadership that will assist us in better serving our customers while expanding our market reach at the same time. The combination of our two organizations will create a very compelling financing resource for the SMB marketplace,” Madonna stated.