Latest Elevex Capital News & Updates

See the latest news and media coverage for Elevex Capital. We track all announcements, press releases, and industry mentions in real time, all in one place.

Elevex Capital

Equipment financing and payment solutions provider

elevexcapital.com

Headquarters: Westlake, United States
Founded year: 2024
Company type: Private company
Number of employees: 43–50
Industry: Corporate Financial Services

Last updated October 19

Latest news about Elevex Capital

In short: Elevex Capital acquired BancLeasing, doubling managed assets, and announced a $1 billion forward flow agreement with TPG.

Company announcements

October 19 Elevex Capital

Elevex Capital names Spencer Richman Interim CEO

Richman replaces Jeffry Elliott, bringing 37 years of experience. The transition ensures uninterrupted operations for customers and partners.

August 5 Elevex Capital

Elevex Capital simplifies equipment finance applications to decision-critical factors

The new intake allows application-only approvals up to $1 million, reducing decision time from meetings to minutes, and focuses on questions that actually influence credit outcomes.

March 30 Elevex Capital

Elevex Capital acquires BancLeasing, doubling assets under management

The acquisition adds 27 bank partnerships and $83 million in managed assets, expanding the Financial Institutions Group.

January 13 Elevex Capital

Elevex Capital announces $1 billion forward flow agreement with TPG

This partnership enables Elevex to originate and fund larger transactions with a dedicated capital partner.

Media coverage

July 9 USA Today

Elevex Capital Launches Multi-Vertical Floor Plan Finance Platform, Powered by Vero Technologies

Committed, technology-enabled wholesale inventory finance for equipment dealers across construction, agriculture...

March 30 Equipment Finance News

Elevex Capital acquires BancLeasing, doubles managed assets - Equipment Finance News

Elevex Capital has acquired BancLeasing, expanding its financial institutions group and doubling its assets under management.

January 13 MarketWatch

Elevex Capital Announces $1 Billion Forward Flow Agreement With TPG

The MarketWatch News Department was not involved in the creation of this content. WESTLAKE, Ohio, Jan. 13, 2026 /PRNewswire/ -- Elevex Capital, LLC ("Elevex"), an...

June 4, 2025 MarketWatch

Elevex Capital Secures Credit Facilities with Wells Fargo and Woodforest Bank to Accelerate Growth

The MarketWatch News Department was not involved in the creation of this content. WESTLAKE, Ohio, June 4, 2025 /PRNewswire/ -- Elevex Capital, LLC ("Elevex" or...

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