Elevex Capital, LLC

Elevex Capital, LLC Logo

Company Info

2211 Crocker Road, Suite 160
Westlake, OH 44145

Jeffry Elliott

Primary Contact
(216) 243-1200
[email protected]

Clyde Cady

Alternate Contact
(312) 523-3630
[email protected]
Elevex Capital, LLC is a:
Last Update: 03/05/2025

Core Business Focus

Elevex Capital, LLC (ElCap) focuses on financing essential use equipment for underserved industries using a technology forward approach to reduce friction, improve transparency and mitigate risk in the equipment financing process.

Company Type

Independent

Type of Funding Source/Buyer

Investor, Lender, Packager

Annual Volume Funded

0-20 Million

Credit Criteria

  • HLT
  • Investment Grade
  • Lower Middle Market
  • Middle Market
  • Municipal / Government
  • Near Investment Grade
  • Start-ups / Venture
  • Taxes Exempt Leasing

Lease Terms

Longest

Average

Shortest

120

42

36

Lease Structures

  • Conditional Sale / Money-Over-Money
  • Debt
  • Equity
  • Leveraged Lease
  • Tax-Exempt Municipal Lease
  • Operating Lease
  • Real Estate
  • Sale / Leaseback
  • Startups
  • TRAC
  • Vendor Finance

Originates Paper?

Yes

Syndicates/Sells Paper?

Yes - Sells all types of transaction especially debt streams on investment grade credits.

Equipment Types We WILL Finance

  • Agricultural
  • Aircraft
  • Automobile
  • Broadcast / Video
  • Buses
  • Cable / Communications
  • Construction
  • Emergency Vehicles
  • Furniture / Fixtures
  • Gaming
  • Graphic Arts
  • Intermodal
  • Laundry / Drycleaning
  • Machine Tool
  • Marine
  • Material Handling
  • Medical
  • Mining
  • Modular Buildings
  • Oil and Gas
  • Packaging / Plastics
  • Project Finance
  • Rail
  • Recreation / Fitness
  • Recycling
  • Renewable Energy
  • Restaurant
  • Retail
  • Software
  • Technology
  • Trucks and Trailers
  • Utility
  • Waste Removal

Industry Financing Preferences

Energy industry both Oil, Gas, Coal and renewables.

Accepts Soft Assets?

No

Lessor/ Broker Requirements

Elevex will work with 3rd parties if they are paid by the lessee or under an Originator program with Elevex. Originator program requires Elevex to have first right of refusal on all originations and all transactions are documented and closed under Elevex documentation and underwriting procedures.

ELFA Business Councils

Independent

Start of the Fiscal Year

January