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OPTIMUS Adds Commercial Option Navitas to Lending Platform

May 19, 2023
Partnership brings industry's most comprehensive financing program to commercial customers and projects.
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SACRAMENTO, CA – OPTIMUS Financing, a contracting industry-first financing platform that is a division of the Electric & Gas Industries Association (EGIA), is excited to announce a new partnership with Navitas Credit Corp., a leading commercial HVAC/R financing provider. Through this collaboration, OPTIMUS enrolled contractors can now bring the industry's most comprehensive financing program to their commercial customers and projects.

"Partnering with Navitas to add their commercial financing options to OPTIMUS Financing’s comprehensive suite of residential financing solutions is a win-win for contractors and their customers," said Bruce Matulich, CEO of EGIA. "By offering the industry's most flexible credit options, no-dealer-fee choices, instant approvals, and now a leading commercial option, OPTIMUS continues to provide contractors with the best possible tools to grow their businesses and serve more customers."

Features and Benefits

Navitas Credit Corp. is a well-capitalized, wholly owned subsidiary of United Community Bank (NASDAQ: UCBI), a leader when it comes to flexibility in underwriting and a personalized approach that fully understands the HVAC/R industry. OPTIMUS contractors will benefit from Navitas's commercial financing program, which features 100% advance funding, flexible credit options for projects ranging from $5,000 to $500,000, and customized payment solutions with terms from 12-72 months, including deferred and seasonal payment structures.

In addition to this new commercial financing offering, OPTIMUS Financing provides a complete range of residential financing options, with no-dealer-fee options across all credit profiles, soft credit pull technology, and the industry’s most proven and comprehensive in-home sales training—all with approval rates above 90%.

"By partnering with Navitas, OPTIMUS Financing continues to expand and offer our enrolled contractors an unmatched level of financing solutions, including short-term capital for immediate growth plans, same-day approvals, and no liens or hard credit checks," said Matulich.

Contractors currently enrolled in OPTIMUS wishing to add Navitas commercial financing to their account can email [email protected] to receive more information.

To enroll in OPTIMUS, or to learn more, visit OPTIMUSfinancing.com. To learn more about EGIA, visit EGIA.org.

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