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Navitas Credit Appoints Karman as Chief Sales Officer

July 02, 2024, 07:15 AM

Navitas Credit Corp., an industry leader in equipment financing and a wholly owned subsidiary of United Community Banks, Inc., announced the appointment of Michael Karman to Chief Sales Officer. In Karman’s new role he will oversee the company’s originations, which are poised to exceed $1 billion annually.

"Michael’s journey with us has been exemplary, demonstrating unwavering dedication and a passion for serving our customers and partners,” said Mike Bruman, Chief Executive Officer of Navitas Credit Corp. “His remarkable ability to consistently achieve and surpass targets has solidified his reputation for excellence. Michael's leadership extends beyond impressive metrics; he is a catalyst for team success, fostering an environment where collaboration and achievement thrive. His enthusiasm and commitment to our collective goals are invaluable assets. We are confident that in his new role, Michael will continue to push boundaries and inspire us all to achieve more together."

Karman joined Navitas in 2018 as the Senior Vice President of Sales, a pivotal time as it coincided with Navitas joining the United Community team. In this role, he initiated and led the company's new Enterprise Dealer Division, developing and supporting a larger team dedicated to vendor-driven finance programs. Following that success, Karman went on to lead the Franchise Finance team. Both divisions are now significant contributors to the company's Direct Origination platform. In 2019, Karman expanded his responsibilities to include managing Strategic Accounts, Specialty Vehicles, Healthcare Divisions, and the organization’s syndication team.

Before joining Navitas, Karman held several senior positions in the industry, including Co-President and Chief Commercial Officer at Amur Equipment Finance, senior vice president at Ascentium Capital, now a division of Regions Bank and roles at AT&T Capital. His extensive experience and leadership have been invaluable to Navitas’ growth and success.

Karman shares his enthusiasm for his new role, and said, "Building strong relationships is the cornerstone of any successful sales strategy. I'm honored to lead these talented teams as we continue to prioritize understanding our customers' needs and delivering exceptional, customized financing and services that set us apart. I am confident that we will exceed our growth projections and continue to be a pivotal contributor to United Community's ongoing success. Together, we will uphold the Navitas mission of providing excellent service and driving remarkable results."







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