Founder & CEO of Elevex Capital, LLC (ElCap), a cutting-edge commercial equipment financing provider, officially launched in 2025 with a mission to redefine the way businesses access financing for essential equipment. Headquartered in Westlake, Ohio, and serving North America, ElCap leverages state-of-the-art technology to offer fast and flexible financing solutions for a wide range of industries, including those underserved by traditional financial institutions.
Mr. Elliott began his banking career with Security Pacific, a Subsidiary of Bank of America in 1993 in the consumer finance division. Prior to Huntington, Mr. Elliott was Vice President with U.S. Bank as Manager of the Indirect Funding Group; he joined Huntington in 2001 to build a new equipment finance division, which he helped grow for 23 years to one of the largest bank owned equipment leasing companies in the US eventually becoming President.
Mr. Elliott specializes in analyzing equipment finance related financial contracts as it relates to wholesale lending activities or merger & acquisition transactions. He is an active participant in the syndication markets, both on the buy and sell side of equipment leasing and loan transactions. Project Finance is another area of focus, primarily in the renewable energy markets working on back leverage term loans, solar sale-leaseback, and tax equity transactions.
Mr. Elliott holds a Bachelor of Science degree in Accounting and Finance from the Richard T. Farmer School of Business at Miami University in Oxford, Ohio and a Master of Business Administration from the Williams College of Business at Xavier University in Cincinnati, Ohio.
Mr. Elliott is a Certified Lease Finance Professional (“CLFP”) and was formerly an active member of the CLFP Board of Directors. Mr. Elliott was formerly involved with the Mid America Association of Equipment Lessors (“MAEL”), where he served as Vice Chairman/Board of Director. Currently he is Treasurer and a board member of the Equipment Leasing & Finance Association. Mr. Elliott is a former Chairman of the Equipment Leasing & Finance Foundation and former Chairman of the Research Committee and a member of the Board of Trustees. Mr. Elliott is a current board member of the Association for Governmental Leasing and Finance (“AGLF”). Mr. Elliott is also a retired member of the Ohio High School Athletic Association as a High School Basketball & Football Official.
Mr. Elliott enjoys the pursuit of the culinary arts, wine appreciation and collecting and golf, where he is a member of Avon Oaks Country Club. He resides in Bay Village, Ohio with his wife and two children.
