As Founder & CEO of Elevex Capital, LLC (ElCap), Jeffry Elliott launched the firm in 2025 with a mission to redefine how businesses access financing for essential equipment. Headquartered in Westlake, Ohio, and serving clients across North America, ElCap leverages advanced technology to deliver fast, flexible financing solutions across a broad range of industries—including those underserved by traditional financial institutions.
Jeffry began his banking career in 1993 with Security Pacific, a subsidiary of Bank of America, in the consumer finance division. Prior to joining Huntington, he served as Vice President at U.S. Bank, where he managed the Indirect Funding Group. In 2001, he joined Huntington to build a new equipment finance division, helping grow it over 23 years into one of the largest bank-owned equipment leasing companies in the United States, ultimately serving as President.
He brings deep expertise in analyzing equipment finance contracts, particularly in the context of wholesale lending and merger and acquisition transactions. Jeffry is an active participant in the syndication market, working on both the buy- and sell-side of equipment leasing and loan transactions. His experience also includes project finance, with a focus on renewable energy, including back-leverage term loans, solar sale-leasebacks, and tax equity structures.
Jeffry holds a Bachelor of Science in Accounting and Finance from the Richard T. Farmer School of Business at Miami University (Oxford, Ohio) and a Master of Business Administration from the Williams College of Business at Xavier University (Cincinnati, Ohio).
He is a Certified Lease & Finance Professional (CLFP) and has served on the CLFP Board of Directors. Jeffry previously served as Vice Chairman and Board Member of the Mid-America Association of Equipment Lessors (MAEL). He currently serves as Treasurer and Board Member of the Equipment Leasing & Finance Association (ELFA), and is a former Chairman of the Equipment Leasing & Finance Foundation, where he also chaired the Research Committee and served on the Board of Trustees. He is also a current board member of the Association for Governmental Leasing and Finance (AGLF).
Outside of work, Jeffry enjoys culinary pursuits, wine collecting, and golf. He is a member of Avon Oaks Country Club and resides in Bay Village, Ohio with his wife and two children.
