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testimonials

“The vendor financing programs we’ve established through LSC provide greater access to more capital to fund the equipment package required to open a new franchised outlet or to remodel an existing Snap Fitness location. From pre-qualification to closing, Lease Servicing Center provides a streamlined, turn-key funding solution for both multi-unit owner-operators and start-up franchisees.” Matt Gosche, Snap Fitness Finance Director

“The dedicated team of commercial finance professionals at Lease Servicing Center deliver unparalleled customer service with the utmost business integrity. We know that our franchisees are in capable hands working with LSC, which allows us to focus on selling more franchises and opening more state-of-the-art Snap Fitness centers.” Peter Taunton, Snap Fitness President & CEO

Mitri Canavati

our mission

To provide flexible and creative financing solutions with the highest level of customer service that caters to the specific needs of our vendors and end-users.

Chris Canavati

our vision

Through our excellent service, we will be the preferred financing method against all others.

our values

- Live with integrity
- Help our customers achieve their goals
- Build cohesive and long-term relationships
- Be reliable and available
- Operate quickly under control
- Always think creatively

- Add value through innovation and technology
- Learn constantly and adapt to a changing environment
- Never settle; always strive for excellence
- Work as a team and share in accomplishments

Chris Canavati is cofounder and co-owner of Lease Servicing Center, Inc.

Chris Canavati

Chris has been in the leasing industry since 1987 when he started as a regional sales manager for Business Credit Leasing. BCL specialized in putting together vendor based leasing programs primarily in the office equipment industry. Chris was with BCL for seven years holding the positions of Regional Sales Manager, Divisional Sales Manager and finally General Manager.

In 1994, Chris accepted the position of General Manager of The Manifest Group, a sister company to BCL, which specialized in funding leases originated by brokers and independent lessors. These companies were eventually acquired by US Bank.

In October of 1995, Chris left The Manifest Group to start Alpha Capital, LLC. Alpha was a vendor driven lessor specializing in the Commercial Printing industry.

In July of 2000, Chris founded HDD Capital, Inc. HDD Capital, Inc. immediately focused on the Underground Utility Construction industry putting together vendor programs primarily for Ditch Witch dealers nationwide.

Also in July of 2000, Chris cofounded Lease Servicing Center, Inc. in partnership with his brother Mitri Canavati.

Chris was very active in UAEL (United Association of Equipment Lessors) now NEFA (National Equipment Finance Association) since 1994. He chaired the Membership Committee in 1997, served as a Board of Director in 1998 and 1999, chaired the Education Committee in 2000 and 2001 and served on the Standards Committee in 1998 and 1999. He has been a frequent speaker at association meetings. In 2005, Chris served on the Executive Council of the Board as the Treasurer and also served on the Board of Directors of the Certified Leasing Professionals Foundation.

Chris received a Bachelor of Science degree in Accounting from St. Cloud State University.

Mitri Canavati is founder and sole owner of D.C. Financial Services and cofounder and co-owner of Lease Servicing Center, Inc. From D.C. Financial’s inception, Mitri has been responsible for the company’s strategic direction as a vendor based, niche oriented leasing company.

Mitri Canavati

Mitri has 26 years experience in the leasing industry. In 1987, after spending two years as a salesman for Pitney Bowes where he became adept at using leasing as an effective tool for selling equipment, Mitri accepted a position as Regional Sales Manager for Dana Commercial Credit selling vendor based leasing programs to dealers of Apple Computers. It was in this position Mitri gained expertise in marketing and selling to a captive dealer network. Within six months, Mitri became a top producer.

Mitri then accepted a position with Secured Funding Source, a division of Lyon Financial Services. Lyon Financial Services was a wholly owned subsidiary of Schwan’s Sales Enterprises, Inc. in Marshall, Minnesota. Within six months Mitri was again a top producer and was quickly promoted to Divisional Sales Manager with six regional sales managers reporting to him. It was in this position that Mitri was involved in strategically redirecting the company from being a generalist to a niche oriented company focusing in the medical market where it remains a competitive leasing provider today.

In April of 1995, Mitri started D.C. Financial Services. Similar to his experience with Secured Funding Source, Mitri started out as a generalist putting together vendor programs for equipment types from computers to construction equipment. Mitri then strategically focused D.C. Financial Services as a specialist in the Underground Construction industry. Relationships were forged with dealers of Vermeer Manufacturing Inc. nationwide. In addition to working with the Vermeer dealers, Mitri has also worked closely with Vermeer Manufacturing in putting together successful leasing promotions that Vermeer Manufacturing offers on a nationwide basis.

Mitri continues to hire and develop the sales professionals at Lease Servicing Center. He is directly involved with establishing vendor programs and relationships. Under his direction, LSC and D.C. have developed several quality vendor relationships.

Mitri received a Bachelor of Science degree in Accounting from St. Cloud State University in St. Cloud, Minnesota. He is a member of the National Equipment Finance Association.