Third-Party Servicing

By leveraging best-in-class technology with extensive transaction processing expertise, LeaseDimensions provides integrated, tailored servicing solutions to the vehicle and equipment finance industries.
Since 1995, LeaseDimensions has provided lease and loan services for over 300,000 contracts representing more than $10 billion in asset value.

Our goal: to maximize a client’s portfolio investment in a stable and secure environment.

By utilizing LeaseDimensions’ transaction processing and technology platform, our clients have been able to meet various strategic objectives. These include:
  • Servicing Transfers

    For clients who require a secure and stable platform to liquidate a portfolio or effect a servicing transfer resulting from an originator or existing servicer event. Providing seamless and rapid portfolio transitions, LeaseDimensions protects the investments of various portfolio stakeholders such as investors, rating agencies and trustees.
  • Investor Portfolio Purchases

    LeaseDimensions maintains alliances with companies actively engaged in acquiring equipment and vehicle lease and loan portfolios. Focusing on core competencies and asset ownership, these companies choose to outsource the back office functions.
  • Strategic Outsourcing

    Following national trends in other business processing functions, savvy lease and loan originators have discovered the strategic benefits of an outsourced servicing platform. These clients maintain control of the credit, marketing and sales of the growing portfolios while utilizing LeaseDimensions’ focused servicing capabilities. This strategy allows organizations such as captive finance companies, banks and credit unions to provide customer-driven financing options without the associated fixed costs and management resources required to support those options.
  • Back-Up Servicing

    LeaseDimensions provides a full complement of back-up services for leading financial organizations in the equipment and vehicle finance industries. By providing ongoing monitoring, analyzing, parallel processing and reporting on every portfolio the company adds real value and security to the back-up position.
To handle third-party servicing functions, LeaseDimensions engages highly experienced lease and loan processing personnel. They manage transactions on a secure state-of-the-art data platform and utilize the robust capabilities of the LeasePak™ lease and loan management system. With an unparalleled combination of transaction processing expertise and technical competency, LeaseDimensions offers:

Lease Accounting

  • Contract Booking
  • Payment Processing
  • Contract Accounting
  • Tax Administration
  • Investor Reporting

Lease Administration

  • Customer Service
  • Private-Label Billing
  • Management Reporting
  • End-of-Term Management

Collateral Administration

  • UCC Filings
  • California PUC Filings
  • Title Administration
  • Insurance Tracking

Data Center Management

  • Conversion Services
  • Systems Administration
  • Network Administration
  • Computer Operations
  • Data Base Management
  • Security Administration
  • Disaster Recovery Services

Lease Originations

  • Credit Scoring
  • Credit Underwriting
  • Document Preparation
  • Contract Booking

Collections & Asset Recovery

  • Delinquent Account Collections
  • Late Notice Processing
  • Asset Remarketing
  • Litigation Support
  • Repossessions
  • Bankruptcy Support
Our staff takes great pride in improving the service levels to our clients’ customers. Since our first servicing client, we have consistently received acknowledgment from customers on our responsive and timely customer service. We often have been able to resolve customer issues that may have gone unsettled for months with prior servicers. It’s a great feeling to help customers who have been frustrated with their account. Tina Nielsen Customer Service Supervisor
We take a problem-solving approach to collections to help ensure investors maximum returns. Our team of veteran collectors prides themselves in working with customers to find solutions to past due payments and improve cash collections. If they aren’t able to restart payments, they have the experience to proceed with further action. With distressed portfolios transferred in, my staff looks forward to the month-end numbers detailing the reduction in delinquency rates — that measures our success. Tracy Henry Collections Supervisor