Third-Party Servicing: Client Profiles

Providing custom solutions to meet a wide range of strategic objectives.

LeaseDimensions brings customized solutions to a wide range of companies in the vehicle and equipment finance industries. Here are a few profiles highlighting the strategies and services behind LeaseDimensions’ third-party solutions.

Client Major Medical Equipment Lessor
Portfolio Securitized small-ticket equipment leases
Number of Assets 8,000
Services Data center management, lease accounting, invoicing, payment processing, customer service, collections, sales and property tax administration, equipment remarketing, insurance tracking, insurance claim processing, securitization reporting.
Outsourcing Strategy Liquidating portfolios on non-strategic systems. Emphasis on automating securitizations reporting, improving collections performance and increasing accuracy and timeliness of sales and property tax returns.
Client 15 Major National Lenders
  GE Capital, Fifth Third Bank, GMAC, Navistar, Ford Credit, LaSalle National Bank, BofA, Key Bank, Mercedes-Benz Credit, First Source Bank, National Bank of Canada, National Bank & Trust
Portfolio Commercial vehicles
Number of Assets 9,000+
Services Full lease administration functions. Data center management, lease accounting, invoicing, payment processing, customer service, collections, end-of-term management, remarketing, management information reporting.
Outsourcing Strategy Stabilize portfolio after national leasing company originator declared bankruptcy. Lenders foreclosed and moved servicing to LeaseDimensions.
Client National Vending Equipment Manufacturer
Portfolio Commercial equipment loans
Number of Assets 4,000
Services Data center management, loan accounting, contract booking, invoicing, payment processing, customer service, collections, loan pay-offs, management information reporting.
Outsourcing Strategy Support internal core competencies in manufacturing, distributing and servicing vending equipment. Contain growing portfolio management expenses by outsourcing acquisition and maintenance costs of loan servicing platform.