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.

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.

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.