BURLINGTON, Mass. (Jan. 4, 2016) – LeaseQ, an online marketplace connecting business owners, equipment sellers, and lenders to make selling and financing equipment fast and easy, today welcomes John Caruso as vice president, funding operations. With more than 35 years of experience in financial services, Caruso will develop LeaseQ’s funding team and expand its network of lenders in the Americas and abroad to serve credit profiles A through D across a number of vertical markets.
“John has decades of experience with multi-million dollar deals on an international scale,” said Vernon Tirey, founder and CEO at LeaseQ. “His knowledge and mentorship will help us build out the operations infrastructure and funding team to handle transactions of any complexity, and reach our next stage of growth.”
Prior to LeaseQ, Caruso was a senior director at EMC Corporation, managing an active $4.5 billion financing portfolio and global lending relationships. Before EMC, Caruso served 14 years as vice president, senior credit officer at Fleet Bank (now Bank of America), where he led both new business development of lending relationships and inside operations. He has extensive experience in program development and implementation, credit analysis, collection management, complex deal structuring, funding and new business development.
Caruso’s hire supports LeaseQ’s rapid growth. Last month, LeaseQ acquired Noesis, the leader in commercial building equipment financing, and plans to expand into several other equipment verticals.
About John Caruso
John is Vice President, Funding Operations at LeaseQ. With more than 35 years of experience in financial services, he is responsible for developing LeaseQ’s funding team, and expanding the network of lenders on the LeaseQ platform in the Americas and abroad to serve credit profiles A through D, across a number of vertical markets. Prior to LeaseQ, John was a senior director at EMC Corporation, managing an active $4.5 billion financing portfolio and global lending relationships. He also has extensive experience in program development and implementation, credit analysis, collection management, complex deal structuring, funding and new business development.
About LeaseQ
LeaseQ is an online marketplace that connects businesses, equipment sellers, and equipment finance companies to make selling and financing equipment fast and easy. The LeaseQ platform is a free, cloud-based SaaS solution with a suite of on-demand software and data solutions for the equipment leasing industry. LeaseQ provides business process optimization (BPO) and information services that streamline the purchase and financing of business equipment across a broad array of vertical industry segments. Learn more at www.leaseq.com.