Popular Equipment Financing Options

Did you know that 78% of US businesses lease or finance their equipment? This includes small businesses and Fortune 500 companies.* Why? Because equipment leasing allows foodservice operators to preserve their working capital for everyday business expenses such as payroll, utilities, and more. There are many types of equipment financing options. LeaseQ’s most popular options…

PPP Loan Keeps Bakery Alive Through COVID-19 Pandemic

The COVID-19 pandemic has hit the foodservice industry particularly hard, causing many establishments to close permanently. Nearly 1.3 million businesses were approved for a PPP loan as of February 2021, according to the Journal of Accountancy. Bakery owner Mary Holzkopf is one of those recipients. Holzkopf opened her Huntley, Illinois-based bakery, Blessed Little Kitchen in…

Apply for a Paycheck Protection Program Loan

LeaseQ can help you apply for the second round of PPP funding, available whether you received a first round loan or not. Get up to 2.5x your monthly payroll (up to $10M) as a loan that may be eligible for full forgiveness. The Paycheck Protection Program is back. PPP’s federally guaranteed loans are intended to…

TimePayment™ Acquires LeaseQ and its Financing Marketplace

BURLINGTON, Mass. (April 3, 2019) – TimePayment, an award-winning FinTech company, announced that it has acquired LeaseQ Inc. The acquisition adds immediate value to TimePayment’s strategic focus of offering vendor partners a leading platform, differentiated product offerings, faster funding, and improved services. Additionally, LeaseQ delivers accretive originations volume and expanded funding capabilities to TimePayment’s vendor…

LeaseQ Now Offers Instant Financing for Equipment $15,000 or Less

Addresses significant need for speed and automation in online and in-store equipment sales BURLINGTON, Mass. – (Aug. 30, 2018) – LeaseQ, the marketplace for equipment financing, today announced instant financing for micro-ticket equipment purchases of $15,000 or less. After being approved for an equipment lease or loan, LeaseQ customers can now opt for instant financing…

LeaseQ Financing Options Now Available on AutoQuotes Platform

SEFA members and other AutoQuotes customers gain access to instant quotes and a massive lender network for equipment deals BURLINGTON, Mass. – (August 14, 2018) – LeaseQ today announced that its online marketplace for equipment financing is now available on AutoQuotes, a leading technology company for the foodservice equipment and supplies (FES) industry. Organizations using…

LeaseQ Dealer Spotlight: Damon Thomas, Commercial Service Senior Account Representative, Carrier

Tell us about yourself and Carrier. Carrier is a world leader in high-tech heating, air conditioning and refrigeration solutions. I have been with the company for 23 years, based out of Jacksonville, Florida. I started as a Technician before moving to a supervisor role for nine years, then continuing onto sales for the past 13…

The Three Technologies Transforming Financial Services

LeaseQ CTO, Jamshed Khan, was recently featured on PaymentsSource, a leading resource for payments and financial service professionals, discussing the technologies that are automating the financial services industry and moving it into the future. In the article, Khan notes that the addition of these technologies, like big data, machine learning and blockchain, will lead to…

LeaseQ Furthers Investment in Automation with New Integrated Alerts

Automated alerts and other LeaseQ technologies bring equipment finance into the digital age BOSTON (June 25, 2018) – LeaseQ, the online marketplace for equipment financing, today announced the launch of automated “smart” notifications for all LeaseQ platform users. The integrated alerts system is the first in the equipment finance industry to track all applications in…

LeaseQ Dealer Spotlight: Conrad Hibbert, Sales & Facility Design Manager, Perform Better

Tell us about yourself and Perform Better. Perform Better, at its core, provides functional training equipment to individuals and fitness facilities, but also goes beyond that with a dedicated Facility Design team. I began working with Perform Better in 2004 as a part of that team. Whether you are opening a small personal training gym…