Growing Customer Base TimePayment serves over 100,000 active accounts across a wide range of industries, from Fortune 500 companies to small startups, indicating a substantial market opportunity to expand its client relationships and upsell financing solutions.
Strategic Acquisitions The company's recent acquisitions of Kingswood Leasing, QuickSpark Financial, and Wheaten Financial demonstrate a proactive approach to entering niche markets and broadening product offerings, providing cross-selling opportunities for complementary leasing and financing services.
Technology Integration Utilizing advanced technology stacks and a proprietary risk-based scoring system, TimePayment presents an attractive platform for tech-savvy clients seeking fast, paperless leasing options, which can be leveraged to target digital-first businesses in equipment and e-commerce sectors.
Expansion in Specialty Markets Through targeted acquisitions and strategic hires, such as key leadership in sales and capital markets, the company is positioning itself to capitalize on emerging market segments and niche financing demands, offering potential for tailored sales approaches.
Industry Partnerships Established partnerships with companies like On-site Storage Solutions highlight opportunities to develop joint financing solutions, expand into new verticals, and increase brand visibility among specialized equipment vendors and service providers.