TimePayment is a Boston-based FinTech company owned by affiliates of Fortress Investment Group, a leading, highly diversified global investment manager. Fortress is owned by SoftBank Group Corp. (TOKYO: 9984), a global technology investor focused on advancing the Information Revolution by forming long-term partnerships with the most superior companies in the information industry.
TimePayment leads the industry with technology tools and capital that enables equipment sellers and financial intermediaries to offer fast, paperless equipment lease financing to their customers. The company’s proprietary credit scoring and risk-based transaction model delivers competitive lease financing solutions across the credit spectrum; from Fortune 500 companies to small business start-ups. TimePayment proudly serves more than 100,000 active accounts with transaction sizes ranging from $500 to over $500,000.
With industry-leading, cutting-edge technology, we are able to approve transactions under $15,000 online within seconds, and larger transactions within hours. We also fund quickly, paying equipment vendors within hours of confirmed equipment installation. We provide fast, easy, online support for equipment buyers, equipment vendors, and lease brokers.
Our vendors and brokers are able to maximize sales by offering equipment leasing- while customers get the equipment they need, when they need it, and are able to manage cash flow through affordable monthly payment.