LeasePoint Funding Group Announces Strong Growth with $100MM in Originations in 2022, Key Operational Hires, and Strategic Investments in Proprietary Technology to Support Growth to $150MM in 2023

[Austin, TX] - LeasePoint Funding Group, a leading provider of equipment leasing and financing solutions, announced today that it originated over $100MM in new business in 2022, demonstrating strong momentum with three consecutive years of high double-digit growth.

The company has added key operational hires to its team, including industry veterans with experience in sales, operations, and underwriting, to help support its growth trajectory in 2023 and beyond.

To further support this growth, LeasePoint plans to invest in its proprietary technology and scoring platform to streamline its lending process and enhance its underwriting capabilities. The company expects these investments to achieve its target of originating $150MM in new business in 2023.

"We are thrilled to have achieved such strong growth in 2022 and look forward to building on this momentum in 2023," said Jeff Markim, Managing Partner of LeasePoint Funding Group. "Our investments in technology and our team will help us provide even more value to our customers and stakeholders."

LeasePoint Funding Group is committed to providing its customers with industry-leading speed and simplicity, and its continued growth is a testament to the company's dedication to this mission. With a team of experienced professionals and a commitment to innovation and technology, LeasePoint Funding Group is well-positioned to continue its growth and success in the equipment leasing and financing industry.

About LeasePoint Funding Group

LeasePoint Funding Group is one of the fastest-growing equipment finance companies in the country, setting a new standard for speed and simplicity. With significant equity backing, LeasePoint operates as a hybrid independent funder and lessor, enabling increased diversification, flexibility, and virtually unlimited funding.

With roots in Austin, Texas, LeasePoint leverages local expertise to develop a proprietary loan origination system that uses automated underwriting, one-page documents, and same-day funding to deliver the fastest and easiest process in the market.

To learn more, visit www.leasepoint.com or email help@leasepointfg.com