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TimePayment

Grow Your Business With Our Financing And Technology Tools.

Founded 1986 United States Burlington, United States 171 employees Debt Financing Total: $375.00M E-Commerce, Finance +1

General Information

Company Name TimePayment
Founded Year 1986
Location United States Burlington, United States +1
Employees 171
Industries E-Commerce, Finance, Financial Services
Funding Stage Debt Financing
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About TimePayment

TimePayment is a prominent player in the e-commerce, finance, and financial services industries, with a focus on providing cutting-edge financing and technology solutions to bolster business growth. Established in 1986 and headquartered in the United States, the company has positioned itself as a leader in the market for equipment lease financing. With a commitment to leveraging technology to streamline processes, TimePayment equips equipment sellers and financial intermediaries with the means to swiftly deliver paperless lease financing to their clientele. A standout feature of TimePayment is its proprietary credit scoring and risk-based transaction model, which enables the provision of competitive lease financing solutions across the credit spectrum. This allows them to cater to a diverse clientele, ranging from Fortune 500 companies to small business start-ups. As of the latest available data, TimePayment proudly serves over 100,000 active accounts, facilitating transactions that span from $500 to over $500,000. Notably, the company secured a significant achievement with a recent $375.00M Debt Financing investment on August 31, 2022. This injection of capital marks a pivotal moment for TimePayment as it ramps up its capabilities and solidifies its position in the market. Although the specifics of the investors involved in this latest investment are currently undisclosed, it nevertheless underscores the confidence and support garnered by TimePayment within the investment community. In conclusion, TimePayment's focus on innovation, diverse market reach, and substantial recent investment make it a compelling entity to watch in the dynamic landscape of finance and technology. With its robust foundation and forward-looking approach, the company seems poised for continued success and potentially disruptive advancements within its sector.

Taxonomy: equipment leasing, equipment financing, credit scoring, risk-based transactions, small business financing, capital solutions, vendor programs, online approval, fast funding, technology tools, cash flow management, credit profiles, equipment sellers, lease financing

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• - 31 Aug 2022

TimePayment Alternatives & Competitors

TimePayment vs
Ironwood Finance
Ironwood Finance United States

Ironwood Finance provides hassle-free funding to grow your business

18 employees
Finance, Financial Services
TimePayment vs

Equipment Financing, Leases, and Loans

6 employees
Financial Services, Lending and Investments
TimePayment vs

Established in 1982, Pawnee Leasing specializes in equipment leasing and financing up to $250,000/$3...

81 employees
Financial Services

FAQ About TimePayment

Grow Your Business With Our Financing And Technology Tools.
TimePayment was founded in 1986.
TimePayment is headquartered in Burlington, United States.
TimePayment operates in the following industries: E-Commerce, Finance, Financial Services.
TimePayment has approximately 171 employees.
TimePayment has completed 1 funding round, raising a total of $375.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to TimePayment include Ironwood Finance, Old National Equipment Finance, a division of Old National Bank, Pawnee Leasing Corporation, Jupiter Equipment Finance, Madison Capital, LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TimePayment and Ironwood Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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