LeaseSPARK Overview

A modern, cloud-based, end-to-end solution for asset finance origination,
credit adjudication, booking, and servicing.

Origination

  • Create and maintain accounts, contacts, vendors, and schedule key activities with reminders and notifications
  • Track deal pipeline in real-time on an interactive and visual dashboard; all within a configurable origination workflow with customized stages
  • Support for hierarchical sales models allowing for roll-ups and delegation
  • Built-in financial calculation using the industry standard TValue™ Engine

Origination

  • Create and maintain accounts, contacts, vendors, and schedule key activities with reminders and notifications
  • Track deal pipeline in real-time on an interactive and visual dashboard; all within a configurable origination workflow with customized stages
  • Support for hierarchical sales models allowing for roll-ups and delegation
  • Built-in support for time value of money calculations essential to compute all financial characteristics of a deal

Adjudication & Booking

  • Task based view of all remaining activities to underwrite and book a deal
  • Robust modeling and credit analytics including: financial spreading, configurable scoring, and storage of key financial information
  • Fully configurable credit adjudication framework with multiple layers of approvers
  • Powerful document creation engine allowing for the definition of forms, closing docs, insurance docs, and registration of security interest featuring fully integrated e-Signature capability

Adjudication & Booking

  • Task based view of all remaining activities to underwrite and book a deal
  • Robust modeling and credit analytics including: financial spreading, configurable scoring, and storage of key financial information
  • Fully configurable credit adjudication framework with multiple layers of approvers
  • Powerful document creation engine allowing for the definition of forms, closing docs, insurance docs, and registration of security interest featuring fully integrated e-Signature capability

Servicing

  • Comprehensive support for ongoing billing and automated collections along with periodic PayNet reporting
  • Easily prepare buyout quotations and effect necessary processing upon termination, including invoicing and accounting events
  • End-of-term workflow management to ensure all requisite actions are taken
  • Automated internal ledger accounting support for ongoing collections, payouts and other cash and accrual events within the business lifecycle

Servicing

  • Comprehensive support for ongoing billing and automated collections along with periodic PayNet reporting
  • Easily prepare buyout quotations and effect necessary processing upon termination, including invoicing and accounting events
  • Collateral management module for remarketing and realization activities
  • Automated internal ledger accounting support for ongoing collections, payouts and other cash and accrual events within the business lifecycle

Why LeaseSPARK?

Complete Package of Functionality

Full-range of functionality from origination and underwriting through to servicing in an affordable, turnkey solution designed for small to medium-sized independent asset finance companies.

Cloud First Design & Data Analytics Enabled

LeaseSPARK is based on leading-edge cloud technology enabling desktop and mobile usage anywhere. Access and present data on your own terms with embedded analytics and reporting.

Experienced Vendor Providing Outstanding Customer Service

With our deep-rooted experience in credit asset funding, along with a history of successful project delivery, you can be assured of outstanding customer service and our commitment to your success.

Strong Understanding of the Needs of the Canadian Market

LeaseSPARK is built to address the unique needs of Canadian originators and finance companies, backed with a local presence responsive to your specific business requirements.