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ELFA | Cole Taylor Equipment Finance Goes Live With LeaseWave® from Odessa Technologies

Industry News: Around the Industry

Cole Taylor Equipment Finance Goes Live With LeaseWave® from Odessa Technologies

Cole Taylor Equipment Finance announced the implementation of the LeaseWave technology platform from Odessa Technologies, Inc. The software is designed to create efficiencies for leading companies by automating the operations of lease and loan originations and the underlying assets.

Cole Taylor Equipment Finance announced the implementation of the LeaseWave technology platform from Odessa Technologies, Inc. The software is designed to create efficiencies for leading companies by automating the operations of lease and loan originations and the underlying assets.

“LeaseWave provides Cole Taylor Equipment Finance with a highly scalable platform capable of supporting not only their current needs, but has the potential to support future growth plans.” says Kate Majewski, Senior Vice President, Program Management at Odessa. “We are very excited to provide Cole Taylor Equipment Finance with this highly-competitive technology.”

About Cole Taylor Equipment Finance

Cole Taylor Equipment Finance is a subsidiary of Cole Taylor Bank. Cole Taylor Equipment Finance seeks direct equipment lending opportunities and syndicated deals in the $2 million to $20 million range.

Cole Taylor Bank is a commercial bank headquartered in Chicago with assets of $5.9 billion as of June 30, 2013 and is a wholly-owned subsidiary of Taylor Capital Group, Inc. (NASDAQ: TAYC). For more than 80 years, Cole Taylor Bank has been successfully meeting the banking needs of closely-held companies and the people who own and manage them by focusing on a relationship-based approach to business. Through its national businesses, Cole Taylor provides a full range of financial services, including asset based lending, commercial equipment financing, and residential mortgage lending. Visit www.coletaylor.com .

About Odessa Technologies, Inc.

Odessa Technologies is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, Pennsylvania and employs a staff of 325 people. Odessa is the developer of the LeaseWave suite of products, a fully integrated browser-based lease and loan management solution, providing an end-to-end origination and portfolio management system for equipment leasing and finance, vehicle leasing and fleet management companies. The LeaseWave suite is specifically engineered to be configurable to accommodate even the most complex business model, as evidenced by Odessa’s diverse customer base. Learn more about Odessa Technologies, Inc. and its services by visiting http://www.odessatech.com .

 

 

Sites of Reference:
http://www.odessatech.com

Contact Name: Jim Humphrey
Organization Name: Odessa Technologies, Inc.
Phone Number: 215-231-7170
Fax Number: 215-231-9848
E-mail: jim.humphrey@odessatech.com