Cory Damm will guide future sales strategy & automation for the market leader
in micro-ticket equipment financing
BURLINGTON, Mass. (October 30, 2018) – TimePayment, an award-winning FinTech company is announcing that Cory Damm has been promoted to the newly created position of Vice President of Business Development and Marketing. With a long track of success in financial services technology, Damm will lead TimePayment’s marketing and sales strategy to drive improved sales processes, automation, and program development to better serve the equipment financing needs of buyers, sellers and brokers.
“We are excited to have Cory in an expanded executive role with TimePayment, where his many years of experience both developing enterprise relationships and driving sales automation will accelerate our growth and provide the superior support our partners deserve,” said Jay Haverty, President and Chief Operating Officer of TimePayment.
Damm joined TimePayment earlier this year as Director Business Development and has played an important role in the record growth underway at the company. Before TimePayment, Damm was the Vice President and first employee at LeaseQ, a FinTech marketplace platform that brought together equipment buyers, vendors, and lenders. There, Damm created and managed all sales strategy and vertical industry teams. Additionally, Damm led the development of a custom Salesforce instance built to support the marketplace and its participants. Prior to LeaseQ, Damm founded LenderCloud, an online application for the exchange of commercial debt that delivered a proprietary reverse auction bidding solution. At LenderCloud, Damm provided leadership in technology, sales, and business development. Damm began his career with positions at Direct Capital Corporation and as a capital consultant in middle-market lending.
“It’s great to be part of a such a well-positioned company. An early pioneer in the equipment financing industry, TimePayment is ready to lead the future of equipment finance automation,” said Damm. “I’m eager to bring my experience helping equipment sellers increase their business with financing and technology to such an exciting opportunity.“
Learn more and get an equipment financing quote at www.TimePayment.com.
About Cory Damm
Cory is responsible at TimePayment for driving strategic sales and marketing strategy, managing institutional and strategic partnerships, improving sales automation, and developing new sales processes to accelerate the company’s growth. With more than a decade of experience in financial services technology, Cory has worked in various leadership roles in equipment financing companies such as LeaseQ and Direct Capital Corporation.
TimePayment is a Boston-based FinTech company owned by affiliates of Fortress Investment Group and its parent, SoftBank Group, a global technology investor with over $250 billion of assets under management. With a track record of market-leading innovation that spans over 31 years, 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. Learn more at www.TimePayment.com
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