ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

TimePayment Announces New Leadership Appointment

Posted 11/02/2020
VanBuren to lead Business Development for Company’s Food & Beverage Finance unit


BURLINGTON, Mass. (11.2.20)
– TimePayment, an award-winning FinTech company specializing in multi-channel equipment finance, has announced the appointment of Sandra VanBuren to the position of Director of Business Development for the company’s Food & Beverage Finance unit.  In this role, she will lead the development of new partner relationships and execute strategic initiatives focused on client marketing innovations and loyalty programs.

Sandra joins TimePayment from her role as Director of Dealer Relations & Services at SEFA LLC, a national consortium of prominent restaurant equipment manufacturers, dealers, and suppliers. There, through strategic partnerships developed in technology, finance, and operations, she led the deployment of a professional services suite that dynamically improved both the operations and value of the SEFA member base.  Earlier in her career, Sandra held positions with Arthur Anderson, Central Salt, Interoceanic Corp, JBFCS, and Glencore. She graduated from the Lubin School of Business at Pace University with a BBA in Accounting.

“I am honored and excited by the opportunity to be joining TimePayment at such an important time. The restaurant and food services industry is facing unprecented challenges with COVID.  Equipment sellers need the kind of help that an innovative and well-funded market leader like TimePayment can provide” said VanBuren. “And I am truly looking forward to working with the team of knowledgeable and talented professionals to bring real solutions to the market.”

Cory Damm, VP & General Manager of TimePayment’s Food & Beverage Finance unit, said, “Sandra is a great addition to our team of restaurant finance specialists. Her experience with SEFA brings a unique client-side perspective and, when combined with her finance and operations experience and acumen, she’s a perfect fit for this important role.  Her appointment at this time underlines our strong and continuing commitment to provide financing and technology solutions to the restaurant and food services sector.

About TimePayment

TimePayment is a Boston-based FinTech company owned by affiliates of Fortress Investment Group, a leading, highly diversified global investment manager. Fortress is owned by SoftBank Group Corp. (TOKYO: 9984), a global technology investor focused on advancing the Information Revolution by forming long-term partnerships with the most superior companies in the information industry. 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 TimePayment.com