# TimePayment

> TimePayment is a US commercial equipment finance company that gives businesses monthly-payment options and equips vendors and brokers with digital applications, credit decisions, quoting tools and account support. Its focus is small and micro-ticket transactions, including businesses with limited or challenged credit histories.

- **Founded:** 1986
- **Headquarters:** Woburn, United States
- **Products:** Commercial equipment lease financing, Fair Market Value lease, Lease With Purchase Option, InfoHub, QuickQuote
- **Notable:** Reported its millionth cumulative equipment lease in January 2023., Announced an increase in the automated approval limit for qualified applicants from $15,000 to $25,000 in January 2023., QuickSpark acquisition announcement in 2022 described 3,500 vendors and 500 deep e-commerce integrations.

## Products & services

- **Commercial equipment lease financing** — Monthly-payment financing for new and used business equipment, including small-ticket transactions and eligible startups.
- **Fair Market Value lease** — End-of-term choices include buying, returning equipment or continuing monthly rental, subject to the agreement.
- **Lease With Purchase Option** — Published program offers purchase after scheduled payments for three additional monthly payments or an equivalent buyout; return and continued-rental options also exist.
- **InfoHub** — Partner portal for applications, deal tracking, quotes and document workflows.
- **QuickQuote** — Lease-payment calculator for equipment buyers and sellers.
- **MyAccount Manager** — Online customer account-management portal.
- **Website integration and digital sales tools** — Embedded financing tools and applications for equipment sellers’ websites.
- **Private-label and back-office programs** — Vendor-branded financing support, billing, processing and customer service.
- **financ.ing** — Online finance application introduced jointly by TimePayment and QuickSpark.

## Achievements

- Reported its millionth cumulative equipment lease in January 2023.
- Announced an increase in the automated approval limit for qualified applicants from $15,000 to $25,000 in January 2023.
- QuickSpark acquisition announcement in 2022 described 3,500 vendors and 500 deep e-commerce integrations.

## Latest updates

- **2026-09** — Named Joanna Markos chief revenue officer; she returned in 2025 after leaving in 2023.
- **2025-10** — Stephens reports that Fortress-managed affiliates completed the divestiture of TimePayment on October 17, 2025; its transaction page does not identify the buyer.
- **2024-05** — Centra Funding acquired the LeaseQ Restaurant and Franchise Team and associated platform from TimePayment, with an ongoing microticket financing partnership announced.

## Links

- Website: https://timepayment.com/
- LinkedIn: https://www.linkedin.com/company/timepayment/
- Twitter/X: https://twitter.com/timepayment
- Facebook: https://www.facebook.com/TimePayment/

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Profile page: https://yespress.io/timepayment
Published by YesPress — https://yespress.io
Last updated: 2026-10-26