FinTech company providing payment solutions in the commercial equipment space Clicklease raised $63m in Series A funding led by Sandlot Partners.
The company intends to use the funds to accelerate investment in technology, expand the team and improve the products to create the best experience for customers and its equipment selling partners.
Led by Bart Longson, founder and CEO, Clicklease enables innovative payment solutions for small and midsize business customers across the credit spectrum. The company leverages technology and proprietary algorithm to deliver instant approval decisions and same-day funding.
Commenting on the funding, Longson said, “These funds will allow us to accelerate our investment in our already industry-leading technology, expand our team and improve our products to create the best experience for customers and our equipment selling partners.”
“We couldn’t be more pleased to partner with Bart and Clicklease,” said Casey Baugh, Sandlot Managing Partner. “This deal well represents Sandlot’s investment strategy to back exceptional founders running exceptional businesses.”
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