Cole Taylor Equipment Finance has selected LeaseWave lease and loan management software by Odessa Technologies, Inc. (“Odessa”) to automate and administer their front office and back office processes. Cole Taylor Equipment Finance is part of the Taylor Capital Group, the $4.8 billion bank holding company of Cole Taylor Bank, headquartered in Chicago, Illinois.

“We chose LeaseWave because it offers all the benefits of state of the art technology as well as very comprehensive functionality,” says Ed Dahlka, President of Cole Taylor Equipment Finance. “LeaseWave’s automation and integration capabilities will enable us to maximize productivity, provide quality customer service and compete effectively against the largest players in the leasing market.”

 “Although Cole Taylor Equipment Finance is a new division, the management team is very experienced and is executing on a complex business plan. They require the same sophistication and flexibility that our larger customers look for” says Jeff Lezinski, Vice President of Equipment Leasing at Odessa. “The LeaseWave suite is built using an entity-driven model with a 100% Services Oriented Architecture, offering the best-in-class platform for configuration, automation and integration with Cole Taylor’s other systems.”

Cole Taylor Equipment Finance is based in Towson, MD and led by Edward A. Dahlka, Jr., a nationally recognized industry leader and former President of LaSalle National Leasing with more than 40 years of leasing and equipment finance experience. Initially joining Dahlka at Cole Taylor Equipment Finance are industry veterans Steven Williams, Peter J. Steger, Joseph A. Maddox and John A. Hurt, who worked with Dahlka at LaSalle National Leasing. The business offers a full range of equipment finance options and specializes in originating and syndicating commercial equipment leases and loans for U.S. companies.