Pacific Rim Capital, Inc. (“PRC”) has selected LeaseWave lease and loan management software by Odessa Technologies, Inc. (“Odessa”) to automate and administer their front office and back office processes. PRC is the nation’s largest independent lessor of material handling equipment with nearly $600 million in equipment under management and more than $1.4 billion in lease originations.
“Our value proposition is to deliver the best financial solution with the greatest flexibility, so our team works closely with each customer to craft a customized solution to meet their specific needs” says Eric Eckes, CFO at Pacific Rim Capital. “LeaseWave will enable PRC to leverage the power of technology to automate our highly customized services, fulfill our commitment to excellence and ensure that our customers experience a leasing process that is productive, problem free and second to none”.
“PRC’s business model is based upon differentiation through the provision of more customized and sophisticated products, individualized customer service and intimate knowledge of the assets being leased” says Brian Kwak, Project Manager at Odessa. “The LeaseWave suite is built using a true asset based design, with a 100% Services Oriented Architecture, offering the best-in-class platform for configuration, automation and integration with PRC’s other systems.”
Pacific Rim Capital is a global financial services company that provides equipment leasing and asset management services to the world’s largest and most prestigious companies. PRC is the United States’ largest independent lessor of material handling equipment. The company was established in 1990 and is located in Aliso Viejo, California.
Odessa Technologies is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, Pennsylvania and employs a staff of 300 people. Odessa is the developer of the LeaseWave suite of products, a fully integrated browser-based lease and loan management solution, providing an end-to-end origination and portfolio management system for equipment leasing and finance, vehicle leasing and fleet management companies.