Pacific Rim Capital, Inc. (“PRC”) has gone live with LeaseWave lease and loan management software by Odessa Technologies, Inc. (“Odessa”). 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.
“PRC has become a leader in material handling equipment leasing by offer distinct advantages over other leasing and financial companies, with valuable benefits that make a huge difference in the equipment leasing experience” says Eric Eckes, CFO at Pacific Rim Capital. “The investment in LeaseWave will enable us to add exciting new capabilities and continue to extend our leadership position.”
“More and more leasing companies like PRC are viewing technology as a competitive advantage” says Jay Chlebowski, Business Architect at Odessa. “The LeaseWave suite offers a unique combination of functional comprehensiveness and industry-leading technologies, providing the best-in-class platform for end-to-end lease management.”
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 350 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. The LeaseWave suite is specifically engineered to be configurable to accommodate even the most complex business model, as evidenced by Odessa’s diverse customer base.