Leasepath announced the successful launches of three customers in the greater Los Angeles, CA, area, all independent finance companies leveraging the full Leasepath product capabilities. Leasepath is also announcing the opening of a new office in Los Angeles. The location will serve as the new center of Leasepath’s U.S. operations moving forward. Along with an office in Toronto and a satellite location in London, Leasepath Los Angeles will serve as a hub for accommodating Leasepath’s growth and to leverage the region’s diverse talent pool.

“We’ve had tremendous growth in 2020 and in addition to these customer implementations we’ll soon be sharing details of several more customer wins already this year,” said Jeffrey Bilbrey, CEO of Leasepath said. “As our business continues to grow, we will make choices to benefit Leasepath customers first, and for us that means broadening our geographical footprint to better serve our customers. Expanding our physical presence was a logical next step, and we’re excited by what the rest of 2020 as Leasepath continues to grow!”

The new location corresponds with the new equipment finance companies going live on Leasepath in recent weeks, as well as with the appointment of Bilbrey, who lives in California, as CEO earlier this year.

“The greater Los Angeles region is a natural fit due to the growing concentration of Leasepath customers near the west coast, but also because of the local drive towards a culture of innovation," said Bilbrey. “We’ve already done significant hiring this year and we’re very excited to have more opportunity to bring in talent to serve our valued customers.”

Leasepath is the intelligent workplace solution for Customer Engagement (CRM) and Origination (LOS) built exclusively for asset finance industry, serving Banks, Independent Finance, Captive Finance and Brokers.