LeasePoint Funding Group secured $40 million of incremental funding from Altriarch Asset Management (“Altriarch”). Westlake Securities, an Austin-based Investment Bank, was instrumental in orchestrating the capital raise, leveraging their deep industry expertise and strategic advisory to secure the necessary funding for LeasePoint's continued trajectory. The facility will support LeasePoint’s rapid expansion in the equipment financing industry, providing essential capital to sustain its growth and meet increasing demand from device manufacturers and business owners seeking equipment capital solutions.

LeasePoint continues to grow exponentially, despite a difficult macroeconomic environment. Driven by its commitment to providing fast, efficient financing solutions to businesses across the U.S; LeasePoint’s exclusive software platform can underwrite, originate, and service transactions up to $300k, automatically. With the equipment financing market set to expand, LeasePoint recognized the need for additional capital to continue scaling its operations.

“We’ve made significant additions to our executive team in 2024 and continue to develop our proprietary origination platform,” said Jeff Markim, Founder & CEO of LeasePoint. “Demand for structured vendor finance programs with LeasePoint has never been higher. This strategic partnership with Altriarch will accelerate our continued growth and improve our overall capabilities.”
 
Danielle Brown, Managing Partner and Co-CEO of Altriarch, commented, “We’re thrilled to be a part of LeasePoint’s growth story. Their impressive pace and commitment to innovation in equipment financing align perfectly with our focus on empowering non-bank commercial lenders. This facility ensures that LeasePoint has the capital it needs to continue its rapid expansion.”