CAPITAL PLACEMENTS | FINTECH | EQUIPMENT FINANCING
$40 Million Incremental Funding for Rapid Expansion
LeasePoint Funding Group is an Austin, Texas-based fintech company dedicated to simplifying the equipment financing process for businesses across the U.S. LeasePoint’s proprietary loan origination and servicing platform features automated underwriting and same-day funding, capable of underwriting, originating, and servicing transactions up to $300,000 automatically. The company serves device manufacturers and business owners seeking fast, flexible equipment capital solutions.
Despite a difficult macroeconomic environment, LeasePoint continued to grow exponentially, driven by a commitment to fast, efficient financing and a proprietary technology platform. With demand for structured vendor finance programs at an all-time high and significant additions to the executive team in 2024, LeasePoint recognized the need for additional capital to continue scaling its operations and meet increasing market demand.
Westlake’s Role: Westlake Securities served as the financial advisor to LeasePoint on the capital raise, leveraging deep industry expertise and strategic advisory capabilities to identify the right capital partner, structure the facility, and bring the transaction to close.
The Outcome: LeasePoint secured $40 million of incremental funding from Altriarch Asset Management, a firm focused on providing non-bank commercial lenders with streamlined access to tailored lender financing solutions. The facility provides LeasePoint with the capital needed to sustain its growth trajectory, expand its proprietary origination platform, and continue meeting increasing demand from vendors and business owners across the U.S.
Capital Placement
Incremental Funding Facility
FinTech
Equipment Financing
Capital Partner
Altriarch Asset Management