Funding & Syndication

As lease portfolio management software, LeaseWave accommodates various funding models. Leases may be sold one-off by discounting all or part of future cash flows. Leases can also be packaged, such that a group of cash flows may be sold. In all instances, more than one participating funding source may be involved. Sold leases may be bought back and resold any number of times, as long as there are outstanding payments to sell. Specialized vendor-based funding where the vendor may participate in different ways is also managed.

In addition to sale-based funding, LeaseWave’s lease portfolio management capability handles debt-based funding where future payment streams are collateralized for loans. The system manages associated loans, their repayment and interest payments. As in the case of sold leases, loans may also be repaid prematurely and new ones re-established against the same payment stream any number of times. All the relevant accounting behind each funding method is automatically carried out.

Discount any stream of outstanding future cashflows

• LeaseWave maintains each lease rental payment with its own balance
• As long as there are outstanding balances, they can be discounted
• Not all payments need to be included (for ex: upfront payments can be excluded)

Participate multiple funding sources in one transaction

• Set up an unlimited number of participating funding sources
• Each participating source can be associated with a different buy rate
• LeaseWave automatically calculates requisite schedules against each source

Buy back any sold payment stream and re-discount any number of times

• Automatically reinstate lease into lessor’s books
• The system automatically makes all adjusting accounting entries

Continued portfolio management and servicing of sold leases

• Automatically adjust accounting to reflect sold lease that is serviced
• Bill, collect and post payments on sold leases just like any other that are lessor-owned
• Set up private labeled billing if desired
• Generate appropriate payable entries on collections
• Readily determine how much is owed to each funding source

Allow funding sources access to real time information on sold leases

• An exclusive portal is dedicated to funding sources
• Control and restrict the level of access given

Package leases together for syndication

• Set up automated rules to select leases that match syndication criteria
• Create and analyze packages of leases for pooled syndication
• Continue servicing funded leases
• Flexibly accommodate restructures and payoffs of syndicated leases

Raise debt against future payment streams

• Discount future streams to set up a loan against them
• Automatically manage accounting behind interest and loan related entries

Payoff loans and re-finance any number of times during term of the lease

• Buy back leases sold leases
• Automatically carry out the accounting and other regulatory ramifications
• Refinance/ resell leases individually or as part of another syndication package