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Cathedral Leasing

Cathedral Leasing is a financial technology company launching the largest equipment leasing marketplace, matching companies that seek to lease equipment with lease financing firms. We are to the equipment leasing industry what LendingTree is to mortgage lending.

Companies need equipment in order to grow. Purchasing equipment consumes precious cash. Bank financing of equipment shows up as debt on a company’s balance sheet. That’s why 80% of all companies in the U.S. elect to lease equipment, rather than purchase. Leasing allows companies to enjoy tax advantages and to upgrade equipment periodically, staying technologically competitive.

 

Cathedral Leasing is a financial technology company launching the largest equipment leasing marketplace, matching companies that seek to lease equipment with lease financing firms. We are to the equipment leasing industry what LendingTree is to mortgage lending. Here’s how it works: Companies apply to lease equipment via our online application. Cathedral’s proprietary algorithms score and qualify each applicant according to our finance partners’ underwriting criteria. Finance partners are alerted, and provided an approval-ready loan package for authorization. Our applicants receive multiple lease offers from multiple leasing firms, ensuring that they get the best deal possible.

 

Cathedral’s algorithms and scoring methodology are being beta tested with commercial lending institutions across the country, having been used in 100+ loan evaluations for $40 Million+ in loans. Cathedral is developing the online marketplace in collaboration with a strategic partner and pioneer in the online lending industry, leveraging a platform that is proven to be the market leader. We employ a lead generation revenue model featuring multiple revenue streams: referral fees, closed loan fee (2% of transaction value), and industry data analytics.

 

Equipment leasing represents an $827 Billion industry and spans manufacturing, software, agricultural, construction, medical and transportation sectors. The manufacturing sector serves as the initial target market, as manufacturers bringing manufacturing and production back to the US to enhance productivity. These productivity gains are achieved through automation, which continues to drive equipment sales higher. Cathedral is certified in manufacturing by the Society of Manufacturing Engineers and maintains an expansive global network of small to large corporations and a database of over 190,000 high-value corporate targets.