Clicklease LLC is an online provider of leasing solutions to equipment vendors across the U.S. Stephens Capital Partners (SCP) first partnered with the Clicklease team in 2015 when the company was focused on providing working capital solutions to small businesses.
As that market grew more competitive and the impact of COVID-19 made originations difficult, the company refocused its efforts on equipment leasing solutions. SCP has invested alongside management in several rounds of financing to provide capital for origination growth, investments in the technology platform, and additions to the management team.
Clicklease is focused on assisting its vendor/partners by providing an alternative financing solution to their customers for equipment purchases, generally below $20,000. Clicklease offers a solution that is easy for the customer to use, provides quick approvals and funding, has attractive terms, and utilizes a simple technology interface. Clicklease has approximately 200 employees in Salt Lake City, Utah, and Costa Rica.