Equipment Finance
Software for Lessors
TURBO-Lease™ is equipment finance software designed for lessors that service equipment lease portfolios. It combines lessor accounting with billing, payment processing, collections and portfolio reporting.
Equipment Finance Accounting
TURBO-Lease™ provides ASC 842 lessor accounting for equipment finance companies, supporting direct financing, sales-type and operating leases throughout the life of the lease.
- ASC 842 Lessor Accounting
- Equipment & Vehicle Lease Portfolios
- Direct Financing Leases
- Sales-Type Leases
- Operating Leases
- Optional Simple Interest Loans Module
Equipment Finance Servicing
Once an equipment lease is booked, TURBO-Lease™ provides the tools needed for ongoing lease servicing, including lease billing, payment processing, collections management, customer account management and portfolio reporting.
- Online Payment Portal
- ACH / EFT Lease Payment Processing
- Automated Lease Billing by Email
- Lease Invoices & Statements
- Collections & Delinquency Management
- Lease Portfolio Reporting
- Lockbox Payment Imports
What Is Equipment Finance Software?
Equipment finance and equipment leasing software help lessors manage the accounting and servicing of equipment and vehicle lease portfolios. TURBO-Lease™ is designed as lease servicing software for the post-booking side of equipment finance, providing lessor accounting, lease billing, payment processing, collections and portfolio reporting throughout the life of the lease.
Equipment Finance Portfolio
Accounting & Servicing
See TURBO-Lease™ Equipment
Finance Software in Action
