Clicklease, a Salt Lake City, UT-based fintech company providing payment solutions in the commercial equipment space, raised $63m in Series A funding.
The round was led by Sandlot Partners.
The company intends to use the funds to accelerate investment in technology, expand the team and improve the products to create the best experience for customers and its equipment selling partners.
Led by Bart Longson, founder and CEO, Clicklease enables innovative payment solutions for small and midsize business customers across the credit spectrum. The company leverages technology and proprietary algorithm to deliver instant approval decisions and same-day funding.