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Canada's Magazine for Financing & Leasing Executives

June 25 , 2013

SNAP Financial Group selects LeaseWave

VANCOUVER--SNAP Financial Group has selected LeaseWave lease and loan management software by Odessa Technologies, Inc. to automate and administer their back office processes. The SNAP Financial Group of Companies includes various origination companies including; SNAP Home Finance, SNAP Commercial Finance, SNAP Auto Finance, and SNAP Premium Finance.

“SNAP is focused on the origination of small ticket transactions in markets where delivery of custom financial solutions is a critical value-added component of our sales proposition” says Kyle Wenn, COO at SNAP. “Cost effective servicing is critical to our success. Through seamless integration with diverse systems, automated processes and bulk servicing capabilities, LeaseWave will enable us to create a highly efficient platform and optimize our business model.”

“Successful execution of SNAP’s innovative growth strategy requires both replacement of their legacy systems with state of the art technology, and significant business process reengineering” says Michael Morris, Project Manager at Odessa. “Given the depth of our lease consulting expertise and the level of automation LeaseWave is capable of, Odessa is well positioned to help SNAP achieve their growth objectives.”

SNAP Financial Group is a leading Canadian provider of tailored financial solutions that empower its partners through a unique set of origination companies including; SNAP Auto Finance, SNAP Home Finance, SNAP Commercial Finance and SNAP Premium Finance. SNAP’s flexible delivery platform enables Manufacturers, Retailers and Dealer networks the ability to create compelling customer propositions, increase average sale price size and maximize their closing ratios. Headquartered in Vancouver, BC with offices in Toronto, ON, SNAP services the entire Canadian marketplace from coast to coast.

Odessa Technologies is a software company exclusively focused on the leasing industry. Odessa is the developer of the LeaseWave suite of products, a fully integrated browser-based lease and loan management solution, providing an end-to-end origination and portfolio management system for equipment leasing and finance, vehicle leasing and fleet management companies.



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