PLANO, Texas, May 07, 2024 (GLOBE NEWSWIRE) -- Centra Funding, LLC ("Centra"), a nationwide independent equipment finance company that is a subsidiary of CV Holdings, Inc., is pleased to announce that it has acquired the LeaseQ Restaurant and Franchise Team, together with its associated LeaseQ equipment finance platform, from TimePayment Corp. ("TimePayment"). Centra will continue to partner with TimePayment to provide instant approvals for microticket restaurant and franchise transactions. This strategic initiative underscores Centra's commitment to the foodservice industry and its dedication to providing unparalleled financing solutions and support.
Under the new Centra Culinary Finance brand, the existing experienced team, headed by Sandra VanBuren and Kim Lorang, will continue to deliver top-notch customer service, foster strong partnerships and champion the growth and success of the foodservice industry using the LeaseQ platform. Founded in 2011, LeaseQ is an online marketplace which serves businesses who can apply directly for equipment financing, equipment dealers seeking an integrated financing solution at the point of sale and finance companies seeking applications tailored to their ...