New software to expand Motolease financing options

Publish Date: 
Jul 12, 2013

LOS ANGELES, Calif. - Finance provider Westwood Group LLC has chosen NetSol Technologies' LeasePak-SaaS to automate the consumer leasing programs offered through the company's MotoLease subsidiary.

"LeasePak-SaaS's flexible and highly customizable design will enable us to effectively manage our rapidly growing lease portfolio as we continue to expand our dealer network and financial product offerings," said Emre Ucer, managing partner of Westwood Group.

LeasePak-SaaS is a subscription-based lease and loan accounting and portfolio management system designed to streamline asset-based finance operations from contract origination through end-of-term. MotoLease will use the LeasePak-SaaS platform to manage its back-end contract management processes.

"Through our SaaS deployment option, customers such as MotoLease can scale their systems as they grow, and enable originators, accounting staff, and managers to use any devices, anywhere, at any time to securely access their information and track asset finance performance,” said Najeeb Ghauri, CEO of NetSol.

Westwood Group is a privately held non-bank specialty finance company. Its wholly-owned subsidiary, MotoLease, designs financing solutions exclusively for the motorcycle and powersports markets.

Posted by Holly Wagner