JLG to Outsource Leasing Financial Programs

Seismiq Inc., a company focused on providing the equipment-leasing marketplace with full life cycle, lease-management software solutions, last week announced that it will provide business process outsourcing services to the financial services group of JLG Industries Inc., McConnellsburg, Pa. Seismiq's BPO services provide the resources to support lease portfolio operations and customer service processes from transaction origination through termination.

San Bruno, Calif.-based Seismiq will provide JLG with origination and back office/lease administration services. Origination services will include application processing, pricing, automated credit information as well as documentation generation and management.

JLG over the next several months will deploy the full Seismiq product solution, including implementation of Linq-IT, Seismiq's fully automated origination product, and Traq-IT, which will support JLG's lease management needs.

According to Robert A. Lever, managing director of JLG Financial Services, "With Seismiq's significant equipment leasing experience as a key component supporting JLG's financial needs."

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