Clicklease, a financial technology company providing payment solutions in the commercial equipment space, closed $63 million in Series A funding led by Sandlot Partners.

“We are absolutely thrilled that Sandlot has decided to invest in Clicklease,” Bart Longson, founder and CEO of Clicklease, said. “These funds will allow us to accelerate our investment in our already industry-leading technology, expand our team and improve our products to create the best experience for customers and our equipment selling partners.”

Clicklease enables payment solutions for small and midsize business customers across the credit spectrum. Clicklease will continue to deliver on its vision of making commercial equipment finance a value-added sales tool rather than a painful, slow and unreliable process.

Headquartered in Salt Lake City, Clicklease is disrupting the commercial micro-ticket equipment finance space with its technology and proprietary algorithm, delivering instant approval decisions and same-day funding.

“We couldn’t be more pleased to partner with Bart and Clicklease,” Casey Baugh, managing partner at Sandlot Partners, said. “This deal well represents Sandlot’s investment strategy to back exceptional founders running exceptional businesses.”