TimePayment promoted Cory Damm to the newly created position of vice president of Business Development and Marketing. With a long track of success in financial services technology, Damm will lead TimePayment’s marketing and sales strategy to drive improved sales processes, automation, and program development to better serve the equipment financing needs of buyers, sellers and brokers.

“We are excited to have Cory in an expanded executive role with TimePayment, where his many years of experience both developing enterprise relationships and driving sales automation will accelerate our growth and provide the superior support our partners deserve,” said Jay Haverty, president and chief operating officer of TimePayment.

Damm joined TimePayment earlier this year as director Business Development and has played an important role in the record growth underway at the company. Before TimePayment, Damm was the vice president and first employee at LeaseQ, a FinTech marketplace platform that brought together equipment buyers, vendors and lenders. There, Damm created and managed all sales strategy and vertical industry teams. Additionally, Damm led the development of a custom Salesforce instance built to support the marketplace and its participants. Prior to LeaseQ, Damm founded LenderCloud, an online application for the exchange of commercial debt that delivered a proprietary reverse auction bidding solution. At LenderCloud, Damm provided leadership in technology, sales and business development. Damm began his career with positions at Direct Capital Corporation and as a capital consultant in middle-market lending.

“It’s great to be part of a such a well-positioned company. An early pioneer in the equipment financing industry, TimePayment is ready to lead the future of equipment finance automation,” said Damm. “I’m eager to bring my experience helping equipment sellers increase their business with financing and technology to such an exciting opportunity.”