Technology Finance
Technology Finance Corporation is a Scottsdale-based IT equipment and software leasing company offering application-only financing, automated credit scoring, and bundled payment plans to SMBs, mid-market firms, and Fortune 100 enterprises across the United States.
- Company typePrivate
- Founded2004
- HeadquartersScottsdale, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Technology Finance does
Technology Finance Corporation (TFC) is a Scottsdale, Arizona-based IT equipment and software financing company founded in 2004 by Kevin Pruett (CEO) and Jeff Miller (COO). The firm provides leases and loans for technology acquisitions — including data center hardware, laptops, tablets, peripherals, software licenses, SaaS subscriptions, and IT services — across SMB, mid-market, and Fortune 100 customers in the United States, with transaction sizes ranging from $25,000 to $10,000,000 and terms of 12 to 60 months structured as either Fair Market Value or $1 Buy Out leases.
At the technology layer, TFC operates an application-only credit processing platform with proprietary auto-scoring that delivers approvals in 24-48 hours for transactions up to $1.5 million without requiring formal financial statements, supporting an approximately 80% approval rate versus a 50-60% industry average for traditional lenders. The product surface spans equipment leasing, software/SaaS financing, services/consulting financing, bundled hardware+software+services payment plans, and a Customer Intelligence Database that provides VAR and vendor partners with financing activity and installed-base intelligence.
Revenue is generated primarily through recurring monthly lease payments (interest income on financed receivables) plus origination and transaction fees; the GTM combines channel partnerships with VARs and major OEMs (Microsoft, CDW, PureStorage, Cisco, Barracuda), a dedicated direct sales motion for enterprise and Fortune 100 accounts, and an inside-sales, application-only flow for mid-market. TFC has cumulatively funded over $2.5 billion in transactions and operates as a subsidiary of Kingsbridge Holdings (majority-owned by TZP Group and ultimately controlled by Solar Capital Ltd., Nasdaq: SLRC, following a $216M 2020 acquisition), with combined AUM above $1 billion. The company maintains a field footprint across eight US markets and runs a compact team (11-50 employees).
Technology Finance firmographics
Firmographics- Name
- Technology Finance
- Legal name
- Technology Finance Corporation
- Website
- https://techfinanceco.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Technology Finance Corporation is a Scottsdale-based IT equipment and software leasing company offering application-only financing, automated credit scoring, and bundled payment plans to SMBs, mid-market firms, and Fortune 100 enterprises across the United States.
- Ownership category
- akta.pro rank
Technology Finance industry classification
Industry- Product category
- Technology Equipment Leasing and Financing
- NAICS
- Sales Financing (52222)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Corporate Cards & Spend Controls (FSAGAJAF)
Keywords
Where Technology Finance is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices9 records
Markets served
Technology Finance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Equipment Leasing: TFC generates revenue through equipment leasing transactions, providing financing for IT infrastructure including data center components, laptops, tablets, monitors, printers, copiers, and scanners. Revenue is generated through interest and fees on lease agreements.
- Software Financing: Financing solutions for software including cloud-based SaaS solutions, software renewals, and subscriptions, providing flexible payment options for technology acquisitions.
- Managed Services Financing: Financing for IT consulting and training expenditures, bundling services into overall payment plans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Application-Only Financing up to $1,000,000 |
| Other | Monthly | Expedited Financing up to $1,500,000 |
| Other | Monthly | Full Equipment and Software Bundling |
| Other | Monthly | Transaction Size Range |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Technology Finance product offering
Product offeringCore offering
Technology Finance Corporation (TFC) finances IT equipment, software, and related services for U.S. businesses through leases and loans. Its portfolio covers data center components, laptops, tablets, monitors, printers, copiers, scanners, 100% software (SaaS subscriptions and renewals), and IT consulting/training, structured with 12-60 month terms, Fair Market Value or $1 Buy Out options, and bundled hardware/software/services payment plans. An automated auto-scoring system approves transactions up to $1.5M within 24-48 hours without financial statements, paired with an approximately 80% approval rate versus a 50-60% industry average.
Product overview
Technology Finance (TFC) offers a comprehensive technology financing platform that provides flexible leasing and financing solutions for IT equipment, software, and services. The core offering consists of equipment leasing (data center, laptops, tablets, peripherals), software financing (subscriptions, renewals, SaaS), and services financing (consulting, training). Key product differentiators include application-only approvals up to $1 million without financial statements, automated credit decisions in 24-48 hours, bundled payment plans combining multiple technology components, and flexible FMV or $1 Buy Out lease structures with terms from 12-60 months. TFC operates independently from manufacturers, allowing customers to source from any vendor. Additional services include customer intelligence database access for partners and equipment refresh/migration support during lease terms.
Differentiator
Problem solved
Functional benefit
Products and services
- Technology Equipment Leasing Flexible financing solutions for IT equipment including data center components, laptops, tablets, monitors, printers, copiers, and scanners, structured as Fair Market Value (FMV) or $1 Buy Out leases with 12 to 60 month terms for U.S. businesses.
- Software Financing Financing solutions for 100% software including renewals, subscriptions, and cloud-based SaaS solutions, covering software license renewals and new subscriptions for U.S. businesses.
- Services and Consulting Financing Financing for IT consulting, training expenditures, and other professional services bundled with technology solutions for U.S. businesses.
- Application-Only Financing Program Expedited credit approval program allowing customers to secure up to $1,000,000 (with auto-scoring up to $1,500,000) in technology financing without providing multiple years of financial statements, using publicly available data and automated credit decisions in 24-48 hours.
- Customer Intelligence Database Service Subscription database service providing VAR and vendor partners with insights into customer and prospect financing activity, installed-base details, and technology manufacturers, helping partners identify upgrade and refresh opportunities.
Quantifiable outcome
- 80% approval rate compared to 50-60% industry average for traditional lenders
- +3 more outcomes
Companies that use Technology Finance
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles7 records
Technology Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Technology Finance partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered major and minor.
- MicrosoftmajorTFC provides financing solutions for Microsoft enterprise agreements and products. The company has provided financing for Microsoft enterprise agreements for over 4 years for key customers.
- CDWmajorCDW is a major technology vendor partner for TFC, with TFC providing financing solutions for CDW customers acquiring technology equipment.
- PureStoragemajorPureStorage is a technology vendor partner for TFC, with TFC providing financing for PureStorage products and solutions.
- Barracuda NetworksminorTFC provides financing for Barracuda security solutions through technology partner channel relationships.
- Cisco SystemsmajorTFC provides financing for Cisco licenses and technology solutions, including multi-year license renewals for customers.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Technology Finance competitors and assessment
Company assessmentDirect peers
- Marlin Business Services (now PE-owned): Specialty finance company providing equipment financing to small and mid-sized businesses across the US. Comparable to TFC's SMB-focused origination model and underwriting approach.
- DLL (De Lage Landen): Global vendor finance and equipment leasing company owned by Rabobank, operating across technology, healthcare, and industrial equipment. Comparable scale, channel-driven model, and equipment-vertical breadth.
- CSI Leasing: Specialist IT and technology equipment lessor with global operations serving enterprise and mid-market customers. Closely matches TFC's technology-equipment focus and vendor-channel distribution model.
- GreatAmerica Financial Services: One of the largest independent equipment leasing companies in the US, serving SMB and mid-market customers across IT, software, and other verticals. Directly comparable to TFC in business model, customer segment, and channel-driven GTM.
Broad incumbents
- Wells Fargo Equipment Finance: Bank-owned equipment finance platform providing technology and capital equipment financing across SMB and enterprise. Comparable in scale and customer base but operates within a broader banking portfolio.
- Cisco Capital: Cisco's captive financing arm offering leases and loans for Cisco solutions. Directly competes with TFC on Cisco-financed deals but limited to Cisco's product portfolio.
- CIT Group / First Citizens Bank Equipment Finance: Large US equipment finance franchise offering vendor and direct equipment financing across multiple verticals including technology. Comparable in scale and SMB/mid-market positioning but broader portfolio beyond technology.
- HP Financial Services: Captive financing arm of HP, providing leasing and financing for HP enterprise hardware and services. Competes with TFC for technology financing deals but only within the HP product ecosystem.
- Dell Financial Services: Captive financing arm of Dell Technologies, providing leases and loans for Dell hardware and solutions. Comparable technology-financing offering but narrower (Dell-only) channel scope than TFC.
Others
- SLR Investment Corp (Solar Capital Partners): Publicly traded business development company that acquired a majority stake in TFC's parent Kingsbridge Holdings. Comparable as a specialty finance platform backing equipment lessors; serves as a financial partner/parent of TFC rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Technology Finance social profiles
Digital presenceTechnology Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Technology Finance leadership team
Management profileNumber of profiles
Profiles3 records
Technology Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Technology Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Technology Finance
What does Technology Finance do?
Technology Finance Corporation (TFC) finances IT equipment, software, and related services for U.S. businesses through leases and loans. Its portfolio covers data center components, laptops, tablets, monitors, printers, copiers, scanners, 100% software (SaaS subscriptions and renewals), and IT consulting/training, structured with 12-60 month terms, Fair Market Value or $1 Buy Out options, and bundled hardware/software/services payment plans. An automated auto-scoring system approves transactions up to $1.5M within 24-48 hours without financial statements, paired with an approximately 80% approval rate versus a 50-60% industry average.
Is Technology Finance a public or private company?
Technology Finance is a private company. It is classified as private equity controlled and is currently operating.
When was Technology Finance founded?
Technology Finance was founded in 2004. It employs 11 to 50 people.
Where is Technology Finance based?
Technology Finance is headquartered in Scottsdale, United States, in the North America region.
How does Technology Finance make money?
Three revenue lines are on record. Equipment Leasing is the primary driver. The others are software Financing and managed Services Financing.
Who are Technology Finance's main competitors?
Direct peers on record are Marlin Business Services (now PE-owned), DLL (De Lage Landen), CSI Leasing and GreatAmerica Financial Services. Broad incumbents are Wells Fargo Equipment Finance, Cisco Capital, CIT Group / First Citizens Bank Equipment Finance, HP Financial Services and Dell Financial Services. SLR Investment Corp (Solar Capital Partners) is listed as an others.
Does Technology Finance have an API?
No public API is recorded for Technology Finance.
What industry is Technology Finance in?
Technology Finance's product category is Technology Equipment Leasing and Financing. Its primary akta.pro industry code is FSAGAJAF, Corporate Cards & Spend Controls. Its NAICS code is 52222 and its SIC code is 6159.