Lease Specialist in New Richmond, WI at Midwest Machinery Co.

Date Posted: 11/22/2022

Job Snapshot

  • Employee Type:
  • Job Type:
  • Experience:
    At least 3 year(s)
  • Date Posted:

Job Description


Manage and administer all aspects of Midwest Machinery Companys in-house leasing company. Consistently exhibit Midwest Machinery Companys core values of Commitment, Passion, Progressiveness, Integrity, and Value Delivery.


Generate lease financing

  • Build relationships with all Midwest Machinery salespeople.
  • Train sales force on in-house finance process, continually quote payments, structure lease quotes to fit customers cash flow while protecting companys equity position in equipment.
  • Visit all locations periodically.
  • Set annual goals for each salesperson and market promotions throughout the year for sales team. (Excel, Access, In-person travel/contact, Phone, Email, Text)

Administer day-to-day operations

  • Create and process all lease paperwork required to perfect companys position in the leased equipment.
  • Enter completed leases into company database.
  • Create and mail out monthly invoices, perform collections on customer accounts.
  • Set up and process ACH payments with bank, process cash, check, and credit card payments daily.
  • Manage and balance bank account. (QuickBooks, Word, postage meter/post office, letters, online banking, and web sites)

Manage and direct all leasing company business

  • Approve credit and structure of leases including residual buyouts, determine prepayments or down payment required.
  • Generate month end reports, including year-end and any audits.
  • Review lease paperwork and notices as needed to stay compliant.
  • Determine course of action on collection of past due accounts.
  • Handle all legal action and filings.
  • Implement online improvements for customers.
  • Continually review and update structure and practices for lease approval process and collections. (Periodic attorney interaction, courtroom appearances)
  • Maintains and promotes a safe work environment. Demonstrates understanding of and ability to follow all safety rules and regulations in performing work assignments
  • Performs other duties as assigned

Job Requirements

Experience, Education, Skills and Knowledge:

  • 3+ years experience with leasing and financing equipment
  • College Degree: business or finance preferred
  • Knowledge of John Deere Ag, commercial, and consumer product equipment and computer systems preferred
  • QuickBooks, and Microsoft Access, Excel and Word experience preferred
  • Ability to use standard laptop, load applications, and internet functions
  • Excellent customer relationship skills
  • Ability to write and speak effectively one-on-one and within a group

Physical and Mental and Other Requirements:

  • Occasional bending and stooping, Ability to lift up to 50 lbs., Ability to travel and work flexible hours
  • Valid drivers license with an insurable driving record required
  • Must pass a pre-employment background study

Not Ready to Apply?

Joining our Talent Network will enhance your job search and application process. Whether you choose to apply or just leave your information, we look forward to staying connected with you.