Cass Commercial Bank Selects SuperTRUMP to Enhance Both Tax and Non-Tax Lease Offerings
(WALNUT CREEK, CA - February 28, 2024) – Ivory Consulting Corporation, the premier provider of equipment lease and loan pricing software, asset management software, customizations, and consulting services for the equipment finance industry, is proud to announce that Cass Commercial Bank has selected SuperTRUMP to serve as the sole pricing engine for its newly established equipment finance division. Specializing in both tax and non-tax leases and loans across many equipment verticals including transportation, utilities, waste, and mobile technology. Cass Commercial Bank is committed to fueling growth in the communities it serves. By leveraging SuperTRUMP, the bank aims to deliver profitable, yet cost-effective finance solutions that align with its customers’ business goals, cash flow, and industry requirements.
“Adopting SuperTRUMP was a clear requirement,” said Scott Williams, Vice President of Commercial Equipment Finance at Cass Commercial Bank, where he has helped to establish the equipment finance division, and a long-time user of SuperTRUMP. “Having seen firsthand the gold standard that SuperTRUMP sets in the industry through previous experience, it was the best choice for our department. With its comprehensive capabilities to accurately price a full range of transactions, SuperTRUMP supports our ability to offer customized financial solutions with unrivaled precision for both tax and non-tax lease and loan structures.”
“It’s a pleasure to welcome Scott Williams back to our SuperTRUMP family of users as he spearheads the equipment finance division at Cass Commercial Bank,” said Edmund Wong, Senior Sales Director at Ivory Consulting Corporation. “Scott’s extensive experience with SuperTRUMP and his proven track record in the industry positions Cass Commercial Bank for unparalleled success. We’re excited to support Scott and his team as they leverage SuperTRUMP to expand and refine their finance solutions, paving the way for significant profitable growth in their division.”
About Cass Commercial Bank
Cass Commercial Bank (the “Bank”) is a wholly-owned subsidiary of Cass Information Systems, Inc. (Nasdaq: CASS) (“Cass”), a leading provider of payment and information processing services to large manufacturing, distribution, and retail enterprises across the United States and globally, and a Russell 2000® company. Disbursing over $90 billion annually on behalf of clients, and with total assets of nearly $2.5 billion, Cass is uniquely supported by the Bank. Founded in 1906, the Bank provides sophisticated financial exchange services to the parent organization and its clients, as well as a variety of banking services, including equipment financing, to its target markets, which include privately held businesses in the St. Louis metropolitan areas and restaurant franchises and faith-based ministries across the United States.
About Ivory Consulting
For 40 years, Ivory Consulting Corporation has been the leading provider of equipment lease and loan software, software customizations and consulting services for the equipment finance industry. Ivory's flagship product, SuperTRUMP, is the proven solution for modeling and pricing complex leases and loans and is trusted by nine of the Monitor top ten companies. Ivory Consulting Corporation is privately held and headquartered in Walnut Creek, CA.