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TimePayment Appoints GE Veteran as Director of Strategic Alliances

December 11, 2018, 07:25 AM

TimePayment announced the appointment of Sue Monfore to the senior sales team as Director of Strategic Alliances. With almost 30 years of experience in the financial services industry, Monfore will lead TimePayment’s vendor and manufacturer strategic alliances for the western half of the United States.

“TimePayment is lucky to have such a strong sales veteran join our team,” said Cory Damm, Vice President of Business Development & Marketing at TimePayment. “Sue’s experience in building relationships and developing accounts will bolster our plans to expand our platform into major equipment sellers and manufacturers.”

Monfore is based in Orange County, CA. Her nearly 30 years of industry experience in equipment financing includes a long history at GE Capital. Most recently, Monfore was the Vice President of Business Development at First American Equipment Finance, responsible for vendor finance programs within the Food & Beverage and Education industries.

Prior to First American Equipment Finance, Monfore worked for 16 years at GE Capital, rising to the position of Growth Leader and partnering with commercial and marketing teams to create and execute strategies that differentiated GE Corporate Finance in the marketplace. Monfore also held senior Business Development and Sales positions at Marlin Business Services Corp. and US Bank. She holds a bachelor of science degree in business from Eastern Michigan University and is a Six Sigma Green Belt.

“When I learned more about TimePayment’s plans to further enhance their technology and grow market alliances, I leaped at the opportunity to join the team,” Monfore said.

Boston-based fintech company TimePayment is owned by affiliates of Fortress Investment Group, a leading, highly diversified global investment manager.  Fortress is owned by SoftBank Group Corp.

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