SouthState Bank is scaling its equipment finance division through an agreement with LTi Technology Solutions and JDR Solutions, which will enhance portfolio management and streamline operations. This strategic collaboration positions SouthState Bank for future growth by leveraging LTi's ASPIRE platform and JDR Solutions' expert servicing capabilities.

The agreement will enhance SouthState's operational efficiency, optimize the equipment leasing lifecycle and provide customers with superior service. With ASPIRE's automation, advanced data management tools and full lifecycle capabilities, SouthState is set to accelerate its equipment finance business, LTi officials said in a statement.

“Following a comprehensive search, we selected ASPIRE for its proven track record in successfully managing equipment finance and leasing portfolios, as well as its rapid deployment and proven implementation methodology,” said Chris Hobbs, Division Head & Director of the Equipment Finance Group at SouthState Bank. “As we scale and grow our equipment finance division, seamless data management and accurate financial reporting capabilities are essential, and ASPIRE consistently delivers in these key areas.”

“SouthState Bank’s decision to adopt ASPIRE reinforces our commitment to providing best-in-class solutions for the equipment and asset finance industry,” said Tara Aasand, VP Sales and Relationship Management at LTi Technology Solutions. “We are honored to support SouthState’s growth by equipping their team with a platform trusted by top-tier clients across the industry.”

“We are delighted to welcome SouthState Bank to the JDR Solutions family of clients,” said Joey Enevoldsen, Chief Operating Officer at JDR Solutions. “With our deep expertise in the proven ASPIRE platform and decades of experience in portfolio management, I am confident this partnership will foster growth and deliver long-term success for SouthState Bank’s expanding equipment finance division."