LTi Technology Solutions announced that, after extensive research into current lease and loan management systems, Signature Financial LLC will upgrade to LTi’s ASPIRE v.5 platform.
Signature Financial, Signature Bank’s wholly owned equipment finance subsidiary, determined ASPIRE would be the most effective solution for handling its diverse market workflows and managing projected growth.
Signature Financial was formed in 2012, and quickly established itself as a leading specialty finance lender across multiple markets. Having grown significantly in seven years, Signature Financial sought a software platform that could manage its growth in multiple market channels, provide better workflow automation and increase transparency for their customers. ASPIRE‘s end-to-end platform boasts many features that will facilitate better practices and processes for Signature Financial.
“A key factor in Signature Financial’s decision to upgrade with LTi was based on our proven, long-standing relationship. We have worked with Signature Financial’s core executive team in their various positions for more than 20 years,” said LTi co-founder Randy Haug. “We have developed a genuine mutual respect for one another, which is derived from our collaborative relationship, coupled with LTi’s in-depth knowledge of Signature Financial’s business operations and processes. We are excited to continue working with Walter and his team.”
Walter Rabin, President and Chief Executive Officer of Signature Financial, added, “Randy and his team at LTi have been our trusted partner here at Signature Financial since our formation, providing software essential to the origination and servicing of more than $11 billion in new business over the past seven-plus years. Upgrading to ASPIRE v.5 is consistent with our parent bank’s technology initiatives and will position us to confidently expand our enterprise in an efficient and secure manner.”
LTi Technology Solutions, formerly LeaseTeam, Inc., delivers cutting-edge software and services to equipment finance companies throughout North America and the UK from its Omaha, Neb. headquarters.