LeaseTeam announced that Channel Partners LLC, a leading provider of working capital solutions to small businesses across the country, has selected ASPIRE™ as its end-to-end loan management solution.

ASPIRE offers a single platform for Channel Partners to manage the origination process and leasing partner relationships, in addition to funding, servicing and reporting on their portfolio.

The capital markets’ positive response and support for Channel Partners expanded on-balance sheet lending activity is in part due to the financial management and reporting capabilities directly related to the use of the ASPIRE product.

“We recognize the strength and versatility of ASPIRE, and are proud to be one of the first working capital lenders to deploy this market-leading technology,” said Brad Peterson, founder and managing member at Channel Partners. “LeaseTeam’s best-in-class ASPIRE product allows us to deliver for our customers and distance ourselves from our competitors.”

“There is strong interest in the financial marketplace to be able to offer a wide variety of lease, loan and alternative finance financial products, and ASPIRE is well suited to meet these needs. We are excited to have the opportunity to partner with Channel Partners and provide support for their progressive business strategy in the alternative finance market,” said Jeff Van Slyke, executive vice president at LeaseTeam.