OMAHA, Neb., (August 6, 2019) –LTi Technology Solutions, would like to announce 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 7+ 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.”
About Signature Financial
Signature Financial, LLC, is a wholly owned subsidiary of Signature Bank (NASDAQ:SBNY), a New York-based full-service commercial bank. Signature Financial provides specialty products and services, including equipment finance and leasing, transportation financing, franchise finance and commercial marine finance, from 34 locations nationwide. Signature Public Funding Corp., an affiliate of Signature Financial, provides tax-exempt municipal funding throughout the country.
About LTi Technology Solutions
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. Backed by three decades of experience and expertise, LTi harnesses the collective intellect of its diverse team to solve critical business problems for customers every day. Its highly-configurable platform, ASPIRE, empowers users to effectively scale their business by streamlining the lease and loan transaction lifecycle. For more information, call (800) 531-5086 or visit www.ltisolutions.com.
The National Equipment Finance Association (NEFA) is a nonprofit trade association created to represent the equipment leasing and finance industry throughout North America by providing a forum for personal and professional growth through Community, Education and Professionalism.