LTi Technology Solutions (LTi), a lease and loan cloud technology provider for equipment and asset finance companies, has unveiled a partnership with US-based Capteris Capital.
The collaboration aims to leverage LTi’s lifecycle leasing and loan finance platform, ASPIRE, to deliver enhanced services to the equipment finance industry, the two companies said in a press release.
Capteris Capital, an independent equipment finance company, recognised the pressing need to elevate its technology-driven services for clients and provide a more tailored and innovative experience. After an assessment, Capteris identified LTi’s ASPIRE as the best solution to drive this process.
According to the press release, the partnership between LTi and Capteris is built upon LTi’s experience within the equipment and asset finance lease and loan sector, complemented by an understanding of Capteris’ business model and customised solutions.
Capteris Capital specialises in offering high-value equipment lease and loan financing across a wide range of industries and collateral types, including private enterprises. Capteris is backed by Apollo Global Management in association with Wheels Inc. and MidCap Financial.
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Brian Nethercott, Chief Operating Officer/Chief Financial Officer of Capteris Capital, said: “After an in-depth process, we selected LTi’s Aspire platform given the technology, ease of implementation, broad industry adoption, and their superior customer service throughout the process.”
Tara Aasand, Vice-President of Sales and Relationship Management of LTi, said: “This partnership represents a great opportunity for Capteris, to utilise our ASPIRE platform to synergise their capabilities in tandem with our innovative technology to achieve remarkable results, taking their organisation to an unprecedented level of efficiency.”