AILCO adopts LTi’s platform to streamline equipment finance
ASPIRE platform used by 40% of Monitor 100
LTi Technology Solutions, a global provider of equipment finance software, announced that AILCO has successfully transitioned to ASPIRE, its financial management platform, to modernize operations and improve efficiency.
Based in Waukesha, Wis., AILCO is a full-service lender specializing in equipment and commercial finance, according to an April 14 LTi release. Adoption of the ASPIRE platform is part of AILCO’s strategy to enhance accounting processes, streamline workflows and deliver more flexible financing solutions.
AILCO selected ASPIRE for its full-lifecycle capabilities, including robust accounting functionality, end-to-end transaction management and advanced automation features, according to the release.
Founded in 1997, AILCO provides customized financing programs, including options for used equipment and vendor-specific solutions for small to mid-sized businesses.
LTi Vice President of Sales and Relationship Management Tara Aasand said the partnership underscores both companies’ dedication to client-focused service and operational excellence, according to the release.
Omaha, Neb.-headquartered LTi serves equipment and asset finance firms across the United States, United Kingdom and Canada, according to the release. Its ASPIRE platform is used by a significant portion of top U.S. finance companies, including 40% of the Monitor 100 and over half of the Independents 30.
The third annual Equipment Finance Connect at the JW Marriott Nashville in Nashville, Tenn., on May 14-15, 2025, is the only event that brings together equipment dealers and lenders to share insights, attend discussions on crucial industry topics and network with peers. Learn more about the event and register here.
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