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Triangle Equipment Finance inks deal with LTi Technology Solutions

The solution will reduce manual labor

Equipment Finance News, AI AssistedbyEquipment Finance News, AI Assisted
December 6, 2023
in Lender Operations
Reading Time: 2 mins read
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Triangle Equipment Finance has signed a deal with cloud-based lease and loan platform provider LTi Technology Solutions to use LTi’s ASPIRE Express platform in a move to automate and advance its technology stack.  

Triangle Equipment Finance, a company specializing in truck, trailer and transportation equipment financing, sought a software solution to propel its business forward, according to a company release on Dec. 6. Triangle chose LTi’s ASPIRE Express for its industry-leading capabilities and the promise of swift deployment. 

The ASPIRE Express platform will make equipment tracking and management, including customized invoicing processes, more efficient by reducing manual labor. It also positions Triangle to increase business volume without expanding its workforce. 

Triangle had to migrate data from three systems, Michael Gallina, president of Triangle Equipment Finance, said in the release.  

Montclair, N.J.-based Triangle specializes in providing credit to those who have difficulty obtaining credit from more traditional funding sources, according to the company.  

This article was written using ChatGPT. Equipment Finance News uses published and non-published material, such as press releases and transcripts of live interviews, to generate AI-produced content. All AI-produced content is reviewed by EFN editors.  

Tags: technologyTriangle Equipment Finance
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