Canada's Magazine for Financing & Leasing Executives
 
 

March 19, 2019

LTi Technology Solutions celebrates 30 years in the industry

OMAHA--LTi Technology Solutions, formerly LeaseTeam, Inc., a leader in providing software solutions for the equipment finance and leasing industry, is celebrating its 30th anniversary this year. Co-founders Randy Haug and Russ Hallberg set out in 1989 with a vision to give small to mid-size leasing companies an innovative software solution to help them manage and grow their businesses.

Over the course of the last 30 years, LTi's vision has become a reality. To this day, the LTi team is still driven by the entrepreneurial spirit of its founders, which has enabled them to push new boundaries and expand their solutions. Growing from a small niche, back-end lease management system to a leading technology solutions partner in the equipment finance industry, LTi now serves 36% of the Monitor 100. With the release of ASPIRE, LTi offers a comprehensive end-to-end lease and loan management software solution on a single, highly flexible platform. Currently, LTi’s ASPIRE platform hosts 76 live customers and counting.

Reflecting on where LTi began, co-founder Randy Haug said in a recent interview, “We had to bootstrap our business to start out with, and that’s why it was small when we got started, and it was perfect for us to do that.” While growing a small business to the level that LTi is at today has its challenges, Randy emphasized that, “over time, with good people, you can do it.”

“Our strategy of establishing and developing core business functionality, that addresses the changing
needs of our customers, has enabled us to foster a culture of innovation and technology excellence,”
said co-founder Russ Hallberg. Because of this focus, LTi today is more diversified than ever with
solutions that solve critical business problems for over 240 customers.

LTi President and CEO, Jeff Van Slyke, remarked: "This is an incredible milestone for any company. We have achieved this success through the hard work, passion, and dedication of the entire LTi team, past and present. Throughout 2019 and beyond, we will continue to focus on what has driven our success while evolving to meet the innovation and service demands of our customers and the industry as a whole. We are excited for the challenge and the opportunity to grow our partnerships with our customers for another 30 years.”

LTi Technology Solutions invites their customers to help them celebrate this 30-year milestone by joining them in Omaha, Nebraska, from June 10-12, for their Annual Users Conference.

LTi Technology Solutions, formerly LeaseTeam, Inc., delivers cutting-edge software and services to
equipment finance companies throughout North America and the UK from our Omaha, NE headquarters.

 

 

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