AILCO, a national equipment and commercial finance lender based in Waukesha, Wisconsin, has completed its migration to LTi Technology Solutions’ ASPIRE platform in a move aimed at modernizing operations and scaling services.
The transition to ASPIRE, a full-lifecycle leasing and loan finance platform, gives AILCO enhanced capabilities in accounting, transaction management, and workflow automation. According to company executives, the new system positions AILCO to better serve clients with faster, more flexible financing options.
“Transitioning to ASPIRE was a key strategic decision,” said Mark Sorensen, senior vice president of operations at AILCO. “It empowers us to improve service quality, unlock operational efficiencies, and scale our business to meet growing demand.”
The implementation reflects a broader push within the equipment finance industry toward digital transformation. LTi, based in Omaha, Nebraska, serves a wide array of finance companies across the U.S., U.K., and Canada and counts many Monitor 100 and Independents 30 companies among its clients.
“LTi is honored to deepen our partnership with AILCO,” said Tara Aasand, vice president of sales and relationship management at LTi. “Our shared commitment to client-focused service is at the heart of this collaboration.”
Founded in 1997, AILCO offers customized financing options including vendor programs and used equipment solutions. The move to ASPIRE supports the company’s long-term growth plans and its commitment to delivering personalized service to small and mid-sized businesses nationwide.
