Fox Ridge Capital has selected LTi Technology Solution’s ASPIRE platform as the foundational technology to power the launch of its new equipment finance business.
Founded by visionary entrepreneur Tom Depping, with backing from LKCM Headwater Investments, Fox Ridge Capital reimagines access to business capital, bringing agility, swiftness and a relationship-driven approach to small and mid-sized businesses across the United States.
As a newly launched organization, Fox Ridge Capital approached platform selection with a clear mandate: build a scalable, high-performance operation without the limitations of legacy systems. Following a comprehensive evaluation of technology partners, Fox Ridge Capital prioritized three non-negotiable criteria: scalability, speed to market and long-term flexibility to adapt as its business evolves.
“Launching a new business gives you a unique opportunity. You’re not constrained by legacy systems or outdated processes. We were intentional about building our foundation the right way from day one,” Tom Depping, founder and CEO of Fox Ridge Capital, said. “LTi stood out because they understand how to support high-growth organizations and bring a level of partnership that goes beyond technology. ASPIRE gives us the confidence to execute on our vision and adapt as we grow.”
Andrew Depping, chief technology officer at Fox Ridge Capital, said, “LTi’s ability to align with our broader technology ecosystem, including NorthTeq, deploying its Aurora platform, and Eide Bailly, implementing Microsoft Dynamics 365 Business Central, ensures a fully integrated and operationally ready environment from the moment we go live.”
Randy Haug, executive vice president and co-founder at LTi Technology Solutions, said, “Companies can build on a modern flexible foundation without inheriting the constraints of legacy technology. Fox Ridge Capital has taken a deliberate and forward-looking approach not just in selecting ASPIRE, but in architecting their entire ecosystem for scale. At LTi, we go beyond delivering technology — we’re a strategic partner to ensure their platform, and every solution connected to it, is configured to their needs.”
