LTi’s ASPIRE Platform Helps Propel Reimagine the Customer Experience



LTi Technology Solutions, a provider of lease and loan cloud platforms to equipment and asset-based finance companies, helped Propel, an independent finance house in the UK, establish two financial partnerships and receive an industry honor for innovation.

Propel has identified a growing gap in the asset finance marketplace for the effective deployment and adoption of fintech innovation to transform the customer experience. Propel selected LTi as a technology partner to sit alongside the development of its ‘Propeller’ web app, which offers an automated end-to-end digital journey, harnessing the power of ASPIRE, LTi’s lifecycle management platform, to complete the journey.

Recently, Barclays Business Banking entered a partnership with Propel to offer equipment and vehicle finance to 1 million of its SME customers via the Propeller technology platform. This was followed by Propel’s new partnership with Azets, a top 10 UK accounting, tax and business advisory firm.

Propel was also nominated as a finalist in the UK FinTech Awards 2021 within the ‘LendTech of the Year Award’ category for its asset finance platform. This award highlights businesses in the industry that have pioneered digital lending platforms for the UK market.

“LTi has worked with us collaboratively throughout the entire Propeller journey, helping us create and customize a smooth and seamless customer experience that is truly best-in-class,” Anne Williams, COO of Propel, said. “We are delighted to have selected ASPIRE’s servicing portfolio management system to streamline the transaction lifecycle, scale our business and continue to put our customers first.”

“We’ve spent 32 years building out a feature-rich platform that is individually configurable for all our customers. With Propel’s aspirations of building a true end-to-end platform, ASPIRE’s customizable functionality showcased how seamlessly it configured to Propeller’s origination system,” Robert Taylor, UK country manager at LTi, said. “With ASPIRE, transformative results were achieved in months, rather than years, for Propel and its customers.”


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