SouthState Bank is scaling its equipment finance division through an agreement with LTi Technology Solutions and JDR Solutions, which is aimed at enhancing portfolio management and streamlining operations. SouthState Bank will leverage LTi’s ASPIRE platform and JDR Solutions’ servicing capabilities.
“Following a comprehensive search, we selected ASPIRE for its proven track record in successfully managing equipment finance and leasing portfolios, as well as its rapid deployment and proven implementation methodology,” Chris Hobbs, division head and director of the equipment finance group at SouthState Bank, said. “As we scale and grow our equipment finance division, seamless data management and accurate financial reporting capabilities are essential, and ASPIRE consistently delivers in these key areas.”
“SouthState Bank’s decision to adopt ASPIRE reinforces our commitment to providing best-in-class solutions for the equipment and asset finance industry,” Tara Aasand, vice president of sales and relationship management at LTi, said. “We are honored to support SouthState’s growth by equipping their team with a platform trusted by top-tier clients across the industry.”
“We are delighted to welcome SouthState Bank to the JDR Solutions family of clients,” Joey Enevoldsen, chief operating officer at JDR Solutions, said. “With our deep expertise in the proven ASPIRE platform and decades of experience in portfolio management, I am confident this partnership will foster growth and deliver long-term success for SouthState Bank’s expanding equipment finance division.”
