LTi Technology Solutions announced Commercial Funding Partners ("CFP") has selected ASPIRE, LTi's lease and loan management platform, to run its back- and middle-office operations.

Since 2012, CFP has built a reputation as a nationally recognized direct lender, funding transactions ranging from $500,000 to more than $100 million across industries including manufacturing, medical, construction, and power generation. More than 40% of its business comes from repeat clients — a reflection of a team that knows the industry, moves quickly, and
gets deals done.

That growth, however, had begun to outpace the tools supporting it. CFP's lease portfolio was managed through largely manual processes that had become harder to sustain as transaction volume increased, introducing growing risk around billing accuracy and compliance. Contract documentation followed a similarly manual path, creating inconsistency and slowing down 
closings at the exact moment CFP needed speed and precision. The need for a more formalized operating environment became even more pressing as CFP scaled, requiring the kind of backoffice servicing controls that its existing approach could no longer support.

After evaluating its options, CFP selected ASPIRE for its ability to bring CFP's servicing, billing and tax operations onto a single, purpose-built platform. Automated billing and payment processing will replace the manual invoicing and collections that had grown harder to sustain as transaction volume increased, for a portfolio where roughly 90% of customers pay via ACH, while built-in, jurisdiction-level tax automation will bring consistency and accuracy to a process CFP previously managed by hand. The platform will also give CFP a dedicated system of record for its capital markets activity, including discounted and sold deals, as its syndication and securitization business continues to grow.

“CFP has spent almost four decades building a lending business on speed, relationships and getting deals done right, and our system needed to keep pace with that,” said Buddy Zarbock, CEO and Founder of Commercial Funding Partners.

“We were not just looking for software to replace spreadsheets. We needed a partner who understood equipment finance well enough to help us stand up the kind of servicing infrastructure our credit facility requires, without slowing down the business that got us here. LTi's experience with lessors at our scale, and ASPIRE's depth across billing, tax, and capital markets, made this an easy decision.” said Traci Dolphin, President at Commercial Funding Parters.

“CFP is exactly the kind of company ASPIRE was built for — a growing, disciplined lender that needed enterprise-grade servicing without an enterprise-grade implementation,” said Tara Aasand, VP, Sales & Relationship Management at LTi Technology Solutions. “What impressed us about CFP was how clearly they understood their own bottlenecks. They knew exactly where manual processes were putting the business at risk. That clarity makes for a strong implementation, and we are looking forward to giving their team a platform that can scale alongside their portfolio for years to come.”