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Whitney Equipment Finance Selects LeaseTeam’s ASPIRE

September 06, 2017, 07:15 AM
Filed Under: Industry News

LeaseTeam announced that Whitney Equipment Finance, LLC, a subsidiary of Whitney Bank—a financial services institution specializing in commercial banking across the southern states—has selected ASPIRE as its end-to-end lease and loan management platform. Whitney Bank is the banking subsidiary of Hancock Holding Company and uses both the Hancock Bank and Whitney Bank brands.

“Having worked previously with Randy Haug, I was confident that LeaseTeam would help us to bring the Hancock Whitney product to market quickly. He consulted with us initially to implement our new product in 2015 with the goal of designing a permanent integration into the ASPIRE platform. The technology that ASPIRE provides us complements our focus on efficient and effective business practices,” said Hancock Whitney Director of Equipment Finance Chris Bucher. “With this solution, we can provide our company and clients with up-to-the-minute information and reliable services.”

"The initial solution we recommended helped put in place the functionality needed for Chris to effectively launch his middle market asset-based finance business. From that point, Chris began to successfully grow the Hancock Whitney equipment finance business on his legacy LeaseTeam platform,” said Randy Haug, executive vice-president and co-founder of LeaseTeam. “But, the real excitement came as he started to work with LeaseTeam Account Manager Madison Oller on a strategic plan to implement the new ASPIRE system to reach his long term business goals. Chris’ focus on operating an efficient, productive and growing middle market finance company pairs perfectly with the robust functionality that ASPIRE offers. This implementation will give Hancock Whitney the ability to run multiple business channels, from small-ticket to middle market and capital markets, efficiently on a single end-to-end platform."

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