haug randy lti

Randy Haug, executive vice president, vice chairman, and co-founder of LTi Technology Solutions (LTi), has been awarded the 2021 Equipment Leasing and Finance Association (ELFA) Advocacy Award, one of the industry group’s highest accolades for those who have made significant contributions to the association’s advocacy efforts to promote sound public policies for the equipment finance industry.

A 30-year veteran of the leasing and finance industry, Haug co-founded LTi in 1989 after purchasing LeasePlus (L+), a back-end lease and loan portfolio management system. He has been active in many aspects of ELFA over the years, including the ELFA Advocacy Advisory Committee and as an industry speaker and panelist for many educational events within the association.

Haug has also been a strong supporter of the association’s annual Capitol Connections event in Washington, D.C., attending every year since 2015.

“Actively volunteering and advocating for issues that are important to sustain and propel our industry forward is something I strongly believe in. It inspires me to see ELFA members advocating on Capitol Hill each year. They educate and make a compelling case to elected officials on important public policy issues,’ he said.

Haug continued: “Being active and advocating for this great industry that we are all fortunate to work and make our living in has always been something I enjoy being a part of. The ELFA has trusted and experienced resources in its leadership. When the ELFA and ELFA voluntary members collaborate, it creates a powerful message to our elected government officials on both the federal and state levels. Thank you for honoring me with this wonderful award.”

LTi delivers a full lifecycle leasing and loan finance platform to equipment and asset-based finance companies, captives, small ticket, middle market, and independent banks throughout the US, UK, and Canada. Its configurable platform, ASPIRE, empowers users to scale their business by streamlining the transaction lifecycle.