Executive Leadership

Randy Haug

Randy Haug

EVP/Vice Chairman/Co-Founder

Randy Haug is the Executive Vice President, Vice Chairman, and Co-Founder at LTi. He is responsible for overseeing the market direction and strategies of LTi and serves as an advisor to clients regarding their business issues and strategies. He has spent the majority of his career in the equipment finance industry, working and mentoring LTi’s Executive Management Group, Divisional Managers, Product Managers, Sales, Account Managers, and Marketing team. He is widely considered an industry thought leader and uses his consultative problem-solving skill set to improve the lives of those at LTi as well as those in the industry he collaborates with. He also enjoys working with both of his sons in the business, who have become Subject Matter Experts and leaders in their own right. While Executive Vice President, Vice Chairman, and Co-Founder is his primary job function by day, Randy also loves traveling, as well as spending time with his family, friends, and grandson.

He has participated in a number of different industry associations, including:

  • Member of the Equipment Leasing and Finance Association (ELFA) Advocacy Advisory Committee
  • Executive Committee Board Member & Development Committee Chair for Equipment Leasing and Finance Foundation (ELFF)
  • Board of Trustee to ELFF
  • Past President of the National Equipment and Finance Association (NEFA)
  • Current Chair and Co-Founder of the Chris Walker Education Committee of NEFA

He has also participated in a number of different industry association committees in both the ELFA and NEFA associations and has been an industry speaker and panelist at a number of educational events within those associations. Randy is a servant leader and has previously sat on board level positions in many industry companies and organizations.

Key Contributor to ELFA, ELFF, NEFA, CLFA, FLA Chris Walker Education Fund Co-founder Greater Omaha Chamber of Commerce

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Equipment Leasing News at a Glance

Digital Transformation For Equipment Finance Matters

What is Digital Transformation and why does it matter? Digital transformation is the customer-centric reimagination of the future of digital technology into all areas of business. The transformation has brought many benefits to the equipment finance industry and has created a shift in the prevailing thinking and culture regarding adopting technology.

In the new reality of the post- COVID-19 economy, digital transformation has gone from a priority to absolutely critical for companies. Prior to COVID-19, companies took time with a slow and steady approach. However, the lessons learned by the disruption caused by the pandemic, has replaced the slow approach with need to accelerate digital transformation. It is now an imperative that companies begin driving a digital culture into their organization.

Equipment Leasing News at a Glance

2023 & Beyond: Digital Tech Trends In The Equipment Finance Industry

The key trends in equipment finance technology to look for in 2023 and beyond to look for:

Automation: Streamlining processes and providing faster, more accurate decision-making.
Digital Platforms: Transforming interactions with customers by enabling customers to apply for financing, manage accounts and access information and services online.
Internet of Things (IoT): Providing data on performance and usage to improve maintenance schedules, predict equipment replacement timeframes, and identify opportunities for cost savings.
Block-Chain Tech: Providing greater transparency and security enabling companies to create secure records of equipment ownership and transactions, reducing risk for fraud and errors.