Frisco, TX – June 20, 2016 – Wintrust Commercial Finance, through one of its key syndication partners, recently closed a $10.6MM trailer lease with a national provider of leasing and logistics services to the transportation industry. The proceeds of the lease were used to finance the acquisition of equipment to service one of the company’s top fleet customers. Since its inception in April of 2016, Wintrust has committed to more than $450 million in financings. WCF is an equipment-focused financing group, headquartered in Frisco, Texas, offering sophisticated loan and lease products to commercial companies in a variety of industries throughout the United States. WCF regularly invests in transactions in the $5 million to $30 million range with customers having B- to BB+ or comparable ratings. WCF is a business unit of Wintrust Financial Corp.
About Wintrust Wintrust is a financial holding company with more than $24 billion in assets and a common stock traded on the NASDAQ Global Select Market. The company provides traditional commercial and community banking services; asset-based lending; wealth management services; commercial insurance premium financing; mortgage origination; short-term accounts receivable financing; and certain administrative services, such as data processing of payrolls, billing and treasury management services. Wintrust was created as the alternative to the big banks, offering the solutions and services of larger competitors with the customer-focus and service that can only be found at a true community bank or local financial services company. The Wintrust Community Bank family has more than 150 community bank locations across the Chicago area, southern Wisconsin and northwest Indiana.
For more information contact: Thomas G. Forbes, Senior Vice President, Capital Markets – Wintrust Commercial Finance 469-777-5649