Wintrust Asset Finance, Inc. (WAF) was listed in the Monitor Daily’s Monitor 100 for 2018, which provides a total analysis of the largest equipment finance and leasing companies in the U.S. The ranking exemplifies WAF’s commitment to providing sophisticated loan and leasing products to equipment-focused commercial companies throughout the U.S.
“We are honored to be listed in the Monitor 100 and acknowledged as one of the top equipment finance and leasing companies in the country,” Wintrust Commercial Finance President and CEO Kirk Phillips said. “As a newly formed division within Wintrust, to achieve this level of success in just a few short years is quite the accomplishment.”
WAF was ranked No. 50 in total assets at $1.248 billion in the 2018 report, up from No. 55 in 2017. It was also listed at No. 49 with $592 million in new booked volume after being ranked No. 51 the previous year.
Wintrust has four equipment and leasing divisions:
- Wintrust Capital (a division of WAF) assists clients in optimally funding equipment acquisitions through traditional leases, customized cash flow solutions, lines of credit, installment purchase agreements, and vendor programs within Illinois, Indiana, and Wisconsin.
- Wintrust Commercial Finance (a division of WAF), based in Frisco, TX, is an equipment-focused financing group offering sophisticated loan and leasing products to companies throughout the U.S.
- Wintrust Equipment Finance (a division of WAF), headquartered in Mishawaka, IN, focuses on debt discounting and capital markets.
- Wintrust Specialty Finance (a division of Beverly Bank & Trust Company, N.A.) provides structured small and mid-ticket equipment leasing and finance solutions to vendors and lenders throughout the country. It is based in Irvine, CA.