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Wintrust Commercial Finance

  • Tracey Cheek posted an article
    Wintrust Joins National Aircraft Finance Association see more

    FOR IMMEDIATE RELEASE

    EDGEWATER, Md.– September 16, 2019 – National Aircraft Finance Association (NAFA) is pleased to announce that Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance, Inc., has recently joined its professional network of aviation lenders. 

    “NAFA members form a network of aviation finance services who diligently and competently operate with integrity and objectivity throughout the world. We’re excited to welcome Wintrust to our growing organization as we head to our 50th anniversary,” said Jim Blessing, president of NAFA.

    WCF is Wintrust’s Texas-based, equipment-focused financing group offering sophisticated loan and lease products to companies throughout the U.S. Within three years of the company’s founding, WCF funded in excess of $1 billion in equipment-secured loans and leases and has continued to grow into one of the largest equipment financing companies in the country.

    WCF is backed by Wintrust, a more than $33 billion financial holding company that provides a wide variety of financial services for both personal and business banking needs. 

    WCF provides an array of tailored aircraft finance products including loans, operating leases, and non-tax leases, offering terms up to 10 years with amortizations up to 25 years with a target transaction size of $5 million to $25 million.

    Much like NAFA, WCF cares about the community and the individuals in it, offering the resources and tools of a large company with the personal attention and customer focus of a small business. Wintrust and NAFA are committed to fostering solid customer service through the aviation industry.

    “Wintrust Commercial Finance is excited to join NAFA as a contributing member,” said Craig Ault, senior vice president, national sales manager. “This partnership will help us better serve our customers in the aviation industry.”

    For more information about Wintrust Commercial Finance, visit nafa.aero/companies/wintrust-commercial-finance or wintrust.com/wcf.

    About NAFA:  

    The National Aircraft Finance Association (NAFA) is a non-profit corporation dedicated to promoting the general welfare of individuals and organizations providing aircraft financing and loans secured by aircraft; to improving the industry's service to the public; and to providing our members with a forum for education and the sharing of information and knowledge to encourage the financing, leasing and insuring of general aviation aircraft. For more information about NAFA, visit NAFA.aero.

     About Wintrust

    Wintrust is a financial holding company with assets of approximately $33 billion whose common stock is traded on the Nasdaq Global Select Market. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 160 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.

     September 24, 2019