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Wintrust Joins National Aircraft Finance Association

September 24, 2019, 07:07 AM
Filed Under: Aircraft

National Aircraft Finance Association (NAFA) announced Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., 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.”

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