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Wintrust Commercial Finance Celebrates Five-Year Anniversary

May 12, 2020, 07:25 AM
Filed Under: Company Announcements

Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., celebrated five years in business in April 2020. Since its founding in 2015, WCF has originated more than $1.8 billion in new business volume for its customers in a wide variety of industries and collateral types. It has grown its staff to more than 40 individuals located in offices in Texas, California, New Jersey and Colorado.

“In some respects, it’s hard to believe that it has already been five years since we launched WCF on card tables and using cell phones,” said Kirk Phillips, President and CEO of WCF. “We have assembled one of the most talented teams in the industry with a daily focus on delivering exceptional service to our clients, our partners, our sponsor, and each other. This team has taken on some difficult challenges from startup and early growth, through the current COVID-19 pandemic. Each time they have risen to the occasion and delivered results above and beyond expectations. I couldn’t be prouder to be a part of what we’ve accomplished.”

President and CEO of Wintrust Asset Finance Mike Knowles stated, “When we started Wintrust Commercial Finance five years ago it was a new line of business for Wintrust. We were confident we had hired the best team in the business, but just like with every new venture, there were a lot of unknowns. Kirk and his team have exceeded every expectation including new business volume, profitability, and credit discipline. They have earned the trust of their customers and partners through the highest possible level of execution and integrity.”

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