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Wintrust Commercial Finance Funds $10MM Transportation Deal

October 06, 2015, 07:06 AM

Wintrust Commercial Finance (WCF) recently provided $10 million of tractor, tank truck and tank trailer financing to a major provider of logistics services, and fuel and lubricant delivery, serving a wide variety of industries. The proceeds of the loan were used to pay off an existing equipment lease and reduce the company’s exposure under its revolving credit agreement.

Since its inception in April, Wintrust has committed to more than $350 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 and Canada. WCF is a business unit of Wintrust Financial.

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