Wintrust Business Credit Hires Hall as National Portfolio Manager
Wintrust Business Credit, the asset-based lending unit of Wintrust Commercial Banking, hired Andy Hall as national portfolio manager as part of its nationwide expansion effort.
Wintrust Business Credit, the asset-based lending unit of Wintrust Commercial Banking, hired Andy Hall as national portfolio manager as part of its nationwide expansion effort.
Wintrust Business Credit, the asset-based lending unit of Wintrust Commercial Banking, expanded its geographic reach from a regional provider to a national ABL platform. Jason LeuVoy is being promoted to national sales manager to lead the growth effort.
Wintrust Receivables Finance closed a new $4.5 million accounts receivable line of credit for a managed transportation company. The East Coast-based firm specializes in managing the in-bound and out-bound freight for middle-market manufactures and distributors around the United States.
Wintrust Receivables Finance closed a $15 million account receivable line of credit for a Midwest-based transportation broker. The company focuses on full truckload freight for companies in the food and beverage vertical.
Wintrust Receivables Finance closed a new $4 million accounts receivable line of credit for a logistics company based in the Southwest.
Wintrust Receivables Finance closed a $4 million account receivable line of credit for a Midwest-based transportation broker. The company was founded in mid-2020 by multiple veterans of the domestic freight industry and focuses on full truckload freight for companies across the country.
Wintrust Receivables Finance closed a $19.5 million credit facility for a Midwest-based provider of hospitality staffing services. In addition to providing the line of credit, Wintrust Receivables Finance is also providing treasury management services.
Wintrust Bank congratulated MoLo Solutions on its sale to ArcBest, a national provider of supply chain logistics. MoLo Solutions is a Chicago-based truckload broker founded in 2017.
Wintrust Receivables Finance closed a $20 million credit facility for a Detroit-based provider of staffing for engineering and other technical professionals.
Wintrust Receivables Finance partnered with Pittsburgh-based 3PL company Elite Transit Solutions to provide financing to support the company’s transformation from a regional transportation logistics company to a national brand fueled by its proprietary Chameleon TMS software.