aviation financing

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.

FOR IMMEDIATE RELEASE

EDGEWATER, Md. - March 1st, 2019 - National Aircraft Finance Association (NAFA) is pleased to announce that LBC Capital, Inc., a subsidiary of Laurentian Bank of Canada, has recently joined its professional network of aviation lenders. "NAFA members proudly finance - support or enable the financing of - general and business aviation aircraft throughout the world, and we're happy to add LBC Capital to our association," said Ford von Weise, President of NAFA.

LBC Capital's Aviation Finance team aims to facilitate business productivity by providing capital for the acquisition, sale and refinancing of corporate aircrafts including turbojets, turboprops and helicopters. The group serves corporations, high net worth individuals and aircraft operators within the general aviation market across Canada and the United States. They partner with manufacturers, brokers, aircraft owners, and various industry players by providing creative financing solutions.

"LBC Capital is delighted to join NAFA as we expand our aviation financing offering not only to Canadian business aircraft and helicopter buyers but now also to the US market," said Eric Provost, President of LBC Capital.

Much like NAFA, LBC Capital fosters a network of highly talented and dedicated professionals in the finance and aviation industries. LBC Capital and NAFA are committted to providing the highest level of service through their many partnerships, promotion of education and support of local communities.

About Laurentian Bank Financial Group

Founded in 1846, Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred to as Laurentian Bank Financial Group (the "Group" or the "Bank"). With more than 3500 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its retail, business and institutional customers. With pan-Canadian activities and a presence in the U.S., the Group is an important player in numerous market segments.

The Group has $CAD 45 billion in balance sheet assets and $CAD 29 billion in assets under administration.

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 knowldge to encourage the financing, leasing and insuring of general aviation aircraft. For more information about NAFA, visit www.NAFA.aero.