Wintrust Business Credit closed an asset-based lending (ABL) line of credit for SmithFoods, a Midwest-based manufacturer of dairy products. After a divestiture that reshaped the company’s focus, SmithFoods was looking for the right banking partner as...
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October 16, 2024, 07:57 AM
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Wintrust Business Credit (WBC) announced a line increase to $11,000,000 for their existing client. This line increase was used by the client to support the acquisition of a Minnesota-based distributer of premium fresh seafood. WBC’s existing client...
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June 12, 2024, 07:52 AM
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Wintrust Business Credit (WBC) closed a new $15,000,000 ABL line of credit for a Southeast-headquartered aerospace distribution business with subsidiaries from the Southwest to the Northeast. The Company supplies fasteners and other products to...
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May 14, 2024, 08:00 AM
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Wintrust Business Credit (WBC) closed a new $25,000,000 ABL line of credit for a Midwest-based importer and distributer of frozen seafood. The company distributes a wide variety of both traditional and ethnic seafood to restaurants and wholesalers in...
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April 30, 2024, 07:50 AM
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Wintrust Business Credit (WBC) closed a new $7 million asset-based line of credit to support the acquisition of a Minnesota-based distributor of fresh and frozen seafood. The company was recently spun out of a global food manufacturer and supplier...
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September 20, 2023, 07:53 AM
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Wintrust Business Credit (WBC), a subsidiary of Wintrust announced the addition of Joe Panico as Senior Vice President - Business Development, growing WBC's footprint in the Great Lakes Region, as part of the group's expansion into new strategic...
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July 11, 2023, 07:30 AM
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Wintrust Business Credit (WBC), a subsidiary of Wintrust announced the addition of Benjamin Doran as Senior Vice President-Business Development, expanding WBC's footprint into the upper Midwest as part of the group's expansion into new strategic...
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May 10, 2023, 07:37 AM
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Wintrust Business Credit (WBC), the asset-based lending (ABL) unit of Wintrust Commercial Banking, announced the hiring of Andy Hall as National Portfolio Manager as part of its nationwide expansion effort. Working alongside National Sales Manager...
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October 12, 2022, 08:00 AM
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Wintrust Business Credit announced plans to expand its geographic reach from a regional provider to a national ABL platform.
Since its founding in 2008, WBC has provided best-in-class asset-based lending solutions with a focus on middle-market...
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September 20, 2022, 08:00 AM
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