ROSEMONT, Ill. – December 15, 2022 – Wintrust Asset Finance Inc. (WAF) was recently listed in the Monitor Daily's Monitor Bank 50 for 2022, which provides a comprehensive analysis of the largest bank-affiliated equipment leasing and finance companies in the U.S. The ranking exemplifies WAF's commitment to providing sophisticated loan and leasing products to equipment-focused commercial companies throughout the country.

"It’s a great honor to be listed in the Monitor Bank 50 and be acknowledged as one of the country's top equipment finance and leasing companies,” said Mike Knowles, president and CEO of Wintrust Asset Finance Inc. “This proves teamwork pays off; we’re extremely proud of all the WAF teams for consistently delivering solutions and providing the next-level service that our customers have grown to expect."

WAF ranked No. 21 in total assets at more than $2.6 billion in the 2022 report, with an increase in business volume of more than $1.145 billion, up from No. 23 last year.

Wintrust has three specialized equipment and leasing divisions:

• Wintrust Commercial Finance (a division of WAF), based in Frisco, Texas, is an equipment-focused financing group offering sophisticated loan and leasing products to companies throughout the U.S.

• Wintrust Equipment Finance (a division of WAF), assists clients in optimally funding equipment acquisitions through traditional leases, customized cash flow solutions, lines of credit, installment purchase agreements, and vendor programs within Illinois, Indiana, and Wisconsin. The group also provides financing for equipment leasing companies nationwide through non-recourse debt discounting, recourse lines of credit, and equity lines of credit.

• Wintrust Specialty Finance (a division of Beverly Bank & Trust Company, N.A.) provides structured small and mid-ticket equipment leasing and finance solutions to vendors and lenders throughout the country. It is based in Irvine, California.

The Monitor Bank 50 annual report includes net asset size, new business activity, market share, other portfolio metrics, highlights, and forecasts.

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