Wintrust Receivables Finance Announces $4.5 Million Line of Credit for Third-Party Logistics Firm
July 15, 2025
Source: Wintrust Financial Corp.
CHICAGO, IL, July, 7, 2025 – Wintrust Financial Corp. (NASDAQ: WTFC) today announced its Wintrust Receivables Finance team provided a $4.5 million accounts receivable line of credit to a West Coast-based third-party logistics firm specializing in flatbed and dry van truckload transportation.
By providing an accounts receivable line of credit, the company gained increased liquidity and greater flexibility compared to its prior traditional line of credit, which will allow management to pursue their long-term growth strategy.
“This line of credit will help provide the client access to liquidity and the flexibility they require to execute their long-term plans across multiple transportation industry cycles.” said Jason LeuVoy, Wintrust Business Credit National Head of Originations. “Wintrust Receivables Finance has a long track record of providing strategic, creative solutions to companies in the logistics industry.”
About Wintrust Receivables Finance
Wintrust Receivables Finance provides competitively structured working capital lines of credit from $2 million to $50 million for middle market companies around the country whose financing needs are not met through traditional commercial bank underwriting.
About Wintrust
Wintrust is a financial holding company with $65.9 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its “Different Approach, Better Results®” philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. For more information, please visit wintrust.com.
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