Wintrust Commercial Finance funded $16 million in tax and capital leases to the equipment rental industry.

Proceeds from the transactions were used to acquire new excavators, wheel loaders, dozers, boom lifts and scissor lifts for placement in the customers’ rental fleets.

Since its inception in April, WCF has approved more than $350 million in financings. WCF is an equipment-focused financing group, headquartered in Frisco, TX, offering loan and lease products to commercial companies throughout the U.S. and Canada.