Wintrust Commercial Finance, through its Capital Markets team and in coordination with two of its syndication partners, closed $11 million in leases for distribution equipment with a supplier of building and specialty materials.

The proceeds of the lease were used to finance the acquisition of equipment for the customer’s delivery fleet.

“This transaction demonstrates our commitment helping clients build their businesses via a tailored funding solution,” said Kirk Phillips, president and CEO of Wintrust Commercial Finance. “We were able to efficiently process multiple funding dates with a variety of asset delivery schedules to meet the customer’s equipment needs.”

Since its inception in April of 2016, Wintrust has committed to more than $450 million in financings.