Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, originated nearly $185 million of new leases and loans in the first half of 2020, a growth rate of more than 300% from the same period in 2019. Additionally, Wintrust Specialty Finance added new origination partners as the company continues to invest in equipment financing opportunities for small businesses.

Throughout the second quarter, Wintrust Specialty Finance worked with its current customers to provide payment relief plans catered to meet their specific needs based on COVID-19’s impact on their industries. Wintrust Specialty Finance also added team members to support portfolio growth during the quarter.

“The material origination volume growth our team has achieved in the first half of 2020 is the result of disciplined underwriting and consistent service levels that have allowed us to remain strong through the global pandemic we find ourselves in today,” David Normandin, CLFP, president and CEO of Wintrust Specialty Finance, said. “I am proud of the incredible team we have built at Wintrust and the strong organizational values we exhibit in continuing to support our partners during this challenging time.”