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BankFinancial Expands Commercial Finance Team and Reaffirms Commitment to Exceptional Service and Competitive Lending Solutions

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BankFinancial has announced the appointment of Forrester Faia as Vice President and Regional Commercial Financial Leader for the Illinois market. With over 25 years of expertise in commercial finance, Faia will focus on connecting Chicago-area companies with BankFinancial's commercial banking services.

The bank emphasizes its unique position as the only institution offering a hybrid product allowing customers to switch between financing options without refinancing. Key advantages include direct lending with competitive pricing, an exclusive prime rate discount of 1.00% below the WSJ published rate, a dedicated business servicing team, and comprehensive in-house loan servicing.

This strategic addition aligns with BankFinancial's commitment to providing middle-market businesses with tailored financial solutions, including receivables financing and working lines of credit, designed to enhance cash flow and support growth.

BankFinancial ha annunciato la nomina di Forrester Faia come Vice Presidente e Leader Finanziario Commerciale Regionale per il mercato dell'Illinois. Con oltre 25 anni di esperienza nella finanza commerciale, Faia si concentrerà sul connettere le aziende della zona di Chicago con i servizi bancari commerciali di BankFinancial.

La banca sottolinea la sua posizione unica come l'unica istituzione a offrire un prodotto ibrido che consente ai clienti di passare tra le opzioni di finanziamento senza dover rifinanziare. I principali vantaggi includono prestiti diretti con prezzi competitivi, uno sconto esclusivo sul tasso d'interesse primario dell'1,00% al di sotto del tasso pubblicato dal WSJ, un team dedicato al servizio delle aziende e un servizio di prestiti completo in-house.

Questa aggiunta strategica è in linea con l'impegno di BankFinancial nel fornire alle imprese di media dimensione soluzioni finanziarie su misura, inclusi il finanziamento dei crediti e le linee di credito lavorativo, progettate per migliorare il flusso di cassa e supportare la crescita.

BankFinancial ha anunciado el nombramiento de Forrester Faia como Vicepresidente y Líder Financiero Comercial Regional para el mercado de Illinois. Con más de 25 años de experiencia en finanzas comerciales, Faia se enfocará en conectar a las empresas del área de Chicago con los servicios bancarios comerciales de BankFinancial.

El banco enfatiza su posición única como la única institución que ofrece un producto híbrido que permite a los clientes alternar entre las opciones de financiación sin necesidad de refinanciar. Las principales ventajas incluyen préstamos directos con precios competitivos, un descuento exclusivo en la tasa de interés preferencial del 1,00% por debajo de la tasa publicada por WSJ, un equipo de atención al negocio dedicado y un servicio de préstamos integral interno.

Esta adición estratégica está alineada con el compromiso de BankFinancial de proporcionar a las empresas de mercado medio soluciones financieras personalizadas, que incluyen financiación de cuentas por cobrar y líneas de crédito de trabajo, diseñadas para mejorar el flujo de efectivo y apoyar el crecimiento.

BankFinancial은 포레스터 파이아를 일리노이 시장의 부사장 겸 지역 상업 금융 리더로 임명한다고 발표했습니다. 상업 금융 분야에서 25년 이상의 경력을 가진 파이아는 시카고 지역 기업과 BankFinancial의 상업 은행 서비스를 연결하는 데 집중할 것입니다.

이 은행은 고객이 재융자 없이 자금 조달 옵션 간에 전환할 수 있는 하이브리드 제품을 제공하는 유일한 기관으로서의 독특한 위치를 강조합니다. 주요 이점으로는 경쟁력 있는 가격의 직접 대출, WSJ 발표 금리보다 1.00% 낮은 독점적인 기준 금리 할인, 전담 기업 서비스 팀, 종합적인 내부 대출 서비스가 포함됩니다.

이 전략적 추가는 중소기업에 맞춤형 금융 솔루션을 제공하겠다는 BankFinancial의 약속을 잘 반영하고 있으며, 여기에는 현금 흐름을 개선하고 성장을 지원하기 위해 설계된 채권 금융 및 운영 신용 한도가 포함됩니다.

BankFinancial a annoncé la nomination de Forrester Faia en tant que Vice-Président et Leader Financier Commercial Régional pour le marché de l'Illinois. Fort de plus de 25 ans d'expertise en finance commerciale, Faia se concentrera sur la connexion des entreprises de la région de Chicago avec les services bancaires commerciaux de BankFinancial.

La banque souligne sa position unique en tant que seule institution offrant un produit hybride permettant aux clients de passer d'une option de financement à une autre sans refinancer. Les principaux avantages comprennent des prêts directs avec des prix compétitifs, une remise exclusive sur le taux d'intérêt préférentiel de 1,00 % en dessous du taux publié par le WSJ, une équipe dédiée à la service aux entreprises, et un service de prêt complet en interne.

Cette addition stratégique s'inscrit dans l'engagement de BankFinancial à fournir aux entreprises de taille intermédiaire des solutions financières sur mesure, y compris le financement de créances et des lignes de crédit de travail, conçues pour améliorer le flux de trésorerie et soutenir la croissance.

BankFinancial hat die Ernennung von Forrester Faia zum Vizepräsidenten und Regional Commercial Financial Leader für den Markt in Illinois bekannt gegeben. Mit über 25 Jahren Erfahrung im Bereich der Handelsfinanzierung wird Faia sich darauf konzentrieren, Unternehmen im Raum Chicago mit den kommerziellen Bankdienstleistungen von BankFinancial zu verbinden.

Die Bank hebt ihre einzigartige Position als einzige Institution hervor, die ein Hybridprodukt anbietet, das es Kunden ermöglicht, zwischen Finanzierungsoptionen zu wechseln, ohne refinanzieren zu müssen. Zu den wichtigsten Vorteilen gehören Direktkredite zu wettbewerbsfähigen Preisen, ein exklusiver Rabatt auf den Prime-Zinssatz von 1,00% unter dem veröffentlichten WSJ-Satz, ein engagiertes Geschäftsteam und umfassende interne Kreditdienstleistungen.

Diese strategische Ergänzung steht im Einklang mit dem Engagement von BankFinancial, mittelständischen Unternehmen maßgeschneiderte Finanzlösungen anzubieten, darunter Forderungsfinanzierung und Betriebsmittelkredite, die darauf abzielen, den Cashflow zu verbessern und das Wachstum zu unterstützen.

Positive
  • Exclusive prime rate discount of 1.00% below WSJ published rate
  • Unique hybrid product offering flexible financing options without refinancing
  • In-house loan servicing capabilities
Negative
  • None.

Insights

The appointment of a new VP for Commercial Finance, while a strategic move, represents a routine management change that is unlikely to materially impact BankFinancial's $149.5M market valuation or immediate financial performance. The news primarily focuses on organizational structure and service offerings without providing concrete financial metrics, growth targets, or material business developments.

The highlighted prime rate discount and commercial finance offerings, while competitive features, are existing services rather than new initiatives that would drive significant revenue growth or market expansion. The announcement primarily serves as a marketing communication to reinforce BankFinancial's market positioning in commercial lending.

CHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- BankFinancial, a trusted name in commercial lending with over a century of experience, proudly announces the appointment of Forrester Faia as Vice President and Regional Commercial Financial Leader for the Illinois market. This strategic addition reflects the bank’s ongoing commitment to delivering unparalleled financial solutions to middle-market businesses.

In his new role, Mr. Faia will spearhead efforts to connect companies in the greater Chicago area with BankFinancial’s full suite of commercial banking services. With over 25 years of expertise in commercial finance, including working capital and debt financing through asset-based and factoring structures, Mr. Faia is poised to drive growth and innovation for clients in the region.

“We are thrilled to welcome Forrester Faia to our team,” said F. Morgan Gasior, CEO. “His extensive background and deep understanding of commercial finance perfectly align with our mission is to empower businesses with flexible, competitive financial solutions, delivered with the support of a responsive and expert team.”

A Unique Approach to Commercial Finance
BankFinancial stands apart from finance companies, offering businesses direct lending with significantly better pricing and unmatched customer service. As the only bank providing a hybrid product that allows customers to migrate seamlessly between financing options without refinancing, BankFinancial ensures clients have the flexibility they need to grow and adapt.
Key advantages of BankFinancial’s commercial finance offerings include:

  • Direct Lending with Competitive Pricing: Avoid the higher costs associated with finance companies.
  • Exclusive Prime Rate Discount: Access a special prime rate at 1.00% below the WSJ published rate.
  • Dedicated Business Servicing Team: Providing businesses with direct access to product experts for fast and efficient service.
  • Comprehensive Loan Servicing: All loans are serviced in-house, providing consistency and reliability.

Empowering Middle-Market Growth
BankFinancial remains committed to supporting businesses with tailored solutions designed to enhance cash flow and fuel growth. From receivables financing to working lines of credit, BankFinancial’s offerings are crafted to address the unique needs of middle-market companies.

About BankFinancial
With over 100 years of expertise in commercial lending, BankFinancial, NA is a trusted partner for businesses, individuals, and families seeking flexible and competitive financial solutions. As a direct lender, BankFinancial combines industry-leading products with a customer-focused approach to empower businesses across the greater Chicago area and beyond. Through 18 full-service banking offices located in Cook, DuPage, Lake, and Will Counties in Illinois, the bank delivers comprehensive financial services while also serving select commercial loan, lease, and deposit customers regionally and nationwide. BankFinancial, NA operates as a subsidiary of BankFinancial Corporation, whose common stock is traded on the Nasdaq Global Select Market under the symbol BFIN. For more information, visit www.bankfinancial.com.

For Further Information Contact:
Media Inquiries:
Gregg T. Adams
President – Marketing & Sales
BankFinancial, NA
Telephone: 630-425-5877


FAQ

What new appointment did BankFinancial (BFIN) announce in January 2024?

BankFinancial appointed Forrester Faia as Vice President and Regional Commercial Financial Leader for the Illinois market.

What is BankFinancial's (BFIN) prime rate discount offering?

BankFinancial offers an exclusive prime rate discount of 1.00% below the WSJ published rate.

What unique financing feature does BankFinancial (BFIN) offer to commercial clients?

BankFinancial is the only bank offering a hybrid product that allows customers to migrate between financing options without refinancing.

What commercial finance services does BankFinancial (BFIN) provide to middle-market businesses?

BankFinancial provides receivables financing, working lines of credit, and direct lending with competitive pricing, all serviced in-house.

BankFinancial Corporation

NASDAQ:BFIN

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144.79M
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Banks - Regional
Savings Institution, Federally Chartered
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United States of America
BURR RIDGE