William H. Phelan
President & Co-Founder
William Phelan is one of the nationís leading experts on small business credit trends and is president and co-founder of PayNet, Inc. As President, Mr. Phelan has grown PayNet into a firm with the largest collection of commercial loans and leases, encompassing more than 22 million contracts worth $1.2 trillion in loan value. Prior to co-founding PayNet, Mr. Phelan managed investments for Trustmark Insurance Company in Lake Forest, Ill. He previously worked at Dain Rauscher Securities, Ernst & Young and IBM. Mr. Phelanís expertise is regularly quoted by national media outlets such as Reuters, Bloomberg Business News, CNBC, FOX Business News and Associated Press. He has a Bachelor of Arts degree from Carleton College, an MBA from Loyola University GSB and the Chartered Financial Analyst (CFA) designation.