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William H. Phelan
President & Co-Founder
William Phelan is president and co-founder of PayNet, Inc. the premier provider of risk management tools and market insight to the commercial credit industry, collecting real-time loan information from the largest U.S. commercial lenders and turning it into actionable business intelligence. As President, Mr. Phelan has grown PayNet into a firm with the largest collection of commercial loans and leases, encompassing more than 19 million contracts worth $1 trillion in loan value. Under his strategic direction, Mr. Phelan oversees the sales, marketing, analytics and information technology functions of the business.
Prior to co-founding PayNet, Mr. Phelan managed an investment portfolio of fixed income securities for Trustmark Insurance Company in Lake Forest, Ill. In this fiduciary role at Trustmark, Mr. Phelan managed asset and mortgage backed securities and corporate bonds to achieve policy holder goals of total return and safety of principal. From 1993 to 1995 Mr. Phelan worked at Dain Rauscher Securities helping pension funds, banks and asset managers meet their client's investment needs. As a consultant at Ernst & Young from 1988 to 1993, Mr. Phelan advised privately-held companies on acquisitions and valuations to help them expand their business and conduct estate planning. Prior to that time, Mr. Phelan worked for International Business Machines Corp. and started his career in 1982 as an operations director in the retail industry. In 1992, Mr. Phelan became a Chartered Financial Analyst from the CFA Institute. He completed a Master’s in Business Administration in 1987 from Loyola University Graduate School of Business where he was a member of the Dean's List and received the MBA designation with a concentration in Finance. He has a Bachelor of Arts degree from Carleton College in Northfield, MN.
Mr. Phelan is quoted by national media outlets on a regular basis including Reuters, Bloomberg Business News, CNBC, FOX Business News and The Wall Street Journal. Mr. Phelan regularly speaks throughout the nation on the latest trends at national industry events; including testimony to the Committee on Small Business United States, House of Representatives, February, 2011, Equipment Leasing and Finance Association Annual Conferences, Synovus Business Banking C&I Forum, and Consortium on Bank Regulation. Various national articles Mr. Phelan authored: Five Steps for Business Loan Planning, The RMA Journal, November, 2012, Fueling Economic Growth, The RMA Journal, November, 2011, The Economic Recovery and Changing Landscape of the U.S. Small Business Economy, The RMA Journal, December, 2010, Business Loan Delinquency Rates Continue to Edge Up, October 2006, Banks' Small-Business Lending Practices at Odds with Growth Aspirations, July 2006, Leasing and the Economy... Benchmarks Show Varied, but Improving, Credit Pooling Lease Payment History,” November 2000.