Lawrence Elton

Background

About Lawrence Elton

My banking career began in 1961—first in operations, later in lending and lastly in executive positions—at Marine National Exchange Bank, Midland National Bank and F&M Bank. I left banking in 1992 to start Advantage Leasing Corporation, a closely held direct business lender. The company subsequently dropped "leasing" from its trade name (now "Advantage+") because its contracts are structured as loans. Advantage finances business equipment nationwide, focusing on to loans. Our primary focus is financing customers of equipment manufacturers, distributors and dealers. Advantage also works directly with borrowers-nearly half our business is repeat or referral business from past or present borrowers. I attended Ripon College, University of Wisconsin-Milwaukee (BA-Economics) and subsequently took various advanced business and accounting courses. I have three grown children and six grandchildren. My wife Gayle, dog Dolly, and I live in Elm Grove, Wisconsin. Specialties: Our understanding of small business and commonsense underwriting helps us turn transactions into long-term relationships.