Bill Phelan
President & Co-FounderPayNet
Bill Phelan is one of the nation’s leading experts on small business credit trends. He is president and co-founder of PayNet, Inc., a firm he has grown into the largest collection of commercial loans and leases with more than 22 million contracts worth $1.3 trillion in loan value. PayNet. is the leading provider of credit ratings on small businesses, enabling lenders to achieve optimal risk management, growth, and operational efficiencies.

Prior to co-founding PayNet, Mr. Phelan managed investments for Trustmark Insurance Company in Lake Forest, Ill. He is a member of the Advisory Council on Agriculture, Small Business and Labor of the Chicago Federal Reserve Bank. Mr. Phelan’s expertise is regularly quoted by national media outlets such as Reuters, Bloomberg Business News, CNBC, FOX Business News and Associated Press.

Phelan previously worked at Dain Rauscher Securities, Ernst & Young, and IBM. He has a Bachelor of Arts degree from Carleton College, an MBA from Loyola University GSB, and the Chartered Financial Analyst (CFA) designation.
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