About Banterra Machine Tool Finance
Banterra’s Machine Tool Finance team understands the challenges of running small to mid-size businesses. You have ongoing capital needs in order for your business to flourish and grow. What you do, day in and day out, with running a business is truly the backbone of America and as your lender, we are right there with you. Our Machine Tool Finance team has more than a hundred years of experience in supporting businesses with capital needs and doing what it takes so they can compete with the world. We have a great passion for working with our customers, and being part of a bank that understands the importance of personalization and helping businesses grow.
We are one of the country’s largest community banks, ranked in the top ten percent of all U.S. banks with total assets. We know our customers well, because that relationship is key for their success as well as our own. We are not a mega-bank and have no desire to be. Our main goal is to know our customers, serve them well and help them grow their business.
Banterra offers simple-interest financing with no pre-payment penalties in most cases. We encourage financing vs. leasing equipment, because you deserve to own your investment and be in the position to pay off early if you choose. We make the process easy with online application available, quick approvals, and minimal paperwork.
Give us an opportunity to support your business needs and partner with you on this continued journey. Contact us today, we are ready to help.
Team Members
Marty Biestek
(Chicago Area, IL) Regional Manager
Division: Banterra Machine Tool Finance
Marty Biestek
Primary region: Northern Illinois, Wisconsin, Minnesota, Iowa, Missouri, and Kansas
Marty joined Banterra’s Machine Tool Division in 2009 bringing with him a diverse customer base in both the metal cutting and plastics industries. Marty has been out on the streets selling equipment financing since 1989 with the primary focus on machine tool lending for over 22 years. Handling the Illinois, Wisconsin and Indiana territories, Marty seems at his best when he is visiting a customer’s location, hearing about the company’s growth plans, new contracts they have obtained and potential financing needs.
Bradley L. Cagle
Director of Funding and Specialized Lending Operations
Division: Banterra Bank
Bradley L. Cagle
Brad has served as Banterra’s Senior Specialized Lending Officer for the past three years, and his division covers multiple areas of specialized lending across the U.S. His financial background includes eleven years of banking experience and nearly twenty years as a Certified Public Accountant. Prior to joining Banterra, Brad worked eight years with U.S. Bank as a Credit Analyst and Commercial Loan Officer and ten years as a partner/shareholder of a local CPA practice.
Jason Knight
Director of Specialized Lending
Division: Banterra Machine Tool Finance
Jason Knight
Jason started his banking career with Banterra during high school in Southern Illinois, then joined a bank in Scottsdale while attending college in Arizona. After college, Jason and his brother seized an opportunity to acquire a failing Illinois manufacturing company in the marine industry and are now in their 32nd year of operation. In 2004, Jason joined Banterra Bank’s Board of Directors, and in 2013, he agreed to leave the day-to-day management of the manufacturing company to his brother and join Banterra full time to aid in expanding their RV financing department into the consumer marine finance space. Jason currently serves as the Director of Specialized Lending, which includes Aircraft Finance, Machine Tool Finance, Small Business Administration (SBA) Lending, RV & Marine Lending and Transportation Lending. With years of experience in both finance and manufacturing, plus extensive US travels, Jason provides a unique knowledge of what businesses need to be successful.
Paul Lavoie
(Tallahassee, Florida) Regional Manager
Division: Banterra Machine Tool Finance
Paul Lavoie
Primary region: Florida, Georgia, Alabama, Louisiana, Mississippi, Texas and Oklahoma
Paul has been selling or financing machinery for over 25 years. Like so many family machine shop customers, Paul followed his father into the machinery business after graduating from the University of Florida. His experience with the manufacturing process paired with his expertise in equipment financing result in quick effective solutions for his customers. His straightforward manner and plain speak about the financing process provide his customers with clarity and confidence, no finance industry jargon here that is only meant to confuse or perplex.
Dale Luzier
(Arizona) Relationship Manager
Division: Banterra Machine Tool Finance
Jeff May
President & CEO
Division: Banterra Bank
Jeff May
As President & CEO of Banterra Bank, Jeff May is responsible for all aspects of the holding company and bank’s functions. Jeff joined Banterra in 2002 and was promoted to President & CEO in 2013. Since joining the bank, Banterra has grown assets from $400 million to almost $3 billion. Under his leadership, he established new banking markets including Southeast Missouri, St. Louis, Indiana, Salt Lake City and Arizona areas including Scottsdale, Tempe and Sun City West. He also started four specialty lending divisions and acquired a bank with four branches. He came to Banterra with more than twenty years of experience with the FDIC. His financial expertise is difficult to beat, and he ensures that Banterra has a team of experts to provide various banking needs and the latest in innovation for our customers.
Mark Schimmel
(Detroit Area, MI) Relationship Manager
Division: Banterra Machine Tool Finance
Mark Schimmel
Primary region: Michigan, Ohio, Indiana, and Kentucky
Working out of the Detroit area, Mark has over 30 years of experience in the Equipment Finance / Banking industry. Prior to Banterra, Mark was at Huntington Bank for eight years in their leasing operation and conventional lending area. Being in the Detroit area, financing machine tools has always been a big part of his lending experience.