Padco Principals

Jim Padden, CLP since 1999

Jim has been president and owner of Padco since 1995. His original plan in life was to use his Industrial Engineering degree (Northwestern University, 1976) in the heavy equipment manufacturing industry and spent several years with Allis Chalmers and Cummins Engines before deciding to join his father at Padden and Company in 1990. His industrial background has served him well in the equipment financing business and brings a unique set of skills and innovative ideology to his management of Padco Financial Services.

Matt Padden, CLP since 2011

Matt also brings diverse skills to the table having graduated from University of Illinois in 2003 with a degree in Aeronautical Engineering. He decided to join the family business full time, after years of summers and vacations helping out at Padco. He became Vice President of Funding Operations in 2010 and works closely with our independent brokers, handling most of the credit analysis and approvals for financing contracts.