Stewart Hayes Archives

Wells Fargo Capital Finance Provides $110MM Credit Facility to Mountain Ridge Capital and Alpine Ridge Funding

Mountain Ridge Capital (MRC) and Alpine Ridge Funding (ARF), both independent asset-based lending and factoring companies backed by Arena Investors, closed a $110 million senior credit facility from Wells Fargo Capital Finance.

Wells Fargo Capital Finance Provides $50MM Credit Facility to Targeted Lending

Equipment finance company Targeted Lending closed a $50 million credit facility with Wells Fargo Capital Finance. The team at Targeted Lending been tailoring solutions for the equipment finance industry for more than 25 years.

January 25, 2024 Brian Gallo | Michael Philbin | Stewart Hayes | Targeted Lending | Wells Fargo Capital Finance Ian Koplin

Wells Fargo Capital Finance Provides $100MM Credit Facility to Legacy Corporate Lending

Legacy Corporate Lending, an independent asset-based lending company, closed a $100 million senior credit facility with Wells Fargo Capital Finance. The facility will support Legacy Corporate Lending’s growth in serving the middle-market ABL space.

October 24, 2023 Legacy Corporate Lending | Paul Martin | Stewart Hayes | Wells Fargo Capital Finance Ian Koplin

Building a Legacy: Stewart Hayes is Your Lender’s Favorite Lender

With nearly 30 years of experience in asset-based lending, Stewart Hayes has enjoyed a rich history of helping to build Wells Fargo’s lender finance unit and financing companies that have flourished in the industry. He shared his significant career experience and outlook on the industry with ABF Journal.

October 12, 2023 Stewart Hayes | Wells Fargo Capital Finance Ian Koplin

Bank of America and Wells Fargo Increase Alterna Capital Solutions’ LOC by $65MM

Alterna Capital Solutions added Bank of America to its senior lending syndicate and increased its line of credit by $65 million, with Bank of America supplying $50 million and Wells Fargo delivering an additional $15 million. Alterna’s line of credit now totals $205 million.

May 10, 2023 Alterna Capital Solutions | Bank of America | Stan Carpenter | Stewart Hayes | wells fargo Ian Koplin

MidCap Increases Credit Facility with Wells Fargo to Support New Equipment Finance Business

MidCap Business Credit increased its senior credit facility with Wells Fargo Capital Finance to $200 million. This upsize will enable MidCap to support the growth of its existing asset-based lending business and support the launch of its equipment finance vertical.

Wells Fargo Capital Finance Increases Credit Facility to $575MM for Siena Lending Group

Siena Lending Group increased its senior credit facility with Wells Fargo Capital Finance to $575 million. This upsize will enable Siena to continue its growth following a historic year in which it closed more than $565 million in facilities across 20 relationships.

March 23, 2022 David Grende | Siena Lending Group | Stewart Hayes | Wells Fargo Capital Finance Ian Koplin

Secured Finance Foundation Announces New Board for 2022

The Secured Finance Foundation announced its new board members and co-chairs for 2022 and noted the board members’ various areas of special attention, ranging from education, fundraising and community development to data and next generation initiatives.

Wells Fargo Capital Finance Adds $30MM to Alterna Capital Solutions’ Credit Facility

Wells Fargo Capital Finance increased Alterna Capital Solutions’ asset-based credit facility by $30 million. The line increase brings the firm’s total credit facility to $110 million.

March 3, 2021 Alterna Capital Solutions | Stan Carpenter | Stewart Hayes | Wells Fargo Capital Finance Phil Neuffer

AP Equipment Financing Closes $110MM Credit Line with Wells Fargo

AP Equipment Financing has closed a $110 million line of credit with the Lender Finance division of Wells Fargo Commercial Capital.

March 10, 2020 AP Equipment Financing | Chris Enbom | Stewart Hayes | Wells Fargo Commercial Capital Phil Neuffer

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