Wells Fargo Capital Finance Archives - Page 2 of 27

Wells Fargo Capital Finance Provides $88.6MM Hybrid Facility to AllSaints and John Varvatos

Wells Fargo Capital Finance provided a global hybrid asset-based and intellectual property facility to AllSaints and its subsidiary, John Varvatos. More specifically, acting as the sole lender, Wells Fargo Capital Finance provided a multijurisdictional, five-year, £65 million ($88.6 million) financing solution.

Wells Fargo Delivers $50MM Credit Facility to Medsphere

Wells Fargo extended a $50 million credit facility to Medsphere, a provider of affordable and interoperable healthcare IT platform solutions, enabling the company to continue its current growth trajectory.

October 28, 2021 Irv Lichtenwald | Medsphere | Michael Ackad | 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, Fifth Third and BofA Increase Renewable Energy Group’s LOC to $250MM

Renewable Energy Group extended and increased its line of credit with Wells Fargo Capital Finance, Fifth Third Bank and Bank of America to a maximum of $250 million. The facility was also extended through five years through September 2026.

Wells Fargo Capital Finance Provides Credit Facility to Drips

Drips, concurrently with a previously announced growth investment, established a credit facility with Wells Fargo Capital Finance’s technology finance group.

August 12, 2021 Aaron Christopher Evans | Drips | Michael Ackad | Wells Fargo Capital Finance Ian Koplin

Wells Fargo Capital Finance Provides $400MM Credit Facility to Siena Lending Group

Siena Lending Group, an independent asset-based lending company, increased its senior credit facility with Wells Fargo Capital Finance to $400 million.

August 4, 2021 David Grende | David Koshenina | Siena Lending Group | Wells Fargo Capital Finance Ian Koplin

Wells Fargo Capital Finance Delivers $208.9MM Asset-Based Credit Facility to City Electrical Factors

Acting as the sole lender, Wells Fargo Capital Finance provided a five-year £150 million ($208.9 million) asset-based credit facility to City Electrical Factors, an electrical wholesale network based in the United Kingdom. The facility will provide liquidity for the future growth and working capital requirements of City Electrical Factors.

August 4, 2021 Charlie Beddows | City Electrical Factors | Julian Osborne | Wells Fargo Capital Finance Ian Koplin

Accel-KKR, Centre Lane and Wells Fargo Supply $67MM in Financing to Salary.com

Accel-KKR Credit Partners, Centre Lane Partners and Wells Fargo Capital Finance led a $67 million financing round for Salary.com, a compensation solutions provider. Prior investors H.I.G. Capital and Salary.com’s management also participated.

Old Compass Financial Launches as New Field Examination Firm

Old Compass Financial, a new field examination firm, commenced operations from its headquarters in Charleston, SC. The firm is led by Joel A. Good, an asset-based lending industry veteran with more than 24 years of field examination and audit experience.

March 22, 2021 Durkin Group | Ernst & Young | Joel A. Good | Old Compass Financial | Wells Fargo Capital Finance Phil Neuffer

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

Tag Archives: Wells Fargo Capital Finance