Tag Archives: City Electrical Factors

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.