Wells Fargo Capital Finance 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.

Recovering and Evolving: Views on the Current Bank ABL Market

Higher rates, money tightening and interference from regulators following regional banking turmoil in 2023 have severely affected the banking industry. Bank leaders across the asset-based lending space sat down to discuss what it all means for the bank ABL sector

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

2023 Deals of the Year

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023.

Wells Fargo Capital Finance Underwrites $425MM to Support ABL Deal with St. Bernard Renewables

Wells Fargo Capital Finance was the left lead agent in underwriting $425 million to support an asset-based lending deal with St. Bernard Renewables, a subsidiary of PBF Energy, as it converted an idled refinery unit to process and produce renewable diesel. On this deal, Wesley Shaw, senior vice president of originations at Wells Fargo Capital […]

December 13, 2023 PBF Energy | 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

Siena Increases Senior Leverage Facility with Wells Fargo Capital Finance to $672.5MM

Siena Lending Group increased its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is an independent asset-based lending business.

February 1, 2023 David Grende | David Koshenina | Siena Lending Group | Wells Fargo Capital Finance 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

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