Wells Fargo Capital Finance completed a $20 million credit facility for EVOTEK. The facility will be used to support the company’s growth.
“EVOTEK has experienced tremendous growth since its inception. As a company that is less than 4 years old and privately funded with no outside financing interests, it is important to secure an additional financing option that will allow us to continue to support the needs of our customers and their evolving needs,” said Mari Rodish, general manager at EVOTEK. “The Wells Fargo team has been delightfully customer-focused and has created a cutting-edge financing solution to match our growth.”
“EVOTEK’s tremendous growth requires a sound financial platform,” said Anthony Lingafelt, vice president, Wells Fargo Capital Finance. “We are extremely excited to work with EVOTEK and support its financial goals by providing our industry-leading working capital solutions that combine unique channel financing solutions with traditional asset based lending solutions.”
Founded in 2014 and headquartered in San Diego, EVOTEK provides services in the cyber security, mobility and DevOps fields and assists consumers with moves from traditional IT computing to secure multi-cloud.
