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Stellify Announces Closing of $75MM Credit Facility with Wells Fargo

July 27, 2026, 07:16 AM
Filed Under: Company Announcements

Stellify Capital LLC announced the successful closing of an up to $75 million credit facility with Wells Fargo Bank N.A. 

This facility follows the Company’s announcement in January of a $75 million facility from Sun Life Capital Management and the launch of Stellify in September 2025. 

In less than 12months, Stellify has launched its business ‘de novo’, closed a total of $150 million in funding facilities with two well-known lenders in the equipment finance market and reintroduced an acknowledged industry leading team to the national market. Stellify Capital is led by the former full leadership team of Pawnee Leasing Corp. 

“Stellify’s launch has been exceptional and our success is attributed to the remarkable efforts of our very accomplished team and our amazingly supportive TPO partners, underpinned by perhaps the most experienced bank lender in equipment finance in Wells Fargo” said Gary Souverein, President of Stellify Capital. “We are very thankful for the confidence in Stellify that Wells Fargo’s commitment represents.” 

“As a prior lender to the Stellify management team, we were pleased to renew our partnership with Stellify and have constructed a facility to support their business for many years to come,” said Stewart Hayes, Managing Director/Senior Vice President of Lender Finance at Wells Fargo Bank, N.A. “With Stellify’s experience, ownership group, and financial platform they are well positioned to support the third-party channel, and recreate the well-respected brand and enterprise their team was synonymous with.” 



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