Wells Fargo & Company announced Amrita Patel will lead Wells Fargo Equipment Finance (WFEF), which offers specialized financing for purchase, acquisition or leasing of assets pertaining to equipment, transportation and rental fleets, as well as...
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August 02, 2022, 07:27 AM
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Following eight straight years of strong optimism, construction industry executives say they are slightly cautious about 2020 for their business sector, according to the 44th annual Wells Fargo Construction Industry Forecast. Despite the shift, the...
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March 11, 2020, 07:15 AM
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Bill Mayer, head of Wells Fargo Equipment Finance, has been recognized by the Boston Corporate Finance Community (BCFC), a collaboration of Boston-based companies active in the corporate finance industry, including Wells Fargo.BCFC honored Mayer for...
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October 22, 2019, 07:00 AM
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Wells Fargo Equipment Finance (WFEF), a division of Wells Fargo Commercial Capital (WFCC), announced the appointment of three key leaders in its Specialty Industries business unit, led by Executive Vice President Byron Payne.
Effective immediately...
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October 03, 2019, 07:30 AM
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Wells Fargo Equipment Finance (WFEF), a division of Wells Fargo Commercial Capital (WFCC), announced Scott Collier has been promoted to Chief Administrative Officer, effective immediately. Collier assumes the role previously held by James Dore, who...
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April 16, 2019, 07:30 AM
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For the eighth consecutive year, construction industry executives say they feel optimistic about the year ahead for their business sector, according to the 43rd Wells Fargo Construction Industry Forecast released. The 2019 forecast reveals sustained...
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February 27, 2019, 07:30 AM
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Wells Fargo Equipment Finance (WFEF) announced Lisa Thomason was promoted to lead its operations team. Effective immediately, Thomason reports to Lisa Sawyers, head of Operations for Wells Fargo Commercial Capital (WFCC). WFEF is one of seven Wells...
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February 26, 2019, 07:30 AM
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Wells Fargo Equipment Finance (WFEF), a Wells Fargo & Company subsidiary and Commercial Capital unit, announced Geoffrey Sale has joined its Automotive and Aerospace team as Division Sales Manager. Based in Detroit, Sale reports to John Crum, WFEF...
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February 05, 2019, 07:15 AM
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Wells Fargo announced James Dore has been promoted to Chief Credit Officer of its Equipment Finance group. Effective immediately, he succeeds Andrew Rupprecht, who retired in September after 23 years with the company. Based in Boston, Dore most...
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December 04, 2018, 07:45 AM
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Construction industry executives are more optimistic about nonresidential construction activity than they have been since the 21st Century, according to a nationwide survey of industry contractors and equipment distributors released today from Wells...
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March 01, 2018, 07:25 AM
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Fleet Financing Resources (FFR) has surpassed $350 million in lease and finance transactions through its vendor platforms with two of its primary funding partners: Wells Fargo Equipment Finance, Inc. (WFEFI) and Signature Financial, LLC.Initiated in...
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September 14, 2017, 07:16 AM
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Construction industry executives have entered 2017 with increased optimism for nonresidential construction activity, according to a recent survey of industry contractors and equipment distributors released today from Wells Fargo Equipment Finance. ...
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March 07, 2017, 07:18 AM
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Fleet Financing Resources announced that they have renewed their long-standing, successful vendor partnership with Wells Fargo Equipment Finance. The vendor program financing agreement includes an $85 million credit facility with $45 million of the...
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January 24, 2017, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their...
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November 22, 2016, 07:10 AM
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Wells Fargo & Company announced that Henry Jordan, the chairman and chief executive officer of Wells Fargo Capital Finance, will retire on December 31, 2016. Following Jordan’s retirement, Wells Fargo Capital Finance will join Wells Fargo Commercial...
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October 25, 2016, 07:25 AM
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Wells Fargo Equipment Finance announced the appointment of 14-year industry veteran Mac Braun to lead the agricultural and golf and turf segments for the Wells Fargo Vendor Financial Services group. Dave Copley will support Braun’s transition until...
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August 03, 2016, 07:00 AM
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Wells Fargo & Company has named leaders for its Equipment Finance and Commercial Distribution Finance (CDF) Canada divisions following the completed acquisition of GE Capital’s Direct, Vendor and CDF businesses earlier this year. Continuing to...
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May 19, 2016, 07:26 AM
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Wells Fargo Equipment Finance announced the appointment of 30-year industry veteran Jim Kelly to lead the new Wells Fargo Vendor Financial Services group, which includes the combined GE and Wells Fargo vendor platforms. Based in Irving, Texas, Kelly...
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April 27, 2016, 07:34 AM
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The construction industry is entering 2016 less optimistic than in 2015, but overall bullish about local, nonresidential construction activity, according to a recent survey of industry contractors and equipment distributors released today from Wells...
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January 20, 2016, 07:05 AM
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HIPOWER SYSTEMS, a manufacturer of power generation and power distribution equipment in the U.S. and Canada, announced the launch of its new HIPOWERED finance program. U.S. customers now have the option to either lease or finance HIPOWER SYSTEMS’...
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October 08, 2015, 07:07 AM
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Fleet Financing Resources (FFR) announced that they have renewed their vendor program financing agreement with Wells Fargo Equipment Finance Inc. (WFEFI). Initiated in 2003, funded volume of the program exceeds $210 million; the renewal also...
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May 14, 2015, 07:02 AM
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Construction contractors and equipment distributors have continued optimism about local, nonresidential construction activity in 2015 and expect a strong rental market and increasing equipment acquisitions, according to a survey from Wells Fargo...
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February 26, 2015, 07:14 AM
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Wells Fargo Equipment Finance Company, a subsidiary of Wells Fargo & Co., offering equipment financing and leasing to businesses throughout Canada, announced it has hired Anthony Zambon to lead the sales and originations team in Canada. Zambon, who...
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February 23, 2015, 07:19 AM
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Wells Fargo & Company announced that Bill Mayer will become head of its Equipment Finance group, the second largest bank-affiliated equipment leasing and finance business in the U.S. Mayer will succeed John McQueen, a 21-year company veteran who...
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October 06, 2014, 07:03 AM
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Activity in the construction industry continues its multi-year improvement trend with a notable change in 2014 compared to 2013, according to the latest Construction Executive Survey from Wells Fargo Equipment Finance. A much larger percentage...
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October 02, 2014, 06:55 AM
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Wells Fargo & Company announced that John McQueen, head of Wells Fargo Equipment Finance, will retire from Wells Fargo at the end of 2014 after 21 years of service. Under John’s leadership, Wells Fargo Equipment Finance has established itself as an...
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July 17, 2014, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) announced that its 2014 Operations and Technology Excellence Award will go to two companies: BB&T Equipment Finance Corporation and Wells Fargo Equipment Finance, Inc. The winners were selected by...
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July 10, 2014, 06:27 AM
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Wells Fargo Equipment Finance, through its Energy and Marine and Capital Markets Groups, acting in the capacity of lead arranger, closed a $209 million financing facility for Signet Maritime Corporation (Signet), a global marine transportation...
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May 16, 2014, 06:45 AM
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Fleet Financing Resources, LLC. (FFR), announced that they have renewed their vendor program financing agreement with Wells Fargo Equipment Finance Inc. (WFEFI). Initiated in 2003, the total funded volume has exceeded $180 million; the renewal also...
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March 13, 2014, 06:35 AM
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Industry executives expect higher levels of non-residential construction, equipment purchases and rentals in 2014 Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2014...
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February 26, 2014, 07:05 AM
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The Brownsville Herald reported Brownsville Doctor’s Hospital filed for Chapter 7 bankruptcy on Dec. 11, 2013, halting a civil lawsuit filed against it by Key Equipment Finance. According to the report, Key Equipment Finance filed an emergency motion...
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January 21, 2014, 07:00 AM
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Companies are planning to increase their investment in equipment in the coming year according to a new report released by Infinity Research. As a result, a majority of them would be depending on different sources of finance such as leasing, loans...
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November 11, 2013, 06:30 AM
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The Q3 2013 Wells Fargo Equipment Finance Trucking Quarterly says the trucking industry is continuing its long haul toward full economic recovery. According to the report, orders of class 8 trucks stalled slightly over the summer, but as the economy...
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October 09, 2013, 06:52 AM
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The Third Quarter 2013 Construction Executive Survey from Wells Fargo Equipment Finance confirms that the construction industry continues on an upward path. According to the survey, 57.7% of the executives surveyed said activity was “somewhat higher”...
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October 07, 2013, 07:00 AM
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Construction contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2013, according to a survey by Wells Fargo Equipment Finance.As part of its 2013 Construction Industry Forecast, Wells...
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March 07, 2013, 07:20 AM
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Fleet Financing Resources, LLC. (FFR), announced that they have renewed their vendor program financing agreement with Wells Fargo Equipment Finance Inc. (WFEFI). Initiated in 2003, the total funded volume has exceeded $140 million; the renewal also...
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February 13, 2013, 07:30 AM
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According to the Wells Fargo Equipment Finance Q4 2012 Trucking Quarterly, growth in the trucking industry is expected to remain at a sub-par pace over the next two quarters as the fiscal cliff negotiations heat up. According to the report, Sam...
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December 13, 2012, 07:48 AM
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The Q3 survey of construction executives conducted by Wells Fargo Equipment Finance reveals a sentiment that construction activity has been rising compared to a year ago. However, about 61% said they felt that the downturn in the construction...
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September 26, 2012, 07:45 AM
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According to the Wells Fargo Equipment Finance Trucking Quarterly Report for Q3 2012, improved performance in new home construction should help support growth in the transportation industry during the second half of the year. The report states that...
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September 19, 2012, 07:34 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the August 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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August 21, 2012, 08:00 AM
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