Targeted Lending succesfully closed a $50 million credit facility with Wells Fargo Capital Finance. “The relationship with Wells Fargo supports Targeted Lending’s commitment to providing crucial liquidity to small businesses, particularly at a time...
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January 25, 2024, 07:10 AM
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Gibraltar Business Capital announced Jim Marasco, a widely respected senior executive leader who served on GBC’s Board of Directors, is joining the GBC leadership team as Head of Originations.Prior to Gibraltar, Marasco spent over three decades with...
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April 25, 2023, 07:18 AM
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Siena Lending Group announced an increase to its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is a leading independent asset based lending business, supporting middle market...
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February 02, 2023, 06:00 AM
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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...
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April 12, 2022, 07:00 AM
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Drips, the founders of Conversational Texting, announced that, concurrently with its previously announced growth investment, it established a credit facility with Wells Fargo Capital Finance’s Technology Finance group.The Wells Fargo facility will...
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August 11, 2021, 07:00 AM
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Hilco Global announced its commercial-industrial team has acquired all of the assets of Sutton Leasing, a large fleet leasing company based in Sterling Heights, MI, in a multi-million-dollar transaction.The Hilco Commercial Industrial team plans to...
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May 26, 2021, 07:23 AM
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Wells Fargo Capital Finance, part of Wells Fargo Commercial Capital, announced it has completed its U.S. sales leadership team for the Middle Market Asset-Based Lending (ABL) group, which focuses on transactions under $35 million. With more than a...
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July 17, 2019, 07:12 AM
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An affiliate of Variant Equity Advisors, LLC (Variant Equity) announced the completed acquisition of Coach USA and Coach Canada, in which Wells Fargo Capital Finance (WFCF), a unit of Wells Fargo Commercial Capital, acted as administrative agent...
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June 06, 2019, 07:15 AM
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Wells Fargo Capital Finance (WFCF), a unit of Wells Fargo Commercial Capital, announced Jack Morrone and Daniel Pfeiffer have been promoted to lead its Channel Finance division, the world’s largest channel financing platform that serves resellers...
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May 17, 2019, 07:15 AM
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Andrea Petro, launched Lender Finance in 2000, to retire after 30 years in asset-based lending industry.Wells Fargo Capital Finance, part of Wells Fargo & Company, named Cyndi Giles head of its Lender Finance Group effective November 29th. In her...
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November 08, 2017, 07:15 AM
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Wells Fargo Capital Finance named Holly Kaczmarczyk head of the Supply Chain Finance Group and her expected transition will take place in Q4. In her role, Kaczmarczyk will be working closely with clients to offer working capital solutions that...
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September 07, 2017, 07:14 AM
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Wells Fargo & Company announced that David Marks has been named head of Wells Fargo Capital Finance, the bank’s asset-based lending unit. In his role, Marks will oversee the core business groups of Capital Finance, which provides traditional...
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April 10, 2017, 07:16 AM
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Wells Fargo Capital Finance, part of Wells Fargo & Company, announced that Richard Zeni has joined its Loan Originations team in Canada as a business development officer. Based in Toronto, Zeni is primarily responsible for sourcing and structuring...
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November 14, 2016, 07:15 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 Capital Finance announced the promotion of healthcare finance veteran Kevin Harbour in its Healthcare Finance Group. Based in Santa Monica, Harbour will lead a team of business development professionals focused on providing senior...
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August 31, 2016, 07:00 AM
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Wells Fargo Capital Finance, part of Wells Fargo & Company, announced the new originations team for its Supply Chain Finance Group. This team is a result of the acquisition of GE Capital’s Commercial Distribution Finance business, which has now made...
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August 25, 2016, 07:10 AM
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National Funding announced that it has secured additional funding from its longtime bank partner, Wells Fargo. Wells Fargo Capital Finance will increase its line of credit up to $75 million, which will help fund small business, working capital and...
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October 13, 2015, 07:05 AM
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Wells Fargo Capital Finance announced the addition of healthcare finance veteran Jason Dufour to its Healthcare Finance Group. Based in McLean, VA, Dufour’s efforts will be focused on providing senior secured financing to middle market healthcare...
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September 24, 2015, 07:02 AM
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Wells Fargo Capital Finance announced that Nick Lawrence has been appointed as managing director for Supply Chain Finance (SCF) as it finalizes the build out of its European platform to support all three international products, Channel Finance...
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August 18, 2015, 07:04 AM
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North Mill Equipment Finance LLC (“North Mill”) announced that it has increased the size of its senior loan facility with Wells Fargo Capital Finance to $75 million. The increased loan facility will enable North Mill to expand its business of...
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April 22, 2015, 07:03 AM
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Spurred by rapid growth of the life sciences supercluster in Boston, Wells Fargo announced the expansion of its Commercial Banking capabilities to serve life sciences companies. The company has named Katherine Andersen, a 15-year finance veteran of...
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January 28, 2015, 06:10 AM
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Wells Fargo Capital Finance is expanding their Supply Chain Finance team domestically and internationally. The expanded team will support and target the growing middle-market technology sector, which consists of IT value-added resellers (VARs)...
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September 25, 2014, 07:30 AM
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Business Financial Services announced a $125 million credit line with Wells Fargo Capital Finance, a part of Wells Fargo & Company. The new credit line is an increase from the existing $82 million credit line that the company announced last...
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August 28, 2014, 06:30 AM
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Wells Fargo Capital Finance announced that their Supply Chain Finance group, has established a channel financing program for solution providers in the AT&T Partner ExchangeSM reseller program. The innovative program helps solution providers create...
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February 27, 2014, 06:05 AM
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Wells Fargo Capital Finance, part of Wells Fargo & Company, announced that their Supply Chain Finance group, has established a Channel Financing program for Dell, a leading global technology solutions company. Dell Financial Services, in cooperation...
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February 05, 2014, 06:52 AM
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To better meet the global needs of its clients, Wells Fargo Capital Finance, part of Wells Fargo & Company, has formed a Commercial Services Division to provide factoring and accounts receivable financing products and services for U.S. and...
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June 26, 2013, 07:06 AM
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Balboa Capital announced the expansion of its point-of-use water (POUW) equipment vendor financing team. The company added new finance managers, credit specialists and customer service representatives, plus made several key enhancements to its POUW...
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June 04, 2013, 07:00 AM
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Wells Fargo Capital Finance, part of Wells Fargo & Company, announced the addition of healthcare finance veteran Rossi Felix as managing director within its Healthcare Finance Group. Based in Dallas, TX, Rossi’s efforts will be solely focused on...
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May 20, 2013, 06:00 AM
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North Mill Equipment Finance LLC (“North Mill EF”) announced that it has entered into a $50 million senior loan facility with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC). The new loan facility will enable North Mill EF to...
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May 01, 2013, 07:15 AM
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Balboa Capital Corporation announced the acquisition of a revolving credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company. Balboa Capital will use this additional capacity to fund the company’s complete portfolio of...
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December 20, 2012, 07:00 AM
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New York Business Journal reported that Goldman Sachs helped Capital Access Network Inc. close on a $1 billion round of financing that will target small businesses. According to the report, New York City-based Capital Access said the investment bank...
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September 28, 2012, 06:32 AM
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Rapid Financial Services, LLC (dba RapidAdvance), one of the nation's leading providers of short term financing to small businesses, today announced that it has closed a new financing facility, supporting its ability to serve the increased demand for...
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April 02, 2012, 02:00 PM
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