Wells Fargo Capital Finance has 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 secured asset based, real estate, and cash flow financings to middle market healthcare companies throughout the United States, operating across a variety of sectors, including acute care and specialty hospitals, skilled nursing and post-acute care, behavioral health, hospice, medical device, pharmaceutical and others.
“Kevin has been an important part of our Healthcare Finance Group since joining 4 years ago,” stated Rhonda Noell, head of the Healthcare Finance Group at Wells Fargo Capital Finance. “He is vital to helping us grow the business and supporting our vision and values of meeting the financial needs of our customers. I’m proud to promote Kevin to a role that he was meant to do.”
Harbour has nearly 13 years of experience with Wells Fargo Capital Finance. In his previous role as National Underwriting Manager of the Healthcare Finance Group, Harbour was responsible for overseeing the structuring, underwriting and execution of all healthcare transactions. Prior to that, he held various roles in the areas of originations, underwriting, and portfolio management, where his experience included working out of distressed loans, identifying and structuring new credit opportunities, and leading due diligence efforts on potential transactions.
Wells Fargo Capital Finance is the trade name for certain asset-based lending services, senior secured lending services, accounts receivable and purchase order finance services, and channel finance services of Wells Fargo & Company and its subsidiaries, and provides traditional asset-based lending, specialized senior and junior secured financing, accounts receivable financing, purchase order financing and channel finance to companies across the United States and internationally. Dedicated teams within Wells Fargo Capital Finance provide financing solutions for companies in specific industries such as retail, software and hi-tech, healthcare, commercial finance, staffing, government contracting and others.