Wells Fargo Capital Finance (UK) Limited, part Wells Fargo & Company, is pleased to announce that on October 24 it won the Asset-based Lender Deal of the Year award from Insider Media Limited for the Bright Blue Foods (BBF) transaction.

Held in Manchester, the awards dinner recognised the region's corporate finance firms, banks, funders, private equity houses and individuals that have excelled in dealmaking over the past year. Upon receiving the award, Insider Media commended Wells Fargo for winning the award “against strong competition and market leading incumbents.”

“Wells Fargo is delighted and honoured to have won this award, which is a testament to the hard work and relationships we have built with customers and stakeholders in the North of the UK,” said Tom Weedall, head of UK Originations at Wells Fargo Capital Finance UK. “The asset-based credit facility for Bright Blue Foods was curated to fund its growth and capital needs. We are committed to helping our customers achieve financial success, and this transaction demonstrates the increasing capabilities and financial solutions Wells Fargo Capital Finance can tailor for its clients.”

Acting as the agent, Wells Fargo closed a £40 million working capital facility for Bright Blue Foods in January.

Beyond growth in asset-based lending in the UK, Wells Fargo Capital Finance provides technology finance and supply chain finance to companies throughout the UK and Europe.
About Wells Fargo Capital Finance

Wells Fargo Capital Finance, a unit of Wells Fargo Commercial Capital, provides comprehensive asset-based lending, supply chain finance, and technology finance to a wide spectrum of companies across the UK.