Wells Fargo Capital Finance, part of Wells Fargo & Company, announced that  on Wednesday, Apr. 22, the Wells Fargo Capital Finance team in the UK took home the 2015 Asset-Based Lender of the Year award at the 14th Annual Private Equity Awards in London. Hosted by Real Deals, the awards dinner recognizes Europe’s private equity community, and those who support it.

“We’re very honoured that our peers have recognized the success of our team, and we’re thrilled to continue to build the Wells Fargo brand in the UK,” said Steven Chait, managing director and EMEA regional head for Wells Fargo Capital Finance  

Beyond growth in asset-based lending in the UK, Wells Fargo Capital Finance also continues to expand its Technology Finance portfolio, working with enterprise software and technology companies to leverage their recurring revenue streams to access capital.