Wells Fargo Capital Finance announced Eric Baymiller will lead Direct Loan Originations for the Western U.S.  The Loan Originations Group, led by Jim Marasco, delivers flexible and customizable asset-based financing structures to a wide range of companies in the U.S., Canada and U.K. with specialty verticals in many industries such as retail, healthcare and technology.

“Eric has been a key contributor to the growth of our San Francisco office, with significant and sustained success in bringing our customers the right financial products to meet their business needs,” said Marasco, head of Loan Originations. “Eric is a highly-respected team player, leader and innovative thinker who offers in-depth knowledge of asset-based lending and a strong financial product understanding of the vast array of the solutions and services we offer within our Wholesale Banking Group.”

Baymiller, a 27-year asset-based industry veteran and based in San Francisco, has been with Wells Fargo since 2008. Prior to joining Wells Fargo, he worked at Rabobank, Union Bank, GE Capital, and Heller Financial in various business development roles and managerial capacities.

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.