Wells Fargo Capital Finance (UK) Limited, part of Wells Fargo & Company, announced that it worked with a newly formed European based investor group to support their acquisition of Puragen through providing a $7.5 million funding package on US based...
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January 29, 2020, 09:15 AM
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Corrboard UK Limited, a Scunthorpe based corrugated sheet manufacturer, received a £12 million funding package from U.S. financial services company, Wells Fargo Capital Finance UK, a transaction that was sourced and advised on by Sheffield based deal...
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March 21, 2019, 09:00 AM
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Presidential Financial Corporation (PFC) announced that Larry Swinney has joined its team as a business development officer in Atlanta, Georgia. In his new role, Swinney will be responsible for originating, structuring and funding asset based...
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June 27, 2017, 07:00 AM
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Presidential Financial Corporation (PFC) announced that Kevin Pearce has joined its team as a business development officer in Phoenix, Arizona. In his new role, Pearce will be responsible for originating, structuring, and funding asset-based...
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April 24, 2017, 07:00 AM
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Danielle Prentis, an experienced portfolio manager, has been named senior business development officer for KeyBank Business Capital (KBBC). Prentiss, who is a vice president, joins KBBC as a result of KeyBank’s acquisition of First Niagara Financial...
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February 23, 2017, 07:00 AM
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Upland Software, Inc., a leader in cloud-based Enterprise Work Management applications, announced an expanded credit facility with Wells Fargo Capital Finance and CIT Bank, N.A. as joint lead arrangers. The facility provides up to $90 million in...
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November 17, 2016, 08:17 AM
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Zones, Inc. announced the acquisition of nfrastructure Technologies LLC, a provider of core-to-edge technical and managed services. Terms of the deal were not disclosed. Deloitte Corporate Finance acted as advisor to nfrastructure during this...
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October 24, 2016, 08:02 AM
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At its annual stockholders meeting, Essex Rental Corp. provided an update on the status of its wholly-owned subsidiaries, Essex Crane Rental Corp. ("Essex Crane") and Coast Crane Company ("Coast Crane").
Update on Essex Crane Rental Corp.On...
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September 14, 2016, 07:42 AM
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JinkoSolar Holding Co., Ltd., a global leader in the solar PV industry, announced that its wholly owned subsidiary, JinkoSolar (U.S.) INC., has signed amendments to the credit agreement with Wells Fargo Capital Finance, a division of Wells Fargo Bank...
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July 15, 2016, 07:56 AM
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Essex Rental Corp. provided several updates on its business, financial condition and other matters.On June 23, 2016, the Company's subsidiary, Essex Crane Rental Corp. (“Essex Crane”), entered into a Sixth Forbearance Agreement (the "Forbearance...
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July 12, 2016, 07:36 AM
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Finacity Corporation has successfully launched an IFRS off-balance sheet trade receivables securitization for Votorantim Cimentos North America Inc. ("VCNA"). The transaction allows for up to $150 million in funding of the senior tranche from Wells...
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June 06, 2016, 07:39 AM
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Wells Fargo Capital Finance announced on Apr. 19, the Wells Fargo Capital Finance team in the UK took home the 2016 Asset-based Lender of the Year award at the 15th Annual Private Equity Awards in London. Hosted by Real Deals, the awards dinner...
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April 20, 2016, 07:59 AM
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Hercules Capital, Inc. announced that effective March 8, 2016, it has expanded its credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company, under which AloStar Bank of Commerce has committed $20.0 million, for a total of $95.0...
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March 08, 2016, 08:03 AM
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On May 15, 2015, the Boise Cascade and its principal operating subsidiaries, Boise Cascade Wood Products, L.L.C., and Boise Cascade Building Materials Distribution, L.L.C., as borrowers, and Boise Cascade Wood Products Holdings Corp., Chester Wood...
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May 18, 2015, 07:51 AM
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Fast A/R Funding, a specialty finance company, announced that it has acquired Continental Business Credit (Continental), a 25 year-old privately held commercial finance company providing factoring and asset based lending to manufacturers, importers...
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May 08, 2015, 07:51 AM
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Wells Fargo Capital Finance announced that it acted as administrative agent on four deals totaling $140 million for healthcare companies including Tender Touch Rehab Services, Life Centers of America, Inc., Cornerstone Health Care, P.A. and Liberty...
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April 01, 2015, 07:13 AM
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The Gores Group, a leading Los Angeles-based private equity firm, announced today that it has partnered with Andy Greenlee, the CEO, and several members of the management team to purchase US Farathane Corporation. US Farathane is a leading solutions...
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January 13, 2015, 07:36 AM
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Fresh Produce, a leading apparel brand for women, has secured a new senior credit facility via incumbent lender Wells Fargo Capital Finance, part of Wells Fargo & Company. This three-year facility more than doubles the company's available financing...
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October 06, 2014, 07:07 AM
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Integrated Electrical Services, Inc. (or "IES") announced that it has amended its Credit and Security Agreement (the "Amended Facility") with Wells Fargo Capital Finance. The Amended Facility expands the maximum revolver amount from $30 million to...
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September 25, 2014, 07:54 AM
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Tennenbaum Capital Partners, LLC, an alternative investment management firm, announced that Carolyn Glick has joined TCP. Glick will source and execute credit investments across the firm's performing and special situation credit strategies. TCP is...
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September 09, 2014, 07:38 AM
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Wells Fargo Capital Finance provided financing to support Command Alkon Inc. in its acquisition of FiveCubits, Inc. Command Alkon provides software and hardware solutions for the construction materials industry. As a new division of Command Alkon...
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August 21, 2014, 07:36 AM
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Speed Commerce, Inc. has completed the asset sale of its legacy distribution business segment to WYNIT Distribution, LLC, a leading national wholesale distributor of products from the top national brands in a number of industries.The divestiture...
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July 10, 2014, 07:13 AM
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Rexford Industrial Realty, a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced that Peter Schwab has been elected as an independent director to the...
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March 03, 2014, 07:23 AM
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Integrated Electrical Services, Inc. (or "IES") announced that it has amended its Credit and Security Agreement with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), to reduce the interest rate margins of both the Term Loan and...
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February 25, 2014, 07:46 AM
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Wells Fargo Capital Finance announced that Evan Zwerman has been named business development officer for the New York office of its Business Credit division. In his role, he is responsible for sourcing and structuring flexible asset-based financing...
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January 28, 2014, 07:28 AM
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Horizon Technology Finance Corporation, a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and...
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November 06, 2013, 07:40 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced that Michael D. Sharkey, President, will be among a distinguished group participating in the California Commercial Finance Association’s President’s Panel on Wednesday, September...
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September 10, 2013, 07:39 AM
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Pathlight Capital, LLC, a portfolio company of Sycamore Partners, today announced it will serve as the Administrative and Co-Collateral Agent on a $28 million secured term loan facility to Birks & Mayors, Inc., a retailer of fine jewelry...
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August 23, 2013, 09:02 AM
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Business Financial Services, Inc., a specialty finance company since 2002, announced a new $82 million credit facility provided by Wells Fargo Capital Finance. The new credit line, which replaces a smaller facility with another lender, bolsters the...
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April 25, 2013, 07:44 AM
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BlueLinx Holdings Inc., a leading distributor of building products in North America, announced the successful completion of its previously announced $40 million rights offering. The company announced previously that it would use the net proceeds of...
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April 01, 2013, 03:03 PM
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The Staffing Services Group of Wells Fargo Capital Finance completed another successful year in 2012 with $130 million in new facilities and $100 million in new loan balances.
The Staffing Services Group provides staffing companies with receivables...
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March 06, 2013, 07:57 AM
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Soon after private investment firm Thoma Bravo acquired security software company Entrust, Inc. in 2009, the San Francisco-based group established many aggressive financial goals as part of a multi-year strategy for the company. Four years later...
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February 25, 2013, 07:10 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, 08:11 AM
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CanWel Building Materials Group announced the renewal of its credit facility with its lender, Wells Fargo Capital Finance Corporation (Canada). CanWel has renewed its $275 million senior revolving facility, along with its additional $50 million...
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December 13, 2012, 08:09 AM
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Orchard Supply Hardware Stores Corp. closed on a new five-year senior secured credit facility consisting of a $120.0 million revolving credit facility and a $7.5 million FILO term loan, with Wells Fargo Capital Finance and Bank of America. The new...
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October 18, 2012, 08:00 AM
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Wells Fargo Capital Finance acted as left lead arranger and administrative agent and, together with the other arrangers, underwrote a $1.65 billion senior secured, asset-based revolving credit facility for SUPERVALU INC. The facility refinances a...
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September 06, 2012, 06:00 PM
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Wells Fargo Capital Finance arranged and agented a new five-year $200 million senior secured, asset-based revolving credit facility as part of a recapitalization for Barneys New York. The facility will be used for ongoing working capital...
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July 02, 2012, 07:00 AM
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