Wells Fargo Equipment Finance

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Company Info

Address 1 here, Address 2 here
City here, State here Zip here

Contact name here

Primary Contact
phone here
email here

Contact name here

Alternate Contact
phone here
email here
Wells Fargo Equipment Finance is a:

Core Business Focus

Company Type

Bank

Type of Funding Source/Buyer

Lender, Investor, Agent, Packager

Annual Volume Funded

10 - 25 Billion

Credit Criteria

  • Investment Grade
  • Middle Market
  • Near Investment Grade

Transaction Size

Highest

Average

Lowest

$500,000,000.00

$2,000,000.00

$200,000.00

Lease Terms

Longest

Average

Shortest

120

60

24

Lease Structures

  • Conditional Sale / Money-Over-Money
  • Debt
  • Operating Lease
  • TRAC
  • Vendor Finance

Originates Paper?

Yes

Syndicates/Sells Paper?

Yes - We typically syndicate/sell for exposure reasons, but we generally retain the servicing. If you should have any questions please contact Dan DeVries at 704-715-7734

Equipment Types We WILL Finance

  • Modular Buildings
  • Aircraft
  • Construction
  • Buses
  • Broadcast / Video
  • Marine
  • Material Handling
  • Emergency Vehicles
  • Renewable Energy
  • Medical
  • Mining
  • Gaming
  • Software
  • Cable / Communications
  • Rail
  • Graphic Arts
  • Furniture / Fixtures
  • Project Finance
  • Recycling
  • Technology
  • Utility
  • Intermodal
  • Agricultural
  • Machine Tool
  • Waste Removal
  • Trucks and Trailers

Equipment Types We WILL NOT Finance

  • Automobile
  • Laundry / Drycleaning
  • Oil and Gas
  • Packaging / Plastics
  • Recreation / Fitness
  • Restaurant
  • Retail

Industry Financing Preferences

We are generalists and give more emphasis to credit quality.

Our Company is a(n):

Credit Lender

Accepts Soft Assets?

Yes - Yes, if the credit warrants.

Lessor/ Broker Requirements

We prefer lessors with five years in business, profitable operations, $20 million minimum in net worth with audited statements, favorable references and the potential to provide $5-10 million in volume annually as a source for Wells Fargo Equipment Finance. We are not actively seeking broker relationships.

ELFA Business Councils

Bank, Captive and Vendor Finance

Start of the Fiscal Year

January