Wells Fargo Capital Finance. Glenn Noble [email protected] (703) 462-2314 Government Services Group McLean, Virginia. Discussion Points. Rules of the Road Planning for Growth New Biz Considerations Capital Options Success Stories W. T. D. T. G. S.
Businesses within the Asset-Based Lending (ABL) Group have joined together under a common name.
Wells Fargo Business Credit
Wells Fargo Capital Finance
Wells FargoPO Finance
Wells FargoTrade Capital
Wells FargoDistribution Finance
Who We Are:
Wells Fargo Capital Finance “WFCF” is a trade name used by certain asset based lending, accounts receivable and purchase order finance services of Wells Fargo & Company and its subsidiaries.
Largest asset-based lender in the US.
Over 1700 employees.
Service over 2600 clients.
Over $23 Billion in outstanding loans.
Geographic reach throughout the U.S. and Canada.
WFCF is comprised of 15 specialty financing groups with multiple divisions which provide addition industry specialties. (Government Services, Trade Capital etc.)
Cash Flow Revolving Line of Credit
Tem Debt / Fixed Asset Structure
Asset Based AR Financing Facility
Minimize need of raising sufficient capital to ramp up for future contracts growth by:
Your company has landed a new contract, one that will result in a significant increase in revenues.
In order to fulfill the contract the company must commit to additional:
(fixed assets, facilities)
Before customer payment is received.
Working capital needed to cover commitments exceeds:
Prepare financing request /
loan application (in advance)
The IT Service Provider
The Small Engineering Company
The Security Company