Wells Fargo Capital Finance, a unit of Wells Fargo, has named Patrick Simpson as business development officer for the middle market loan originations team in New York. A former Marine, Simpson joined the firm in 2005.
SANTA MONICA, June 04, 2014 – Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), announced today that Patrick Simpson has been named business development officer for the Middle Market Loan Originations team in New York. In his new role, Patrick is primarily responsible for sourcing and structuring flexible asset-based financings for middle-market companies with credit needs ranging from $5 million to roughly $35 million. Simpson is reporting to Rob Kinne, regional loan originations manager for the Middle Market Loan Originations team, oversees the Northeast region and select areas in Canada.
“Patrick’s depth of experience and transaction skills makes him a great addition to the team,” said Steve Bishop, head of middle market loan originations. “He will continue to provide thoughtful solutions to our referral sources, customers and prospects”.
Simpson joined Wells Fargo Capital Finance in 2005 and has been in various roles while located in the New York, Chicago, Atlanta, and Fort Lauderdale offices. He received his undergraduate degree and MBA from the University of Florida, and also honorably served in the United States Marine Corp. He is a member of the Turnaround Management Association, Association for Corporate Growth, and Opus Connect.
About Wells Fargo Capital Finance
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. Dedicated teams within Wells Fargo Capital Finance provide financing solutions for companies in specific industries such as retail, software publishing and high-technology, commercial finance, staffing, government contracting and others. For more information, visit wellsfargocapitalfinance.com.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives and stories are also available at blogs.wellsfargo.com and at wellsfargo.com/stories.