Wells Fargo Capital Finance, a unit of Wells Fargo, has hired Michael Vasquez as business development officer. In his new position, Vasquez will focus on originating loans for the Northeast region.
SANTA MONICA, June 24, 2014 – Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), has announced that Michael Vasquez has accepted a position as business development officer in New York. Vasquez will focus on originating loans for the Northeast region that is led by Scott Ryan, managing director, regional sales manager for the Northeast at Wells Fargo Capital Finance.
“Michael is a very talented and hard-working team member,” stated Ryan. “I am excited to have him join our New York team and I am confident he will make an immediate impact as he has done in the Southeast and Canadian markets.”
Vasquez has been an originator for Capital Finance since 2007. His experience includes covering the Southeast U.S. and Canada for a host of industry verticals. Michael has also held positions with Wells Fargo’s commercial bank and workout group and is a graduate of the company’s Credit Management Training Program (CMTP). CMTP is a training program offered to a select group of strong, talented candidates within Wells Fargo Wholesale Bank that focuses on building credit and business development skills.
Michael holds an economics degree from Gustavus Adolphus College and serves on the board of an Atlanta based children’s shelter.
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.