Wells Fargo Capital Finance, a unit of Wells Fargo, has appointed Ryan Birnel as business development officer for the loan originations team in Denver. In his new position, Birnel will be in charge of sourcing and structuring asset-based financings for opportunities originated in Colorado, Utah, Wyoming and Montana.
SANTA MONICA, December 10, 2014 – Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), has announced that Ryan Birnel has been named business development officer for the loan originations team in Denver, Colorado. In his new role, Birnel is primarily responsible for sourcing and structuring flexible asset-based financings for opportunities originated in Colorado, Utah, Wyoming and Montana, and will be reporting to Mark Gustafson, regional sales manager for Wells Fargo Capital Finance.
“Ryan is a very talented and hard-working team member,” stated Gustafson. “I am excited to have him join our team and I am confident he will make an immediate impact as he has done in his previous roles with our company.”
Birnel has been with Wells Fargo Capital Finance since 2008. His previous Wells Fargo positions included a collateral examiner and a relationship manager, managing a portfolio of fortune 500 clients.
Birnel received his bachelor’s degree from Utah Valley University prior to pursuing a Master’s of Business Administration in Finance and Accounting from Regis University. He is a member of the Turnaround Management Association and Risk Management Association.
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 $1.6 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 8,700 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 approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 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 are also available at Wells Fargo Blogs and Wells Fargo Stories.