WELLS FARGO CAPITAL FINANCE, LLC
LOS ANGELES, CA

We work hard to make clothing people want, while also limiting the impact we have on the environment. Our unique model calls for us to hold deep levels of inventory so that we can ship globally to stores and customers the same day they order it. The Wells Fargo team provides our company with the growth capital we need to support this way of doing business, and their expertise in our industry makes them a valued business partner. Lynn Whitmore, managing director, and Keith Vercauteren, senior managing director, were featured in the January edition of Footwear News, a Fairchild Publication and sister company to Women’s Wear Daily. Lynn and Keith weighed in on what footwear brands and retailers should keep in mind considering the complex, evolving retail environment. Click to read the feature. 20-year banking veteran to join Capital Finance business The CFA’s 2017 40 Under 40 – Wells Fargo Capital Finance Winners The Secured Lender’s October 2017 issue profiles this year’s winners of the CFA’s 40 Under 40 Awards. We are proud to announce that this year we have four individuals being honored from Wells Fargo Capital Finance: Danielle Baldinelli, Kathleen Davenport, Kevin Harbour and John Nesci. 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. To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify, and record information that identifies all parties defined as a “customer” as well as, in certain cases, individuals or entities who have control over or are associated with an account. Harness the power of your balance sheet to achieve your business goals Asset-based lending can be an attractive financing alternative for asset-rich companies looking to maximize their borrowing capacity. Through specialized monitoring of credit and collateral, we can underwrite loans that are outside the typical lending criteria of most traditional financing relationships — which can provide you with greater credit availability and more flexibility to pursue your company’s goals. We believe this refinancing reflects the strength of the company’s balance sheet, the impact of the restructuring plan put in place, and the marketing initiatives that have been implemented. This facility positions us well for the future, and we are very pleased with the strong level of support and confidence from Wells Fargo Capital Finance. Learn how Wells Fargo Capital Finance helped a wholesale food distributor expand into a new market with a brand new distribution center. We work with technology manufacturers and distributors to sponsor flexible extended-term financing programs for their value-added reseller customers. As one of the preeminent channel finance providers in North America, we have the resources to help your business grow. Provide growth capital to value-added resellers without increased credit risk Our Channel Finance programs offer value-added resellers additional benefits. Through our programs, value-added resellers may: With a sales finance program, your company enters into a contract with Wells Fargo Capital Finance to sell receivables related to business you do with investment-grade or near-investment-grade buyers (key accounts purchase), or risk-pooled receivables portfolios (portfolio purchase). Large corporations that sell to domestic and international buyers (key accounts purchase) or risk-pooled receivables portfolios (portfolio purchase) may: Through the program, buyers can either negotiate extended payment terms or a cost of goods sold reduction in return for giving suppliers access to lower-cost financing. We provide suppliers with a discounted early payment at an improved rate based on the buyer’s creditworthiness. 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. To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify, and record information that identifies all parties defined as a “customer” as well as, in certain cases, individuals or entities who have control over or are associated with an account. Headquartered in Atlanta, Novelis Inc. is the world leader in aluminum rolling and recycling. The company produces aluminum sheet and light gauge products for use across many industries, including beverage and food can, foil products, automotive, transportation, electronics, architectural, and industrial products. In 2013, Novelis announced a four-year initiative to invest more than $2 billion in global expansion projects and needed a lender who could provide a flexible financing package that included incremental credit availability on international assets. A $1.2 billion senior secured credit facility led by Wells Fargo Capital Finance provided the company with the support they needed to grow and expand throughout the world, where they now have operations on four continents: North America, Europe, Asia, and South America. One of the best attributes about Wells Fargo is their ability to truly understand our business and our strategic direction. They’ve demonstrated this through numerous discussions with both our leadership team, and also on the ground at our plants, truly understanding what it is that drives Novelis to be successful. Funding innovation and growth. Addressing fluctuating commodity prices. Meeting evolving regulatory requirements. Wells Fargo Capital Finance understands the challenges and opportunities facing companies that do business in the steel, metals, and mining industries.