With a local office in Calgary, the Wells Fargo Energy group provides financing and advisory services specific to the Canadian energy market. From powersports, marine, and recreational vehicles, to outdoor lawn & garden, agriculture, and electronics and appliances — our teams of industry experts have the know-how to create a solution that's right for you and your growing business. The Toronto-Dominion Bank (TD Bank) has announced entering into a definitive agreement to acquire Wells Fargo‘s Canadian Direct Equipment Finance business. The Globe and Mail - Toronto-Dominion Bank is buying the Canadian equipment financing business run by U.S. retail banking giant Wells Fargo & Co. Wells Fargo Equipment Finance is the trade name for certain equipment leasing and finance businesses of Wells Fargo … The business has about C$1.5 billion in assets and more than 120 employees. Retail finance. All transactions are subject to credit approval. Open 24 hours. Regardless of the size or complexity of your project, we'll work together with you to develop tailored financing that fits your needs. Commercial services. © 2020 Wells Fargo Capital Finance. *Source: Forbes (2018) based on sales, profits, assets and market value. Companies seeking greater credit availability can look to Wells Fargo Capital Finance to help expand their borrowing capacity by leveraging the value of their assets. Website: Visit our site. I consent Media Inquiries Hayley Anklam hayley.anklam@wellsfargo.com 415-769-1027 @HayleyAnklamWF OTA is the only trucking association in Ontario that represents all segments of the industry - for-hire carriers, private carriers, intermodal, suppliers, etc. Senior secured financing starting at $15 million for asset-based lenders, factors, equipment leasing and finance companies, and other specialty finance companies. CDF provides a myriad of innovative programs to meet the needs of today’s challenging marketplace. Call us at 1-866-726-4714 or request a contact from our equipment finance professionals. For more information, view Wells Fargo Equipment Finance in the U.S.‡ All transactions are subject to credit approval. Find out more about how our team in Canada can help you. Wells Fargo is one of the largest public companies in the world*, with the capacity and appetite for large real estate holdings. SAN FRANCISCO (dpa-AFX) - Toronto-Dominion Bank (TD, TD.TO) agreed to buy Wells Fargo & Co.'s (WFC) Canadian Direct Equipment Finance business.The deal is expected to … We want to show you ways to help improve cash flow, manage risk, and streamline trade processes. The deal announced Thursday is an attempt by TD to bulk up its own equipment financing business in Canada, the bank said in a press release. Wells Fargo Equipment Finance can offer insight about your financing options and can provide meaningful guidance on how to develop an equipment financing strategy that suits your company's goals. Click here (PDF) for additional country and region specific disclaimers. It provides loans and leases for commercial equipment and has $1.5 billion in assets and over 120 employees. lease syndication, securitization of assets), Dealer and Manufacturer inventory finance plans, Customised inventory finance programs designed to drive sales growth across dealer channels, Accelerated funding and reduced days sales outstanding ratio, Transfer capital burden of financing customers, General and administrative expense reduction by transferring collection, underwriting and collateral management services, Robust anti-money laundering screening process, mitigating regulatory compliance risks for your dealer network, Automated electronic data transmission and 24/7 online account management and analytical tools, Stocking optimal inventory levels, increasing inventory availability at point of sale and enabling sales growth, Extended repayment terms, often subsidised by the manufacturer – improving cash flow and liquidity, Credit Lines sized to help meet your business needs, Reduced working capital requirements allow for optimised allocation of capital, Responsive and personal account management with 24/7 access to online customer system and analytical tools. Our international trade specialists understand the dynamics of the global business environment and use our financial resources, technology, and global correspondent banking network to help you manage and build your international business. Construction newsletter . It is headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary. ‡ You are leaving wellsfargo.ca and entering wellsfargo.com or another Wells Fargo website. Tailored financing. Wells Fargo Financial Corporation Canada, offers convenient methods of contacting us for any customer service related inquiries: Fax: 1-866-522-0974. We strive to bring experience and informed perspectives to customers like you. Lender finance. Our goal is to make your company's next purchase of equipment as simple as possible. Tel: (416) 249-7401 | Fax: 1 (866) 713-4188, 1290 Central Parkway West, Suite 1100, Mississauga, ON L5C 4R3 Canada. view Wells Fargo Equipment Finance in the U.S. Wells Fargo Commercial Distribution Finance, Investment banking, securities and markets, Services for businesses — Financing and credit, Flexible 1- to 5-year terms typically; longer terms available for select stabilized projects, Oil field services and equipment manufacturing, Gas gathering, processing, and distribution, Senior debt financing for working capital and acquisitions, Technology (information technology and office imaging), Up to 100% financing for new and used equipment, Competitive fixed or floating interest rates, Operating leases including fair market value (FMV) and fixed purchase option (FPO), Transactions funded in U.S. or Canadian dollars, Structured finance transactions for equipment (e.g. Recent Posts. Toronto-Dominion Bank said on Thursday it had agreed to buy U.S. lender Wells Fargo & Co’s Canadian Direct Equipment Finance business. The Canadian Direct Equipment Finance … Deposits held in non-U.S. branches are not FDIC insured. We've been lending to builders, owners, and investors for more than 40 years. Wells Fargo’s Canadian direct equipment finance business is headquartered in Mississauga, ON, and has regional offices across Canada, including in Montreal and Calgary, AB. Rest easy knowing you are working with financing specialists who understand the Canadian business environment and can consult with you on your company's equipment needs. All rights reserved. and its subsidiaries. Wells Fargo's Canadian direct equipment finance business is based in Mississauga, Ont., with regional offices across the country, including Montreal and Calgary. Please take a moment to provide us with your consent. Wells Fargo Equipment Finance; Address: 2300 Meadowvale Blvd, Mississauga, ON Canada L5N 5P9. Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. Toronto-Dominion Bank said on Thursday it had agreed to buy U.S. lender Wells Fargo & Co’s Canadian Direct Equipment Finance business. Products and services require credit approval. Mail: Corporate Customer Relations P.O. Toronto-Dominion Bank (NYSE: TD) has announced that it plans to acquire Wells Fargo's (NYSE: WFC) Canadian direct equipment-finance business for an undisclosed amount. 416-498-6464. Wells Fargo announced its fourth quarter 2020 earnings results Friday, and focused on a number of cost-cutting measures the company has made, including plans … Some restrictions may apply. Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. » More... Isn’t it time you joined? Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. For general inquiries for your business, please contact us. As your business grows, we can connect you to additional Wells Fargo resources so that all your financial bases are covered. We offer: Ready to learn more about equipment finance in Canada? Technology finance. Experience. Speak with your Equipment Finance specialist to learn more. Wells Fargo Equipment Finance Company. Strength and capacity. Our strength allows us to invest in new programs and services. Headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary, Wells Fargo's Canadian Direct Equipment Finance business has a 25-year operating history, which includes the acquisition by Wells Fargo of GE Capital's Canadian Equipment Finance … Deposits with Wells Fargo Bank, National Association, Canadian Branch are not insured by the Canadian Deposit Insurance Corporation. Headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary, Wells Fargo's Canadian Direct Equipment Finance business has a 25-year operating history, which includes the acquisition by Wells Fargo of GE Capital's Canadian Equipment Finance … Supply chain finance. Accounts receivable financing (also referred to as factoring) to help accelerate cash flow, improve collections, and control exposure to bad debt. © 2020 Wells Fargo Bank, N.A. Canada's Anti-Spam Legislation (CASL) went into effect on July 1, 2014.This legislation requires we secure your consent to receive commercial electronic messages, such as emails, from Wells Fargo & Co. and its affiliates 1 by clicking the check box above. For more information, view Wells Fargo Equipment Finance in the U.S. ‡ All transactions are subject to credit approval. Headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary, Wells Fargo's Canadian Direct Equipment Finance business has a … Contact Company See Tel#, ask question, request materials, RFQ Wells Fargo offers a full suite of services, including traditional secured loans, asset-based lending, capital markets services, and equipment loans and leases. The Canadian Direct Equipment Finance business has about $1.5 billion in assets and provides loans and leases for commercial equipment bought by businesses across Canada. We can also provide full-service lease capabilities for railcars and locomotives through our Wells Fargo Rail team of professionals. Headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary, Wells Fargo’s Canadian Direct Equipment Finance business has a 25-year operating history, which includes the acquisition by Wells Fargo of GE Capital’s Canadian Equipment Finance … Wells Fargo Equipment Finance Company. Toronto-Dominion Bank has signed a deal to buy Wells Fargo's Canadian direct equipment finance business. Member FDIC. Some restrictions may apply. Our goal is simple: help make inventory financing easy. 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. Consulting Services Finance. Contact us . Wells Fargo strives to provide real estate investors with a full spectrum of construction, term, and interim financing. Associate Members . Speak with one of our team members today at 1-888-609-5550. Box 250, Station A, Mississauga Ontario, L5A 3A1 Please allow 7-10 business days for our response. With over 50 years of experience in Canada, CDF is committed to providing the best financing solutions delivered with premier customer service by our tenured, dedicated sales team with broad geographic coverage and industry specific knowledge. /. and its subsidiaries. Financing for Canadian, U.K., and U.S.-based companies with foreign operations. As one of the leading providers of specialized floorplan financing and servicing solutions, Wells Fargo Commercial Distribution Finance® (CDF) ‡ delivers when it comes to supporting the efficient, uninterrupted flow of products from manufacturer to dealer. Experienced real estate developers, owners, and investors, including institutions, real estate investment trusts (REITs), and private organizations. We may be able to help you increase your competitiveness with financial solutions tailored to your industry with local sales and credit support. Our comprehensive suite of products and services can support your business now and for years to come. © 2020 Wells Fargo & Company and its subsidiaries and affiliates, including, without limitation, Brunswick Acceptance Company, LLC, Polaris Acceptance, and HYG Financial Services, Inc. All rights reserved. The acquisition is expected to close in the first half of 2021, subject to regulatory approvals and certain other conditions. (Reuters) - Toronto-Dominion Bank said on Thursday it had agreed to buy U.S. lender Wells Fargo & Co’s Canadian Direct Equipment Finance business. Wells Fargo offers a full suite of services, including traditional secured loans, asset-based lending, capital markets services, and equipment loans and leases. Working closely with you, our specialists in virtually all market segments will strive to ensure you receive seamless lending and service through all stages of your project life cycle, and every phase in your business. Cross-border lending. Phone: 905-858-5497. Headquartered in Mississauga, with regional offices across the country, including Montreal and Calgary, Wells Fargo's Canadian Direct Equipment Finance business has a … The business has a 25-year operating history, which includes the acquisition by Wells Fargo of GE Capital’s Canadian equipment finance business in 2016. Agented and syndicated asset-based financing for companies that may be restricted by traditional bank financing. 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. TD says the acquisition will grow its existing Canadian equipment financing business and expand its presence in core markets. Our credit facilities can be used to support: Asset-based financing. Canada Anti-Spam Legislation (CASL) requires that we obtain your consent to receive commercial electronic messages, such as emails, from Wells Fargo Capital Finance. Directions. Wells Fargo Equipment Finance is the trade name for certain equipment leasing and finance businesses of Wells Fargo Bank, N.A. Senior-secured financing based on a company's recurring revenue streams tailored to the unique needs of companies in the software and technology industries. Wells Fargo's Canadian Direct Equipment Finance business provides loans and leases covering a full range of commercial equipment for businesses across Canada. Wells Fargo Bank, N.A. © 1999 – 2021 Wells Fargo. Inventory financing (also known as floorplan financing) enables efficient, uninterrupted flow of inventory through the distribution channel, allowing our customers to focus on what matters most to them – managing and growing their business. LRC-1019 . In working with CDF, you gain access to tenured employees who have deep domain expertise, a steadfast financing provider that has remained committed to the industries it serves through many cycles, and data, analytics and other value added services to help your business make more informed decisions. Phone Number. Call us at: 1-800-242-2523. Global end-to-end supply chain services, including channel finance, sales finance, and supplier finance to help improve working capital and strengthen relationships with trading partners. Wells Fargo's Canadian direct equipment finance business is based in Mississauga, Ont., with regional … Financial terms of the deal were not immediately available. Wells Fargo works with corporate and institutional clients, as well as companies in specialized industry segments such as energy, gaming, financial sponsors, and equity funds. Our goal is to be there for your business, through all market changes and cycles. Wells Fargo Equipment Finance is the trade name for certain equipment leasing and finance businesses of Wells Fargo Bank, N.A. 2550 Victoria Park Ave, North York, ON M2J 5A9 Get directions. Learn more‡ wellsfargo.com/realestate. Some restrictions may apply. Subscribe to our construction newsletter. The Ontario Trucking Association (OTA) was founded in 1926, and provides services and public policy advocacy for trucking companies hauling freight into, out of and within the Province of Ontario. Click a category for more information. Senior secured revolving lines of credit, term loans, and seasonal facilities tailored to meet the unique needs of mid-sized to large retailers. 1290 Central Parkway West, Suite 1100, Mississauga, ON L5C 4R3 Canada. Wells Fargo’s Canadian direct equipment finance business is based in Mississauga, Ont., with regional offices across the country, including Montreal and Calgary. How APMA aims to make Project Arrow … And, our innovative, proprietary software gives you 24/7 online access to account inventory management and analytical information that helps you make faster, more informed decisions when and where you need it most. We help companies finance equipment in the following and other core Canadian industries: Other asset categories may apply. Long-term relationships. We specialize in customized financing for the North American oil and gas industry, with targeted solutions for: We offer a wide range of energy solutions for your business, including: For specific recommendations for your energy business, please contact our energy specialists at 403-776-8700. The Canadian Direct Equipment Finance business has about C$1.5 billion in assets and provides loans and leases for commercial equipment bought by businesses across Canada. 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