Preferred Capital

Asset-based lending for consumer, retail, and auto finance companies

Wells Fargo Preferred Capital is a leading provider of debt capital to independently owned, publicly traded, and bank owned consumer, retail sales, and auto finance companies located in the United States and Canada.

Our services

Credit facilities

We offer a wide range of senior secured revolving lines of credit. Our credit facilities start at $20 million, increasing as your portfolio grows, up and to accessing the capital markets. We also help our customers strategically position their businesses for access to the capital markets for purposes of stock or asset-based securities offerings.Terms generally range from two to five years, allowing you to develop a long term growth plan. Whether you need a sole lender or expert agent to manage your bank syndication group, we are here to help you navigate your balance sheet.

Lending reliability

With more than $7 billion in commitments, we have consistently provided capital to the consumer finance industry during all economic cycles. We work closely with you to fully understand your business and establish long-term relationships to meet your specific funding needs.

Our customers

Our customers include companies that originate accounts receivables in these markets:

  • Direct and indirect consumer finance
  • Direct and indirect auto finance
  • Auto lease finance
  • Truck finance
  • Healthcare finance
  • Captive retail finance

Your needs

Our financing can help address specific business circumstances and objectives, including:

  • Working capital
  • Business expansion and growth
  • Debt refinancing
  • Funding a merger or acquisition

Our team

We combine the industry experience and expertise of executive leadership, relationship managers, underwriters, and credit analysts to deliver outstanding performance for all of our customers.

Meet our executive team and relationship managers.

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