Wells Fargo Equipment Finance beefs up exec team

Wells Fargo Equipment Finance has appointed 30-year industry veteran Jim Kelly to lead the new Wells Fargo Vendor Financial Services group, which includes the combined GE and Wells Fargo vendor platforms.

Based in Irving, Texas, Kelly will lead a team of approximately 1,100 team members across the US.

“Jim is a proven industry leader with the diverse set of skills necessary to lead our vendor business,” said Bill Mayer, head of Wells Fargo Equipment Financer. “I’m confident that he will advance our position as a leader in vendor financing and continue to provide the highest possible service to our customers while improving efficiencies.”

Prior to joining Wells Fargo, Jim was the president of GE Capital’s vendor finance business.

Wells Fargo Equipment Finance provides competitive fixed- and floating-rate loans and leases covering a full range of commercial equipment for businesses nationwide as well as floor planning and inventory financing, and vendor programs in selected industries in the US and Canada.