Private Securities Litigation Reform Act of 1995. Copyright © 2021 CNW Group Ltd. All Rights Reserved. Personal Small Business; selected Commercial ... Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and overseas.. A Cision company. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories. In-Person Payments Payments can be made at any Wells Fargo banking location. Wells Fargo & Company was ranked No. Wells Fargo Securities, LLC served as exclusive financial advisor and McCarthy Tetrault LLP served as legal counsel to Wells Fargo. It’s also among the biggest Society for Worldwide Interbank Financial Transactions (SWIFT) North American services bureaus. "We have enjoyed a relationship with TD for many years, as Canada is an important market for Wells Fargo," said David Marks, Head of Wells Fargo Commercial Capital. Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with US$1.92 trillion in assets. Wells Fargo offers comprehensive commercial financing services for your institutional, government or business financing needs. Image source: Wells Fargo. Wells Fargo does not endorse and is not responsible for their content, links, privacy, or security policies. Wells Fargo's Canadian Direct Equipment Finance's direct origination model is expected to allow TD to better serve a more diverse set of business customers in need of competitive equipment … Marcy Feyereisn Business Support Consultant at Wells Fargo Equipment Finance, Inc. Acquisition strengthens and expands TD Business Banking capabilities across Canada. All such statements are made pursuant to the "safe harbour" provisions of, and are intended to be forward-looking statements under, applicable Canadian and U.S. securities legislation, including the U.S. Refer to an invoice or your welcome package for the customer and contract number. Risk factors that could cause, individually or in the aggregate, such differences include: strategic, credit, market (including equity, commodity, foreign exchange, interest rate, and credit spreads), operational (including technology, cyber security, and infrastructure), model, insurance, liquidity, capital adequacy, legal, regulatory compliance and conduct, reputational, environmental and social, and other risks. Be part of the discussion as PYMNTS CEO Karen Webster and experts from the geo-data sector talk about the revolution in geolocation data usage, and why banks must take part. Online bill pay is the newest option for most types of accounts and it's free. Customer Service Search Opens a dialog. Greater Minneapolis-St. Paul Area 183 connections “[The acquisition] expands our competitive position in Canada’s Equipment Finance industry, builds on our strong track record of legendary customer service, and puts us in a unique position to offer an increased range of in-demand products and services,” David Pinsonneault, executive vice president, Commercial and Industrial, Canadian Business Banking, TD Bank Group, said in the announcement. Wells Fargo Equipment Finance, Inc. offers financial services. For more detailed information, please refer to the "Risk Factors and Management" section of the 2020 MD&A, as may be updated in subsequently filed quarterly reports to shareholders and news releases (as applicable) related to any events or transactions discussed under the headings "Significant Events" in the relevant MD&A, which applicable releases may be found on www.td.com. 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. Customers outside of the United States can call Wells Fargo customer service toll-free from most countries using our international access codes. Caution Regarding Forward-Looking Information. TD Securities served as financial advisor and Osler, Hoskin & Harcourt LLP served as legal counsel to TD in connection with this transaction. Wells Fargo serves one in three households in the United States. 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 business in 2016. Enter your username and password to securely view and manage your Wells Fargo accounts online. WATCH LIVE: MONDAY, JANUARY 18, 2021 AT 12:00 PM (EST). TD's purchase of Wells Fargo Canadian Direct Equipment Finance business is expected to close in the first half of 2021, subject to receipt of regulatory and Competition Act approvals and clearance, and satisfaction of other customary closing conditions. Examples of material assumptions made by the Bank in the forward-looking statements include assumptions regarding expected synergies, based on the Bank's experience. Find a Wells Fargo branch near you. We accept telecommunications relay service calls. For further information: Astrid-Maria Ciarallo, [email protected], 416 873 7556; LaTrina Shepherd, [email protected], 312-339-0012. Any forward-looking statements contained in this document represent the views of management only as of the date hereof and are presented for the purpose of assisting the Bank's shareholders and analysts in understanding the Bank's financial position, objectives and priorities and anticipated financial performance as at and for the periods ended on the dates presented, and may not be appropriate for other purposes. Automated phone payments or agent-assisted payments can also be made by calling 1-800-289-8004. About: From the online betting sector where one’s physical location at the time of wager is a matter of state law, to banks complying with stringent international Know Your Customer (KYC) regulations, geolocation services are proving a powerful weapon against fraudsters. Senior Vice President at Wells Fargo Equipment Finance Huntington Beach, California 500 ... Senior Vice President/Divisional Customer Service Manager at Wells Fargo Bank. "This group of talented Canada-based employees and their equipment finance customers will benefit from TD's strong franchise and allow us to focus our efforts on our U.S. equipment finance capabilities while continuing to serve our asset-based lending and distribution finance customers in Canada. Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo. Products and services require credit approval. Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. Wells Fargo's Canadian Direct Equipment Finance's direct origination model is expected to allow TD to better serve a more diverse set of business customers in need of competitive equipment loans, leases, and customized financing services. The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). https://www.merchantmaverick.com/reviews/wells-fargo-equipment-financing The Bank cautions that the preceding list is not exhaustive of all possible risk factors and other factors could also adversely affect the Bank's results. The Toronto financial-services company said the Wells Fargo unit has about 1.5 billion Canadian dollars (US$1.18 billion) in assets and more than 120 employees. We're looking for talented people who will put our customers at the center of everything we do. "This acquisition will be welcome news for both our existing and potential new customers. Forward-looking statements include, but are not limited to, statements made in this document, statements made in the Bank's Management's Discussion and Analysis ("2020 MD&A") in the Bank's 2020 Annual Report under the headings "Economic Summary and Outlook" and "The Bank's Response to COVID-19", for the Canadian Retail, U.S. Retail, and Wholesale Banking segments under headings "Key Priorities for 2021", and for the Corporate segment, "Focus for 2021", and in other statements regarding the Bank's objectives and priorities for 2021 and beyond and strategies to achieve them, the regulatory environment in which the Bank operates, the Bank's anticipated financial performance, and the potential economic, financial and other impacts of the Coronavirus Disease 2019 (COVID-19). With approximately C$1.5 billion in assets and over 120 employees, Wells Fargo's Canadian Direct Equipment Finance business provides loans and leases covering a full range of commercial equipment for businesses across Canada. The acquisition is expected to close in the first half of 2021, subject to regulatory approvals and certain other conditions. The Toronto-Dominion Bank (TD) and Wells Fargo have unveiled a deal through which TD will buy the Canadian Direct Equipment Finance operation of Wells Fargo, which is “subject to certain closing conditions,” according to a Thursday (Jan. 14) announcement. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,200 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. "We are excited to welcome Wells Fargo's Canadian Direct Equipment Finance team of highly skilled and experienced industry professionals to TD and leverage their deep expertise in equipment leasing and finance for the benefit of our highly-valued customers nationwide.". It offers loans and leases for a complete assortment of commercial equipment for Canadian companies. In addition, representatives of the Bank may make forward-looking statements orally to analysts, investors, the media and others. Especially in light of the uncertainty related to the physical, financial, economic, political, and regulatory environments, such risks and uncertainties – many of which are beyond the Bank's control and the effects of which can be difficult to predict – may cause actual results to differ materially from the expectations expressed in the forward-looking statements.

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