Wells Fargo leaves marine industry

swadminJuly 13, 2007

SAN FRANCISCO – Wells Fargo Specialty Finance has sent a letter to its RV, motorcycle, marine and powersport dealer clients, informing them it will no longer provide them with indirect financing, RVTradeDigest.com reported in an article earlier this week.

“The bank will stop processing applications Aug. 4 and cease all indirect lending by Oct. 3. No reason was given for the withdrawal,” the Web site reported.

The company did remind clients through the letter that it would be continuing its Business Banking services and asked those with questions to contact its Dealer Administration support at 1-888-303-6856 option 2, option 6, according to RVTradeDigest.com.

  • For more of the latest news, click here.

swadminJuly 13, 2007

Related Articles

ePropulsion sponsors global events

August 12, 2021

Nominations open for lending industry awards

September 16, 2011

Wolters Kluwer expands AppOne with addition of MB Bank

September 15, 2011

Medallion Bank joins Wolters Kluwer’s AppOne platform

August 30, 2011

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
EPG Brand Acceleration
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.