Aztec Financial LLC offers leasing and loan services to companies in the professional cleaning and restoration markets. When Aztec’s parent organization looked to sell the business to Aramsco Inc., they sought a lender with a strong reputation that could structure a flexible solution to support the company’s continued growth. Aramsco and Aztec had longstanding relationships with Wells Fargo, and turned to Wells Fargo Capital Finance due to that relationship, along with our expertise working with specialty finance companies.
As a result, our Lender Finance team agented a $50 million credit facility, providing Aztec and Aramsco with a stable source of capital to support their customers with additional services as they grow their distribution platform. We have since upsized the facility to $80 million.
When we approached Wells Fargo Capital Finance about providing us with a credit facility, we were attracted to their reputation in this market, their size, and their service offering. They were incredibly flexible and brought the benefits of a large financial institution, while remaining nimble and customer focused.- John Sirrine, President, Aztec Financial LLC (Pictured above)
As a solution provider, Aramsco has always been inherently focused on creating a reputation of reliability and diligence among our customer base. As an organization, we value the same qualities from our business partners, which is why we chose Wells Fargo Capital Finance to support us throughout our recent merger. The team at Wells Fargo was exceptionally patient through all the fine details of the transaction, and provided us with flexibility despite a complex capital structure.- Richard Salerno, CEO, Aramsco Inc. (Pictured above)