Based in Houston, Texas, Leasing Associates, Inc. is a full-service vehicle leasing and fleet management business that has been serving companies since 1958. When their management team was looking for a new lender in 2009, they called on our experienced Lender Finance team to refinance their business. In 2015, the management team of Mark Sprague and Ron Janak had an opportunity to acquire the company, so they once again turned to our team to finance the buyout.
As our funding needs have changed and expanded over the years, they have always been willing to listen and make the changes necessary for our continued success.- Mark Sprague, president and CEO, Leasing Associates, Inc., and Ron Janak, director, Leasing Associates, Inc.
Put our strength to work for you
Growing through acquisitions. Diversifying your portfolio. Starting a new business. As a specialty finance company, you face changing business needs and goals. Wells Fargo Capital Finance understands the unique dynamics of your industry and can support your success.
Our financing solutions can help you:
- Meet working capital needs
- Accelerate growth, whether through expansion or acquisition
- Support new business start-ups
We offer senior secured financing starting at $15 million. Our clients include a variety of speciality finance companies, including:
- Asset-based lenders
- Equipment leasing and finance companies
- Other specialty finance companies