Investment products and services are offered through Wells Fargo Advisors. TD said the acquisition, which it expects to complete in the first half of the year, would add scale and capabilities to its existing Canadian equipment-financing business and expand its presence in core markets. The Toronto-Dominion Bank (NYSE: TD) and Wells Fargo & company (NYSE: WFC) have reported a definitive agreement that is subject to certain closing condition where TD will acquire Wells Fargo… "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. 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. There is no assurance that the acquisition will be completed as described in this document or at all. Automated phone payments or agent-assisted payments can also be made by calling 1-800-289-8004. WATCH LIVE: MONDAY, JANUARY 18, 2021 AT 12:00 PM (EST). The Toronto-Dominion Bank (TD Bank) has announced entering into a definitive agreement to acquire Wells Fargo‘s Canadian Direct Equipment Finance business. In-Person Payments Payments can be made at any Wells Fargo banking location. 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. It is anticipated that TD’s acquisition of the business will close in the first six months of this year “subject to receipt of regulatory and Competition Act approvals and clearance, and satisfaction of other customary closing conditions,” according to the announcement. Customer Service Search Opens a dialog. HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. Wells Fargo Equipment Finance (WFEF) is a leading bank-owned equipment leasing and finance company in the U.S. with a portfolio exceeding $48.9 billion, more than 133,000 active customers and 1,100+ team members with coverage in all 50 states and Canada. Acquisition strengthens and expands TD Business Banking capabilities across Canada. Customer Service Representative Wells Fargo Equipment Finance Jan 2009 - Jul 2011 2 years 7 months. Examples of such risk factors include the economic, financial, and other impacts of the COVID-19 pandemic; general business and economic conditions in the regions in which the Bank operates; geopolitical risk; the ability of the Bank to execute on long-term strategies and shorter-term key strategic priorities, including the successful completion of acquisitions and dispositions, business retention plans, and strategic plans; technology and cyber security risk (including cyber-attacks or data security breaches) on the Bank's information technology, internet, network access or other voice or data communications systems or services; model risk; fraud to which the Bank is exposed; the failure of third parties to comply with their obligations to the Bank or its affiliates, including relating to the care and control of information, and other risks arising from the Bank's use of third-party service providers; the impact of new and changes to, or application of, current laws and regulations, including without limitation tax laws, capital guidelines and liquidity regulatory guidance and the bank recapitalization "bail-in" regime; regulatory oversight and compliance risk; increased competition from incumbents and new entrants (including Fintechs and big technology competitors); shifts in consumer attitudes and disruptive technology; environmental and social risk; exposure related to significant litigation and regulatory matters; ability of the Bank to attract, develop, and retain key talent; changes to the Bank's credit ratings; changes in currency and interest rates (including the possibility of negative interest rates); increased funding costs and market volatility due to market illiquidity and competition for funding; Interbank Offered Rate (IBOR) transition risk; critical accounting estimates and changes to accounting standards, policies, and methods used by the Bank; existing and potential international debt crises; environmental and social risk; and the occurrence of natural and unnatural catastrophic events and claims resulting from such events. Wells Fargo Securities, LLC served as exclusive financial advisor and McCarthy Tetrault LLP served as legal counsel to Wells Fargo. In addition, representatives of the Bank may make forward-looking statements orally to analysts, investors, the media and others. 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 … “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,” Head of Wells Fargo Commercial Capital David Marks said in the announcement. Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. MONDAY, JANUARY 18, 2021 AT 12:00 PM (EST), Wells Fargo’s Provision For Credit Losses Drops $823 Million, Finance Teams Surmount The Barriers To Custom Automation, Business T&E Management Firm TravelPerk Buys NexTravel, Grocery Roundup: Walmart, Tesco Meet The New Digital Consumers, Shopping Apps Switch It Up In Latest PYMNTS Provider Ranking. The business has 1.5 billion Canadian dollars (approximately $1.2 billion) in assets and more than 120 staffers. Senior Vice President at Wells Fargo Equipment Finance Huntington Beach, California 500 ... Senior Vice President/Divisional Customer Service Manager at Wells Fargo Bank. 30 on Fortune's 2020 rankings of America's largest corporations. Customers outside of the United States can call Wells Fargo customer service toll-free from most countries using our international access codes. Enter your username and password to securely view and manage your Wells Fargo accounts online. We can also provide full-service lease capabilities for railcars and locomotives through our Wells Fargo Rail team of professionals. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. The acquisition of Wells Fargo's Canadian Direct Equipment Finance business is expected to add scale and capabilities to TD's existing Canadian Equipment Financing business and expand TD's presence in core markets. It’s also among the biggest Society for Worldwide Interbank Financial Transactions (SWIFT) North American services bureaus. Products and services require credit approval. TD also ranks among the world's leading online financial services firms, with more than 14 million active online and mobile customers.