12:42 PM EDT, 09/09/2025 (MT Newswires) -- Aequum Capital Financial said Tuesday it closed a $250 million debt facility led by Wells Fargo ( WFC ) , enhancing its ability to expand its asset-based lending platform.

The Castlelake-backed specialty finance lender said the funding will enable it to provide tailored senior debt solutions ranging from $5 million to $35 million to US small and mid-sized businesses.

Aequum said that the facility also allows for participations and potential portfolio acquisitions within the specialty finance sector.

Shares of Wells Fargo ( WFC ) were up 2.2% in recent trading.

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