HOUSTON — Wells Fargo Dealer Services has announced the opening of its 57th regional business center in South Houston, which will serve approximately 100 existing auto dealerships in the region. The business center is the company’s fifth in Texas and second in Houston.

“Our new regional business center reflects Wells Fargo’s continued commitment to providing localized service to the dealership community through a team of in-market auto finance experts who understand the market because we live and work in the communities we serve,” said Mark Beedlow, greater Texas market manager for Wells Fargo Dealer Services. “Through this new business center and four others in the state, we will continue to offer solutions that meet the dealers’ needs, so they can provide vehicle financing for their customers across the credit spectrum.”

Steven Kannenberg, regional business center manager, was appointed to lead the new center that will initially house 11 Wells Fargo Dealer Services team members. Kannenberg has more than 15 years of experience in the auto industry.

Wells Fargo Dealer Services operates 57 regional business centers nationwide staffed with teams of in-market auto finance experts who provide financial solutions for the dealer community, including indirect auto financing, real estate and floor plan financing with access to commercial banking services designed to help dealers operate more efficiently.

Originally posted on F&I and Showroom