James Renner
Jim Renner has extensive expertise helping financial institutions succeed in equipment leasing and finance markets. During his 15 years as president of Wells Fargo Equipment Finance and its forerunner, Norwest Equipment Finance, Jim led the growth of its leasing portfolio from $530 million to $7.5 billion, establishing Wells Fargo as one of the largest bank leasing companies in North America. Jim was president of First Bank System Leasing prior to joining Norwest.
Leasing is utilized by commercial lending departments to profitably expand customer and prospect relationships, offer a competitive offset product to competitor banks, expand geographically, and utilize the balance sheet for profitable assets.
Jim’s first job out of college was with the credit training program of Irving Trust Company in New York City. He later returned to Minnesota and joined First Bank of Minneapolis, where he was a commercial lender in the real estate department before starting its de novo leasing operation in 1975.
Based in Florida and Minneapolis, Jim is well known for his leadership in the equipment leasing and finance industry. He has been active in the Equipment Leasing and Finance Association (ELFA) for more than 30 years, serving on committees and as a director, vice chairman, and chairman in 1999. He also has been a trustee, chairman (2002-2004), and national development chairman of the ELFA Foundation, which honored him with a special recognition award in 2005.
Jim graduated from the University of Minnesota with a bachelor of arts degree in economics in 1971.
Contact Information
Jim Renner
+1 352 259 7613
jrenner@thealtagroup.com
- Extensive experience leading bank leasing companies to increased growth and profitability.
- Well-known leadership in the equipment leasing and financing industry.
- Additional consulting experience serving independent lessors.
- Active in ELFA and former chairman. Recognized for leadership by industry’s foundation in 2005.