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New Company: Wasatch Finance and Credit 2006-10-18 
As part of the continuing aggressive growth strategy of the Wasatch
group of companies, manager/owner Dell Loy Hansen recently created
Wasatch Finance and Credit.
This Salt Lake City-based company will manage the existing financing of Wasatch entities, as well as acquire new construction, interim and permanent financing for the residential, commercial and venture companies of Wasatch. President Dale Christiansen said WFC will also actively pursue financing opportunities – joint venture or credit support for good projects – with new investment partners. “We’re going to be supporting our own developments, as well as looking outside Wasatch to do mezzanine and preferred equity lending for third parties,” Dale said. Formerly a senior vice president/office manager at the Salt Lake City Wells Fargo Bank, Dale has over 20 years experience in banking and real estate finance throughout the nation. Dale has a bachelor’s degree in finance from Brigham Young University and a master’s degree in business from Arizona State University. Dale said he is excited about the opportunity at the helm of WFC to develop new partnerships with visionary business people in Utah and throughout the western United States. “The company has grown to the point that they needed this type of role within Wasatch,” he said. “The opportunity to grow the business into new areas is one of the compelling things that attracted me.” Dale and his wife Jana live in Holladay, Utah. They are the parents of four children. In his spare time, Dale enjoys water and snow skiing, but not alpine sledding. Nearly one year ago, Dale suffered severe injuries including a broken back when his ride turned a little too wet and wild. Wasatch Finance and Credit is headquartered in the Wells Fargo Center in downtown Salt Lake City at 299 South Main, Suite 2400. |