Wells Fargo has opened a regional auto lending center in Cherry Hill, New Jersey, in response to increased car sales in the area.
The Wells Fago Dealer Services center will help around 150 dealerships in the area with financing and commercial banking services, Philadelphia Business Journal reported.
The center will hire 16 people, with the possibility of expansion.
This is Wells Fargo's first auto services center in South Jersey and its 56th office nationwide. Other offices are located inWhitpain, Montgomery County and Bernards Township, Somerset County.