Wells Fargo Corporate Banking, part of Wells Fargo & Co., has formed a new Hotel Franchise Finance division. The division will provide real estate financing to multi-unit owners and operators of franchised hotels in the select-service and extended-stay segments, and will be overseen by Scott Andrews, a 17-year banking veteran of the hotel financing industry. Among the services offered under the Hotel Franchise Finance division are: fixed- and floating-rate real estate secured term loans, treasury management, interest rate risk management, insurance, private banking, capital markets and advisory services, and payroll services.