Wingspire Equipment Finance has closed a $350m credit facility to bolster its ability to provide financing solutions to middle market and sponsor-backed companies.
The facility, structured as a warehouse line, was extended to a wholly-owned subsidiary of the company.
Bank of America and Wells Fargo are acting as lenders on the transaction, with Bank of America serving as the structuring and administrative agent.
The company noted continued strong demand for its capital offerings, contributing to growth across all areas of its operations.
In line with this expansion, Wingspire plans to relocate its headquarters later this year to a larger, newly constructed office space at The Flight at Tustin Legacy.
Wingspire Equipment Finance CEO Eric Freeman said: “We are pleased to expand our lending capacity with the support of premier financial institutions like Bank of America and Wells Fargo.
“This new facility is a testament to the strength of our platform and allows us to better serve our clients with more flexible and cost-effective equipment financing solutions.”
Wingspire provides financial solutions predominantly to private equity-backed, middle market companies operating in capital-intensive sectors.
Supported by funds managed by asset manager Blue Owl Capital with over $251bn in assets under management (AUM), the company offers financing for both new and used essential-use equipment across the US and Canada.
In April 2025, Wingspire provided more than $20m in equipment financing to a global aviation services leader.
The funding will be used to upgrade the company’s operational equipment, enabling it to better meet growing market demand and fulfil new customer contracts.
<!– –>
发表回复