Wingspire Equipment Finance funded over $20 million for a global plastic manufacturing company. The equipment finance agreement (EFA) finance structure enables the acquisition of injection molding machines.
At a crucial time when the business was undergoing a recapitalization, the manufacturer and its sponsor sought a financing partner capable of providing immediate funding and a structured capex line to support ongoing growth and manufacturing capabilities. The financing from Wingspire Equipment Finance enables the company to scale its operations, fulfill contractual commitments and expand its market share.
“Our client had a critical need for a lending partner who could execute on an aggressive timeline,” Dale Schwartz, senior vice president at Wingspire Equipment Finance. “We delivered a streamlined documentation and funding process within a 30-day window, ensuring they could stay on track with their expansion and customer commitments.”
Wingspire Equipment Finance remains committed to empowering private equity-owned manufacturing companies with the capital solutions that drive the industry’s growth and innovation.
