Wingspire Equipment Finance closed on a $350 million credit facility to expand its financing capabilities for middle market and sponsor-backed companies. The new warehouse line was provided to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America and Wells Fargo as lenders. Bank of America serves as the structuring and administrative agent.
“We are pleased to expand our lending capacity with the support of premier financial institutions like Bank of America and Wells Fargo,” said Eric Freeman, CEO of Wingspire Equipment Finance. “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 Equipment Finance continues to experience strong demand for its capital solutions, fueling expansion across all business areas. To support its growth and expanding team, the company will relocate its headquarters later this year to a newly built, larger office at The Flight at Tustin Legacy.
