Wingspire Equipment Finance has secured a $350 million credit facility to expand its financing offerings for middle-market and sponsor-backed companies.
Bank of America and Wells Fargo provided the new warehouse line to a wholly-owned Wingspire subsidiary, with Bank of America acting as the structuring and administrative agent, Wingspire announced in a release today.
“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,” Eric Freeman, chief executive of the Tustin, Calif.-based company, stated in the release.
To accommodate its growth, Wingspire plans to move its headquarters to a larger office in Tustin later this year.
The third annual Equipment Finance Connect at the JW Marriott Nashville on May 14-15, 2025, is the only event for both equipment dealers and finance providers. Learn more and register here.
