Wingspire Capital provided a $30 million senior secured credit facility to a manufacturer and distributor of specialty concrete production and handling equipment.

The company will use the proceeds to fund day-to-day capital needs for growth and optimizing cash flow.

“We are pleased to provide a more creative and flexible capital solution for a company that plays a vital role in building, repairing and maintaining our nation’s infrastructure as well as new commercial construction projects,” Will Bence, director at Wingspire Capital, said.

Wingspire Capital is a provider of senior secured asset-based revolving credit lines and term loans.