Wingspire Equipment Finance closed a $195 million credit facility to further expand its direct funding capabilities. Texas Capital Bank agented the facility and Wells Fargo and Bank OZK served as joint lead arrangers.
Liberty Commercial Finance rebranded as Wingspire Equipment Finance, adopted a new logo and redesigned its website as it integrates with parent company Wingspire Capital, which acquired Liberty earlier this year.
Wingspire Capital agreed to acquire Liberty Commercial Finance. The acquisition will provide Wingspire Capital with a direct originations platform that has a nationwide market presence in the United States providing equipment finance solutions to middle-market companies.
Liberty Commercial Finance, an independent equipment lease and finance company, closed a new senior lending facility with Texas Capital Bank to further expand its direct funding capabilities.