Wingspire Funds $60MM Senior Secured Financing for Franchise Group

Wingspire Capital funded a $60 million senior secured working capital facility for Franchise Group, an owner and operator of franchised retail stores.

October 29, 2020 Franchise Group | James Garlick | Wingspire Capital Ellie Delany

Citizens Leads $125MM Credit Facility for Franchise Group

Citizens is the lead left arranger of a $125 million asset-based loan for Virginia Beach, VA-based Franchise Group. This transaction refinances an existing asset-based loan for two of Franchise Group’s businesses.

September 30, 2020 Brian Kahn | Citizens | Franchise Group | Jaime Ward Phil Neuffer

Franchise Group to Provide $25MM DIP to Tuesday Morning

Franchise Group is providing Tuesday Morning with a $25 million debtor-in-possession loan as part of its bankruptcy proceedings.

July 13, 2020 Chapter 11 | Franchise Group | Tuesday Morning Phil Neuffer