In a roundtable discussion focused on chief credit officers, panelists from Edge Capital, Horizon Technology Finance, SLR Business Credit, Marco Financial and Wingspire Capital discuss the important role of the CCO and how they are leading credit teams through the economic turbulence of 2022.
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 Provides $40MM Senior Secured Revolving Line of Credit to Corsicana Mattress Company
Wingspire Capital provided a $40 million senior secured revolving line of credit to Corsicana Mattress Company as part of its exit from bankruptcy.
Wingspire Capital provided a $46 million senior secured credit facility to EMCORE to facilitate its recent acquisition of the inertial navigation systems and fiber optic gyroscope business segment from KVH Industries.
PWCC Marketplace established a $175 million asset-based credit facility led by WhiteHawk Capital Partners as sole lead arranger and book runner and Wingspire Capital serving as revolver agent. D.A. Davidson served as exclusive financial adviser.
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.
Wingspire Capital provided a revolver as part of a unitranche senior credit facility to Gehl Foods, which used the proceeds to refinance previous debt and to fund an acquisition to expand its manufacturing capabilities.
Wingspire Capital provided a $30 million revolving line of credit to Ashley Stewart to refinance debt and to support future growth. Ashley Stewart is an omnichannel retailer that sells apparel for plus-size women.
Wingspire Capital appointed Doug Sylvia to the newly created role of chief risk officer for Wingspire Equipment Finance. With two decades of experience as a senior credit officer, portfolio manager and underwriter, Sylvia was most recently a senior vice president and lending manager at Wells Fargo.
Wingspire Capital and TCW Asset Management Company together provided a unitranche senior credit facility to women’s apparel brand cabi. cabi, which is majority owned by Sentinel Capital Partners, is using the proceeds to propel anticipated growth.