Wingspire Capital provided a $50 million senior secured revolving credit facility to Vantage Mobility International, a manufacturer of wheelchair accessible vans with in-floor ramp systems.
Since announcing its entrance into the asset-based lending market less than a year ago, Wingspire Capital has established itself as a competitive player in the industry. David Wisen, John Rosin and Ken Wendler explain how creativity and remaining humble have powered their first-year success and growth plans.
Wingspire Capital provided a $30 million senior secured credit facility to a manufacturer and distributor of specialty concrete production and handling equipment.
Allison Adornato joined Wingspire Capital as a managing director and national head of underwriting. Previously, Adornato served as a managing director and underwriting manager at Garrison Investment Group in New York, where she focused on direct lending.
Wingspire Capital funded a $60 million senior secured working capital facility for Franchise Group, an owner and operator of franchised retail stores.
Wingspire Capital agented a $100 million credit facility consisting of an $80 million senior credit facility (co-led by Ares Commercial Finance) and a $20 million second lien credit facility (provided by Atalaya Capital Management) to Rubies II.
Wingspire Capital is funding a $30 million senior secured working capital revolver to a distributor in after-market auto parts, consumer electronics and personal protective equipment.
Wingspire Capital completed a $30 million senior secured loan to home furnishings retailer Arhaus to support the company’s daily operations and continued growth.
Wingspire Capital provided a $40 million senior secured loan to Moran Foods dba Save-A-Lot. The loan was part of a $150 million revolving line of credit among a group of three lenders.