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.
Wingspire Capital provided more than $700 million in senior secured financing commitments in 2022, bringing its total to $3 billion in its third year of operations.
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 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.
Specialty finance firm Wingspire Capital expanded its product mix with the creation of a dedicated equipment finance division and named Tom Murray managing director of equipment finance.