Wingspire Equipment Finance’s $12 Million Funding Initiative to Propel Tier 1 Aerospace Manufacturer Capabilities
Through a collaborative effort with the company and its private equity sponsor, Wingspire Equipment Finance developed a solution tailored to their unique requirements. This financing initiative supports the acquisition of new CNC machines and lathes, expanding and enhancing the efficiency of the company's manufacturing processes.
The sponsor's strategy involved financing new equipment and leveraging assets through Wingspire Equipment Finance. By leveraging existing equipment, the aerospace portfolio company secured a cash influx, enabling it to explore higher-yielding opportunities. This approach improves liquidity while supporting the company's goal of increasing its manufacturing capacity.
This transaction underscores Wingspire Equipment Finance's commitment to providing bespoke financial solutions for sponsor-backed, middle market companies and meeting the aerospace industry's dynamic equipment acquisition needs.
For more information about Wingspire Equipment Finance and its comprehensive finance solutions, please visit ef.wingspirecapital.com.
About Wingspire Equipment Finance:
Wingspire Equipment Finance is a leading provider of equipment financing solutions, committed to empowering businesses with flexible and innovative financial solutions. With a focus on client success and industry expertise, Wingspire Equipment Finance is dedicated to helping companies thrive by providing tailored financing options for their equipment needs. Wingspire Equipment Finance is the equipment financing arm of
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Source: Wingspire Equipment Finance